Nyun-Bae Park
Korea Institute of Energy Research, Korea
Title: Effect of technology development in the industrial high efficiency boiler using TIMES Model
Biography
Biography: Nyun-Bae Park
Abstract
Energy saving potential and carbon dioxide (CO2) reduction potential of boiler technologies in the Korean industrial sector up to 2035 were analyzed using TIMES (The Integrated MARKAL-EFOM System) model based on bottom-up optimization. Final energy consumption by industrial indirect heating boilers in 2013 accounts for 7% of Korea’s industrial energy consumption and 8% of the manufacturing sector’s consumption. Energy consumption of industrial indirect heating boilers is expected to increase about 25% between 2013 and 2035 in the baseline scenario. Economic potential against the baseline scenario through market competition between existing and new technologies is 5.6% for energy saving and 6.1% for CO2 reduction by 2035. Technical potential against the baseline scenario by deploying only the most efficient technologies in new installation demand is 7.9% for energy saving and 20.7% for CO2 reduction by 2035. The most efficient technologies by boiler technology categories were gas-firing super boilers. CO2 reduction potential is higher than energy-saving potential because fuel substitution toward gas was added to the energy-saving effect due to efficiency improvement. Regulation, incentives, information disclosure, and research and development of high-efficiency boiler technologies are necessary to realize technical potential beyond economic potential in industrial indirect heating