• 대한전기학회논문지:전력기술부문A
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• 제55권5호
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• pp.202-213
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• 2006

This paper presents a new approach for optimal dispatch of energy and frequency regulation reserve considering contingency in a competitive electricity market. It is necessary to introduce the reserve market with the spot energy market for operating efficiently and obtaining the security of the electricity market. However, the reserve market is closely connected with the energy market since the energy and reserve are produced from the same resources. Thus, it is inevitable to co-optimize the energy and ancillary service for efficient operation of energy and ancillary service market. Therefore, this paper proposes a new method for optimal dispatch of energy and frequency regulation reserve considering n-1 contingency of generator and transmission line using constraints and sensitivity based on AC power flow To verify the effectiveness of the proposed method, the numerical studies have been performed for 5-bus sample system and modified IEEE 14-bus system.

• 산업경영시스템학회지
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• 제39권1호
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• pp.17-24
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• 2016

Many organizations have transformed their business in order to survive and compete in the future. They generate projects by creating a vision, using strategies and objectives with funds aligning strategies and make efforts to complete them successfully because project success leads to business success. All projects have triple constraints such as scope, time, and cost to be completed. Project cost performance is a key factor to achieve project goals and which is mostly related with risks among various cost drivers. Projects require a cost estimation method to complete them within their budget and on time. An accurate budget cannot be estimated due to the uncertainties and risks. Thus some additional money should be funded in addition to the base budget as a contingency reserve for identified risks and a management reserve for unidentified risks. While research on contingency reserve for identified risks included in project budget baseline have been presented, research on management reserve for unidentified risks included in total project budget is still scarce. The lack of research on estimation method and role of the management reserve have made project managers little confidence to estimate project budget accurately with reasonable basis. This study proposes a practical model to estimate budgets including contingency and management reserves for not only project cost management but also to keep the balance of organization's total funds to maximize return on investments for project portfolio management. The advantages of the proposed model are demonstrated by its application to construction projects in Korea and the processes to apply this model for verification are also provided.

• Journal of Electrical Engineering and Technology
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• 제12권2호
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• pp.541-548
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• 2017

An increasing concern is paid to short-term voltage stability with the growth of penetration of induction motor loads. Reactive power reserve(RPR) of power system is critical to improve voltage stability. A definition of short-term voltage stability-related RPR(SVRPR) is proposed. Generators vary their contributions to voltage stability with their location and system condition, etc. Voltage support coefficient based on the second-order trace sensitivity method is proposed to evaluate SVRPR's contribution to short-term voltage stability. The evaluation method can account for the generator's reactive support in transient process and the contingency severity. Then an optimization model to improve short-term voltage stability is built. To deal with multiple contingencies, contingency weight taking into account both its probability and severity is proposed. The optimization problem is solved by primal dual interior point method. Testing on IEEE_39 bus system, it is indicated that the method proposed is effective. Short-term voltage stability is improved significantly by the way of SVRPR optimization. Hence, the approach can be used to prevent the happening of voltage collapse during system's contingency.

• Journal of Electrical Engineering and Technology
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• 제12권4호
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• pp.1397-1405
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• 2017

As the introduction of wind power is steadily increasing, negative effects of wind power become more important. To operate a power system more reliable, the system operator needs to recognize the maximum required capacity of available generators for a certain period. For recognizing the maximum capacity, this paper proposes a methodology to determine an optimal reserve requirement considering wind power, for the certain period in the mid-term perspective. As wind speed is predicted earlier, the difference of the forecasted and the actual wind speed becomes greater. All possible forecast errors should be considered in determining optimal reserve, and they are represented explicitly by the proposed matrix form in this paper. In addition, impacts of the generator failure are also analyzed using the matrix form. Through three main stages which are the scheduling, contingency and evaluation stages, costs associated with power generation, reserve procurement and the usage, and the reliability cost are calculated. The optimal reserve requirement is determined so as to minimize the sum of these costs based on the cost/reliability analysis. In case study, it is performed to analyze the impact of wind power penetration on the reserve requirement, and how major factors affect it.

