• The Transactions of the Korean Institute of Electrical Engineers A
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• v.54 no.8
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• pp.396-400
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• 2005

This paper proposes the cost analysis on the energy efficient equipment when this equipment is participated in the demand-side bidding. Conventional demand-side bidding is exercised through load re-distribution. However if this load reduction is exercised by the use of high efficient equipment, its effect will be assumed to be more economical. This paper analyses this cost-benefit effect of high efficient equipment in the demand-side bidding.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.54 no.11
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• pp.557-560
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• 2005

This paper proposes the demand-side management(DSM) monitoring system of high efficient end-use equipments considering demand-side bidding (DSB). The effect on the market penetration of high efficient equipments by demand side bidding is analysed. Seasonal peak demand forecasting and penetration capacity of these equipments . are analysed.

• Proceedings of the KIEE Conference
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• 2003.07a
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• pp.65-67
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• 2003

This paper proposes the cost analysis on the energy efficient equipment when this equipment is participated in the demand-side bidding. Conventional demand-side bidding is exercised through load re-distribution. However if this load reduction is exercised by the use of high efficient equipment, its effect will be assumed to be more economical. This paper analyses this cost-benefit effect of high efficient equipment in the demand-side bidding.

• Proceedings of the KIEE Conference
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• 2003.07a
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• pp.68-70
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• 2003

This paper proposes the demand-side management(DSM) monitoring system of high efficient end-use appliances considering demand-side bidding (DSB). The effect on the market propagation of high efficient appliances by demand side bidding is analysed. Seasonal Peak demand forecasting and propagation capacity of these appliances are analysed.

• Journal of Electrical Engineering and Technology
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• v.10 no.1
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• pp.64-74
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• 2015

Because of the burgeoning demand of the energy, the countries are finding sustainable solutions for these emerging challenges. Demand Side Management is playing a significant role in managing the demand with an aim to support the electrical grid during the peak hours. However, advancement in controls and communication technologies, the aggregators are appearing as a third party entity in implementing demand response program. In this paper, a detailed mathematical framework is discussed in which the aggregator acts as an energy service provider between the utility and the consumers, and facilitate the consumers to actively participate in demand side management by introducing the new concept of demand reduction bidding (DRB) under constrained direct load control. Paper also presented an algorithm for the proposed framework and demonstrated the efficacy of the algorithm by considering few case studies and concluded with simulation results and discussions.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.7
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• pp.1157-1166
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• 2008

This paper presents a new approach for the evaluation of location marginal prices (LMPs) considering demand-side bidding (DSB) in a competitive electricity market. The stabilization of the electric power supply and demand balance is one of the major important activities in electric power industry. In this paper, we present an analytical method for calculation of LMPs considering DSB, which has opportunity to compete with generating units, as England & Wales Pool's DSB scheme[1]. Also, we propose a new approach that LMP considering DSB is divided into three components. The proposed approach can be used for the evaluation of demand-side bidding into the electricity market and the assessment of the influence of DSB on total production costs and LMPs as well as three components.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.12
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• pp.2143-2149
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• 2010

Market price and curtailment amounts of the Demand Resource Market(DRM) are determined by competition between electricity consumers. An important aspect of the DRM involves the assessment of strategic behavior of participants for maximizing their profits. This paper presents economic equilibrium models for simulating imperfect competition among electricity consumers in the DRM and analyzes the models at Nash Equilibrium of Game Theory. The proposed demand functions and supply functions of DRM are based on the Demand Resource Market Rules in Korean electricity market. Simulation results show that the models are adequate for obtaining Nash Equilibrium of consumers' competitive curtailment.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.21 no.8
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• pp.81-86
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• 2007

This paper proposes the scheme to improve the current direct load control(DLC) program by inspecting the problems of the DLC program. In order to increase the number of the customers participating DLC program, a reduction of the base incentive and an increase of the direct load control incentive are suggested based on the interruption cost of electric power considering the characteristics of load types and the introduction of demand side bidding is recommended. Secondly, the standards of power system operations is required to control DLC program efficiently for the penalty, interruption times, the number of interrupting loads, notice time for the load interruption and the periods of the DLC program contract.

• Journal of Electrical Engineering and Technology
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• v.8 no.6
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• pp.1296-1304
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• 2013

This study performed an analysis on power demand reduction effects exhibited by demand response programs, which are advanced from traditional demand-side management programs, in the smart grid environment. The target demand response systems for the analysis included incentive-based load control systems (2 month-ahead demand control system, 1~5 days ahead demand control system, and demand bidding system), which are currently implemented in Korea, and price-based demand response systems (mainly critical peak pricing system or real-time pricing system, currently not implemented, but representative demand response systems). Firstly, the status of the above systems at home and abroad was briefly examined. Next, energy saving effects and peak demand reduction effects of implementing the critical peak or real-time pricing systems, which are price-based demand response systems, and the existing incentive-based load control systems were estimated.

• Proceedings of the KIEE Conference
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• 2011.07a
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• pp.666-667
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• 2011

수요자원은 전력수급 관리에 있어 중요한 위치를 차지할 것으로 보고 있다. 특히 일본 지진과 관련하여 원전사고는 신규 발전소의 입지 난과 환경문제들을 더욱 불거지게 하였으며 전력수급문제가 공급 측면에서만 해결될 수 없으며 수요측면에서도 적극적으로 관리할 필요성이 대두되었다. 본 논문에서는 수요자원이 시장에 연계하여 활용될 수 있도록 수요시장 입찰 참여방식에 대해 검토하였다.