IE interfaces (산업공학)

Korean Institute of Industrial Engineers (대한산업공학회)
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A Study on Electrical Power Trading in Minimum Price Wholesale Market

최소 가격 도매경쟁시장에서의 전력 거래에 관한 연구

  • Seo, Tae-Min (LG Electronics, AE Company, RAC Divison) ;
  • Lee, Hee-Sang (Sungkyunkwan University, Department of Systems Management)
  • 서태민 ((주)LG전자 AE본부 RAC사업부) ;
  • 이희상 (성균관대학교 시스템경영공학과)
  • Received : 2011.08.23
  • Accepted : 2011.11.08
  • Published : 2011.12.01
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Abstract

The importance of renewable energy technology is discussed and next generation power transmission networks, which is called the smart grid, are constructed in developed countries. However for construction and operation of the smart grid, it is required not only to develop the electrical power generation technologies and transmission equipments but also to study systematic analysis and optimization for design and operation of the smart grid. In this paper we study electrical power trade in the smart grid using operations research models and simulation methods. We also consider future electrical power exchange markets in Korea and build four scenarios and the related optimization and simulation models, which reflect electrical power transaction pricing strategies of stake-holders. We can also simulate electrical power exchange market and analyze the results of electrical power trading, which can give us some insights for future electrical power exchange market.

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References

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