• Title/Summary/Keyword: Charging price

Search Result 68, Processing Time 0.029 seconds

Asymmetric Price Differential between Medium and Small Class Cars across Countries: A Case Study - Korea and the U.S.

  • Lee, Woong;Hong, Hyung Ju
    • East Asian Economic Review
    • /
    • v.16 no.3
    • /
    • pp.249-272
    • /
    • 2012
  • This paper examines how a Korean automobile firm price-discriminates between the Korean and the U.S. markets. We argue that a Korean automobile firm's pricing behavior depends on the differences in price elasticity over the segmented markets between the countries. Our findings are that differences in price elasticity may help explain why a medium-class car's price is higher in Korea than that in the U.S. while a small-sized car's price is higher in the U.S. than in Korea, which implies that a Korean automobile firm $3^{rd}$ degree price-discriminates on the same or similar products between Korea and the U.S. This type of $3^{rd}$ degree price discrimination differs from a typical home-bias effect (charging higher prices to domestic consumers) because a small-sized car which is produced domestically sells at higher price abroad. This finding can be added as a source that violates the law of one price.

  • PDF

A Study of Comparing and Analyzing Electric Vehicle Battery Charging System and Replaceable Battery System by Considering Economic Analysis (경제성을 고려한 전기자동차 충전시스템과 배터리 교체형 시스템의 비교분석 연구)

  • Kim, Si-Yeon;Hwang, Jae-Dong;Lim, Jong-Hun;Song, Kyung-Bin
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.61 no.9
    • /
    • pp.1242-1248
    • /
    • 2012
  • Electric vehicle usage is currently very low, but it will be increase with development of electric vehicle technology and a good government policy. Moreover in 2020, advanced electric vehicle manufacturing system will give high performance for its price and mass production. Electric vehicle will become widespread in Korea. From an operational and a planned viewpoint, the electric power demand should be considered in relation to diffusion of electric vehicles. This paper presents the impact of the various battery charge systems. A comparison is performed for electric vehicle charging methods such as, normal charging, fast charging, and battery swapping. In addition, economic evaluation for the replaceable battery system and the quick battery charging system is performed through basic information about charging Infrastructure installation cost. The results of the evaluation show that replaceable battery system is more economical and reliable in side of electric power demand than quick battery charging system.

Decision-Making of Determining the Start Time of Charging / Discharging of Electrical Vehicle Based on Prospect Theory

  • Liu, Lian;Lyu, Xiang;Jiang, Chuanwen;Xie, Da
    • Journal of Electrical Engineering and Technology
    • /
    • v.9 no.3
    • /
    • pp.803-811
    • /
    • 2014
  • The moment when Electrical Vehicle (EV) starts charging or discharging is one of the most important parameters in estimating the impact of EV load on the grid. In this paper, a decision-making problem of determining the start time of charging and discharging during allowed period is proposed and studied under the uncertainty of real-time price. Prospect theory is utilized in the decision-making problem of this paper for it describes a kind of decision making behaviors under uncertainty. The case study uses the parameters of Springo SGM7001EV and adopts the historical realtime locational marginal pricing (LMP) data of PJM market for scenario reduction. Prospect values are calculated for every possible start time in the allowed charging or discharging period. By comparing the calculated prospect values, the optimal decisions are obtained accordingly and the results are compared with those based on Expected Utility Theory. Results show that with different initial State-of-Charge ($SoC_0$) and different reference points, the optimal start time of charging can be the one between 12 a.m. to 3 a.m. and optimal discharging starts at 2 p.m. or 3p.m. Moreover, the decision results of Prospect Theory may differ from that of the Expected Utility Theory with the reference points changing.

A Study on Energy Optimization Algorithm of Electric Vehicle Charging System (전기자동차 충전시스템의 에너지 최적화 알고리즘에 관한 연구)

  • Boo, Chang-Jin
    • Journal of IKEEE
    • /
    • v.22 no.2
    • /
    • pp.369-374
    • /
    • 2018
  • In this paper, the energy cost saving in multi-channel electric vehicle charging system. Joint use of the electric car charger battery state of charging proposed a method based charging. A linear programming with two type is used for optimal control, and the time-of-use price is included to calculate the energy costs. Simulation results show that the reductions of energy cost and peak power can be obtained using proposed method.