• KIEE International Transactions on Power Engineering
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• 제11A권4호
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• pp.27-32
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• 2001

This paper presents a concept of reactive reserve based contingency constrained optimal power flow (RCCOPF). RCCOPF for enhancement of interface flow limit is composed of two modules, which are the modified continuation power flow (MCPF) and reactive optimal power flow (ROPF). In RCCOPF, two modules are repeatedly performed to increase interface flow margins of selected contingent states until satisfying the required enhancement of interface flow limit. In numerical simulation, a simple example with New England 39-bus test system is shown.

• KIEE International Transactions on Power Engineering
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• 제11권X00호
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• pp.27-32
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• 2001

This paper presents a concept of reactive reserve based contingency constrained optimal power flow (RCCOPF). RCCOPF for enhancement of interface flow limit is composed of two modules, which are the modified continuation power flow (MCPF) and reactive optimal power flow (ROPF). In RCCOPF, two modules are repeatedly performed to increase interface flow margins of selected contingent states until satisfying the required enhancement of interface flow limit. In numerical simulation, a simple example with New England 39-bus test system is shown.

• 한국건축시공학회:학술대회논문집
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• 한국건축시공학회 2004년도 학술.기술논문발표회
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• pp.113-117
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• 2004

We need the contingency cost in order to deal with the uncertainty to be accompanied inevitably at the construction and an every kind risk not to forecast in advance. And also the contingency colt needed for the change order and we need it for reduction of the delay and reduce the trouble between owner and constructor. This study, through checking and analyzing the risk factor, in the step of domestic construction, suggests optimal management reserve to specific business about the contract type and the scale. The main results of this research are summarized as follow. First, I investigated the recognition about the contingency cost, grasped the risk to be happened at the construction step and found out the frequency occurrence, through making up question to engineer are carrying out their job in the domestic construction. Second, I computed optimal contingency cost rate by the statistics investigation, and proposed an improvement plan and problem when compute a contingency cost.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2003년도 하계학술대회 논문집 A
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• pp.19-23
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• 2003

This paper presents a new concept of reactive reserve based contingency constrained optimal power flow (RCCOPF) for voltage stability enhancement. This concept is based on the fact that increase in reactive reserves is effective for enhancement of voltage stability margins of post-contingent states, in this paper, the proposed algorithm is applied to voltage stability margin of interface flow. Interface flow limit, in the open access environment, can be a main drawback. RCCOPF for enhancement of interface flow margin is composed of two modules, modified continuation power flow (MCPF) and optimal power flow (OPF). These modules art recursively perform ed until satisfying the required margin of interface flow in the given voltage stability criteria.

• Journal of Electrical Engineering and Technology
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• 제13권1호
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• pp.105-113
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• 2018

This paper proposes pre-analysis on planning of high-voltage direct current (HVDC) transmission system applied to Korea electric power grid. HVDC transmission system for interface lines has been considered as alternative solution for high-voltage AC transmission line in South Korea since constructing new high-voltage AC transmission lines is challenging due to political, environmental and social acceptance problems. However, the installation of HVDC transmission system as interface line in AC grid must be examined carefully. Thus, this paper suggests three scenarios to examine the influences of the installation of HVDC transmission system in AC grid. The power flow and contingency analyses are carried out for the proposed scenarios. Power reserves in metro area are also evaluated. And then the transient stability analysis focusing on special protection scheme (SPS) operations is analyzed when critical lines, which are HVDC lines or high voltage AC lines, are tripped. The latest generic model of HVDC system is considered for evaluating the impacts of the SPS operations for introducing HVDC system in the AC grid. The analyses of proposed scenarios are evaluated by electromechanical simulation.

• Journal of Electrical Engineering and Technology
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• 제10권3호
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• pp.719-728
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• 2015

This paper presents the results of field tests on Voltage Management System (VMS) using hybrid voltage control, which utilizes coordinated controls of various reactive power resources such as generators, FACTS and switched shunt devices to regulate the pilot bus voltage in a voltage control area. It also includes the results of performance test on RTDS-based test bed in order to validate the VMS before installing it in Jeju power system. The main purpose of the system is adequately to regulate the reactive power reserve of key generators in a normal condition with coordination of discrete shunt devices such as condensers and reactors so that the reserves can avoid voltage collapse in emergency state in Jeju system. Field tests in the automatic mode of VMS operation are included in steady-states and transient states. Finally, by the successful operation of VMS in Jeju power system, the VMS is proved to effectively control system voltage profiles in steady-state condition, increase system MVAR reserves and improve system reliability for pre- and post-contingency.