An Analysis of the Impact of the Electrification of the Transport Sectoron the Korean Power Industry

Bia Kim; Jae Yeob Kim; Myung D. Park

doi:10.32390/ksmer.2020.57.4.362

All Issue

2020 Vol.57, Issue 4 Preview Page Next Page

Research Paper (Special Issue)

An Analysis of the Impact of the Electrification of the Transport Sectoron the Korean Power Industry 수송부문의 전력화 현상이 전력산업에 미치는 영향 분석

31 August 2020. pp. 362-371

PDF XML

Abstract

This study investigates the effect of the dissemination of electric vehicles (EVs) in Korea on the Korean power industry, based on “The 8th Basic Plan for Long-term Electricity Supply and Demand. In accordance with the Korean government’s target of EV distribution, the electricity charging of EVs can add approximately 500 MW to the maximum load in 2030, which accounts for 0.5% of the total maximum load in the same year. The environmental damage cost of EVs is estimated to be approximately 5.8 KRW/km in the future (average from 2020 to 2030) constitution of power generation sources. The level of environmental damage cost of one EV unit is lower than that of internal combustion engines (gasoline and diesel); hence, each of the internal combustion engines corresponds to an increased environmental damage cost of 36.6 KRW/km and 60.1 KRW/km in comparison with one EV unit. In this respect, it can be concluded that the policies regarding the electrification of the transport sector in Korea have limited influences on the Korean power industry; however, a series of policies are comparatively effective in promoting social benefits through air quality improvement.

Keywords

Electric Vehicle

Power Industry

Maximum load

Environmental Damage Cost

본 연구에서는 전기자동차 보급·확산이 국내 전력산업에 미치는 영향을 제 8차 전력수급 기본계획을 기준으로 분석하였다. 정부의 보급목표대로 전기자동차의 보급이 이루어질 경우 2030년 기준 전기자동차 충전전력이 최대부하에 미치는 영향은 약 500 MW 으로 전체 최대부하의 약 0.5% 수준인 것으로 추정되었다. 또한 향후 전력생산에 필요한 발전원별 비중을 고려하면 전기자동차의 환경피해비용은 약 5.8원/km 수준(2020∼2030년 평균)으로 내연기관 차량에 비해 연간 환경피해비용을 각각 36.6원/km(휘발유), 60.1원/km(경유) 감소시킬 것으로 전망되었다. 따라서 수송부문의 전력화 정책은 전력산업에 미치는 영향은 제한적이면서 대기환경개선을 통한 사회적 편익을 증진시키는 정책임을 확인할 수 있었다.

키워드

전기자동차

전력산업

최대부하 영향

대기환경편익

References

Bloomberg New Energy Finance (BNEF), 2019. Electric Vehicle Outlook 2019, USA, 124p.

Cho, S.J. and Park, C.K., 2015. Optimal power generation mix with economic and social costs of nuclear power. Korea Energy Economic Institute, Ulsan, Korea, 273p.

Electric Power Research Institute (EPRI), 2007. EPRI Executive Summary: Environmental Assessment of Plug-In Hybrid Electric Vehicles, Volume 2: United States air quality analysis based on AEO-2006 assumptions for 2030.

European Commission (ExternE Project), 2005. Externalities of Energy, Volume 10, Luxembourg , 3p.

Holland, S.P., Mansur, E.T., and Yates, A.J., 2016. Are there environmental benefits from driving electric vehicles? the importance of local factors. American Economic Review, 106, p.3700-3729.

10.1257/aer.20150897

International Energy Agency (IEA), 2018. Global EV Outlook 2018, FRA, 144p.

International Energy Agency (IEA), 2019. Global EV Outlook 2019, FRA, 219p.

Jeon, H.C., 2017. Analysis of spatial heterogeneity of local pollutants and greenhouse gas emissions from the electric vehicle. Korea Environment Institute, Sejong-si, Korea, 115p.

Jeon, H.C., 2019. Analysis of electric vehicle's environmental benefits fromthe perspective of energy transition in Korea. Environmental and Resource Economics Review, 28, p.307- 326.

Kang, M.K., 2019. A study on Appropriate Price Setting of Transportation Energy and Use of the Related Tax Revenue. Korea Environment Institute, Sejong-si, Korea, p.14-30.

Kim, J.K., 2017. Transportation energy tax reform directions to cope with the electrification of transportation. Korea Energy Economics Institute, Ulsan, Korea, 127p.

Korea Electricity Power Corporation (KEPCO), 2018. Statistics of Electric Power in Korea, Naju-si, Korea, 88, p.20-95.

Korea Energy Agency (KEA), 2017. Energy Consumption Survey - Final Report on EV Survey Results, Ulsan, Korea, 65p.

Korea Energy Agency (KEA), 2019. 2019 Vehicle Fuel Economy and CO₂ Emissions : Data and Analyses, Ulsan, Korea, 113p.

Lee, D.K., 2017. A study on reasonable adjustment method for relative price of transportation energy. Korea Institute of Public Finance, Sejong-si, Korea, 16p.

Lee, D.K., 2018. A study on reasonable adjustment method for taxation on power sector. Korea Institute of Public Finance, Sejong-si, Korea, 99p.

Ministry of Trade, Industry and Energy (MOTIE), 2017. The 8th Basic Plan for Long-term Electricity Supply and Demand, Sejong-si, Korea, 99p.

Ministry of Trade, Industry and Energy (MOTIE), 2018a. 2030 Greenhouse gas Reduction Roadmap Revised, Sejong- si, Korea, 13p.

Ministry of Trade, Industry and Energy (MOTIE), 2018b. The Strategies To Improve Industry of Automobile Parts, press release, Sejong-si, Korea, 16p.

Ministry of Trade, Industry and Energy (MOTIE), 2019. The 3rd Energy Master Plan, Sejong-si, Korea, 114p.

Park, K.S, Cho, S.J., 2018. A study on the revision of taxation on power sector for the successful energy transition. Korea Energy Economic Institute, Ulsan, Korea, 183p.

Parry, I., Heine, D., Lis, E., and Li, S, 2014. Getting energy prices right: from principles to practice. International Monetary Fund, USA, 95p.

The British Petroleum Co., PLC (BP), 2018. BP Outlook 2018 Edition, UK, 125p.

Information

Publisher :The Korean Society of Mineral and Energy Resources Engineers
Publisher(Ko) :한국자원공학회
Journal Title :Journal of the Korean Society of Mineral and Energy Resources Engineers
Journal Title(Ko) :한국자원공학회지
Volume : 57
No :4
Pages :362-371
Received Date : 2020-07-06
Revised Date : 2020-08-07
Accepted Date : 2020-08-25
DOI :https://doi.org/10.32390/ksmer.2020.57.4.362

Journal of the Korean Society of Mineral and Energy Resources Engineers ISSN:2288-0291(Print) 2288-2790(Online) 한국자원공학회지

All Issue