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Journal of Emerging Trends in Computing and Information Sciences >> Call for Papers Vol. 8 No. 3, March 2017

Journal of Emerging Trends in Computing and Information Sciences

Feasibility Study of Solar Energy Generation Potential along the National Highways in Korea

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Author Yuhwa Lee, Hak-Ryong Moon, Suk-Ki Lee, Jun Hwa Jeong
ISSN 2079-8407
On Pages 154-161
Volume No. 7
Issue No. 3
Issue Date April 1, 2016
Publishing Date April 1, 2016
Keywords Photovoltaic power generation, national highways, feasibility study, cost/benefit analysis


This study aims at conducting two analyses to select the potential sites and to evaluate economic feasibility by using them determined in the first analysis in an attempt to effectively support the government-proceeding project of photovoltaic power generation along the national highways in Korea. The first analysis for the potential site selection focuses on determining the potential sites along/near the highway right-of-way including interchanges and disused roads of the National highways. The second analysis for the economic feasibility study has been conducted by applying a cost-benefit analysis. According to B/C ratio and Net Present Value estimated, it turns out that the photovoltaic power generation project at the 261 potential sites in total is economically feasible and profitable. The total area estimated from the national highway right-of-way is about 7 million square meters and B/C ratio is much higher than 1.0 which means that the project itself is not only cost efficient considerably, but helpful to reduce greenhouse gas emission even when applying the minimum power capacity generated from the sites.

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