A New Approach for Pricing the Internet Service

  • Lee, Hoon
    • The Journal of Korean Institute of Communications and Information Sciences
    • /
    • v.28 no.11B
    • /
    • pp.1007-1015
    • /
    • 2003
  • In this Paper, we propose a method of determining the price for the elastic traffic in the current or future Internet services. First, we investigate the behavior in the consumption of bandwidth of elastic traffic in IP network. Next, we propose a new method to relate the bandwidth usage with the pricing for the elastic traffic, which is based partially or fully on the usage rate of the network bandwidth. Next, we propose an optimal charging function for elastic traffic, which is applicable to any Internet services. Finally, we will illustrate the implication of the work via simple numerical experiments.

Fixed-Mobile Interconnection Charging and Optimal Regulation Under Customer Ignorance (소비자 무지하에서의 유무선 상호접속료 책정과 최적규제모델)

  • Jung, Choong-Young
    • The Journal of Korean Institute of Communications and Information Sciences
    • /
    • v.31 no.12B
    • /
    • pp.1112-1121
    • /
    • 2006
  • This Paper deals with the model of fixed-mobile interconnection. Specifically, how interconnection charge and originating price are determined when there is customer ignorance about terminating network or the price. This paper shows that the terminating charge with customer ignorance is higher than without that, and therefore the retail price becomes higher. This paper discusses the several methods to prevent the increase of the retail price and suggests the scheme to regulate the retail price and interconnection charge, simultaneously.

Independent Generation System Design for the Economic Management of Electrical Charging Stations (전기충전소의 경제적 운영을 위한 독립발전 시스템 설계)

  • Seo, Jin-Gyu;Kim, Kyu-Ho;Rhee, Sang-Bong
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.64 no.2
    • /
    • pp.222-227
    • /
    • 2015
  • This paper presents the optimal energy generation systems for economical EVs(Electric Vehicles) charging stations located in an island area. The system includes grid electricity, diesel generator and renewable energy sources of wind turbines and PV(Photovoltaic) panels. The independent generation system is designed with data resources such as annual average wind speed, solar radiation and the grid electricity price by calculating system cost under different structures. This sensitive analysis on the varying data resources allows for the configuration of the most economical generation system for charging stations by comparing initial capital, operating cost, NPC(Net Present Cost) and COE(Cost of Energy). Depending on the increase of the grid cost, the NPC variation of the most economical system which includes renewable energy generations and grid electricity can be smaller than those of other generation systems.

Influence of Charging Amounts on the Cooling Performance of $CO_2/Propane$ Mixtures and Concentration Shift Behavior (이산화탄소/프로판 혼합냉매의 냉방성능에 대한 충전량의 영향 및 순환성분비 변화 특성)

  • Kim, Ju-Hyok;Hwang, Yun-Wook;Kim, Min-Soo
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
    • /
    • v.18 no.11
    • /
    • pp.851-858
    • /
    • 2006
  • [ $CO_2$ ] and propane mixtures, which are environmentally benign, nontoxic, low in price, and compatible with materials and lubricants, were considered as promising alternative refrigerants. A fully instrumented air-conditioning system was developed for a precise performance evaluation of pure $CO_2$ and $CO_2/propane$ mixtures. In this paper, the effect of the charging amount and circulation concentration on the cooling performance of the system using $CO_2$ and propane mixtures was tested and discussed. Pure $CO_2$ and 85/15, 75/25 and 60/40 binary blends by the charged mass percentage of $CO_2/propane$ were selected as working fluids. An optimum charging amount was proposed as a parameter instead of the degree of subcooling, which can not be well defined in the transcritical cycle, to properly compare the performance between the transcritical and subcritical cycles.

Design of Grid Accounting Model Based on Site Price Policy (사이트 가격 정책 기반의 그리드 어카운팅 모델 설계)

  • Hwang Ho-Joen;An Dong-Un;Chung Seung-Jong
    • The KIPS Transactions:PartA
    • /
    • v.13A no.1 s.98
    • /
    • pp.35-44
    • /
    • 2006
  • Grid accounting model is necessary to support the demand and supply of id resource. Most grid accounting systems currently in use intrude upon site autonomy by modifying local accounting systems or calculate the cost of grid service without regard to site price policy. In this paper we propose and design Grid accounting model based on site price policy. This model assures autonomy of sites participating in gird computing and be able to actively cope with diverse billing services. Also this proposed model enables to provide RUS to Grid entities by transforming basic accounting information into GGF-UR format and allows this entities to exchange resource usage information. In this paper, proposed Grid accounting model enables sites to have autonomy of them and is evaluated for business model to enforce elaborate charging policy, compared with other systems.