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http://dx.doi.org/10.7849/ksnre.2021.2033

Estimation of Electric Power Trading Price between Prosumer and Consumer Under Time-of-Use (TOU)  

Lee, Yungjoon (Energy Policy and Engineering, KEPCO International Nuclear Graduate School (KINGS))
Park, Soojin (Energy Policy and Engineering, KEPCO International Nuclear Graduate School (KINGS))
Yoon, Yongbeum (Energy Policy and Engineering, KEPCO International Nuclear Graduate School (KINGS))
Publication Information
New & Renewable Energy / v.17, no.2, 2021 , pp. 1-8 More about this Journal
Abstract
We estimated the price range of electricity transactions under the prosumer system, considering the spread of renewable energy and the prospect of introducing a surplus power trading system between power consumers in Korea. The range (min/max) of power transaction prices was estimated by prosumers and consumers who could purchase electricity from utilities if needed. It is assumed that utilities purchased electricity from prosumers and consumers under a Time-of-Use (TOU) rate, trading at a monthly price. The range of available transaction prices according to the amount of power purchased from utilities and the amount of transaction power was also estimated. The price range that can be traded is expected to vary depending on variables such as the TOU rate, purchased and surplus power, levelized cost of electricity, etc.
Keywords
Prosumer; Consumer; TOU; SMP; P2P; LCOE;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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