• Advances in Energy Research
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• 제2권1호
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• pp.47-59
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• 2014

Back-to-back STATCOM configuration is an extension of STATCOM in which the reactive power at two-sides and the real power flow through the DC link can be controlled concurrently and independently. This flexible operation brings many advantages to the micro-grids, distributed generation based systems, and deregulated power systems. In this paper, the dynamic control characteristics of the back-to-back STATCOM is investigated by simulating the detailed converter-level model of the converters in PSCAD. Various case studies in a single-machine test system are studied to present that the real power control feature of the BtB-STATCOM, even with a simple controller design, can enhance the transient stability of the machine under different fault scenarios.

• 대한전기학회논문지:전력기술부문A
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• 제55권3호
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• pp.123-127
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• 2006

The recent movement to deregulated and competitive electricity market requires new concepts in applying dispatch algorithms to system operation and planning. As power systems tend to be operated more closely to their ultimate ratings, the role of Contingency Constrained Optimal Power Flow is changed and the importance for security enhancement will be more increased in the new and competitive electricity market. This paper presents a contingency constrained optimal power flow (CCOPF) algorithm. The proposed algorithm maintains the nodal voltage levels and transmission line's power flow within the specified limits before and after a contingency. A case study demonstrates the proposed algorithm with the IEEE-14RTS under N-1 contingency criterion.

• KIEE International Transactions on Power Engineering
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• 제3A권1호
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• pp.42-46
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• 2003

The economic operation of a utility in a deregulated environment brings about optimization problems different from those in vertically integrated one［1］. While each utility operates its own generation capacity to maximize profit, the market operator (or system operator) manages and allocates all the system resources and facilities to achieve the maximum social welfare. This paper presents a sequential application of non-cooperative and cooperative game theories in analyzing the entire power transaction process.

• 전기학회논문지
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• 제60권5호
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• pp.929-935
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• 2011

Customers hardly change to electric prices in old days because electricity is essential commodity, while demand changes with price after deregulation. It's explained by price-based demand response with demand-elasticity matrix. Also all of the customers have had identical demand-price elasticity matrix till now. But in a practical power system, various customers are present with taking a variety of demand-price elasticity. Therefore this paper proposes demand-price sensitivity to represent different demand-price elasticity. Also as proposing demand-reliability sensitivity, it is modeling various customers' characteristics to reliability. And then this paper calculates total expected interruption cost of customer from the customer interruption cost and the demand-reliability sensitivity. A total expected interruption cost of system is shown as opportunity cost of a generation cost.

• 한국조명전기설비학회:학술대회논문집
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• 한국조명전기설비학회 2005년도 춘계학술대회논문집
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• pp.378-384
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• 2005

This paper presents the prospects of today's situation of Korea Electric Power Industry and future's development direction at the sudden chin international environment Several paradigm,-Deregulated electric market Energy shortage, Green house effect due to $CO_2$, TBT(Technical Barrier to Trade), Digital society-will facilitate the glove to develope new technology based Power Industry. With respect to this change, Korea Power Industry needs to find new technology solutions for the smarter operation, higher efficiency and lower carbon consuming power system based on mid-long term plan.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2006년도 제37회 하계학술대회 논문집 A
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• pp.331-332
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• 2006

This paper proposes the fuel cell power plants as alternative energy sources for distributed generation in Jeju Island, Korea. This will help to increase the fuel efficiency, at least double the current thermal power plants, decrease environmental pollution, virtually to none, increase the reliability of power supply, reducing the dependency of the HVDC link, and provide quality power to the growing infrastructure in meeting the requirements for the free-trade international island.

• Journal of Electrical Engineering and Technology
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• 제5권2호
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• pp.239-245
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• 2010

Today, as power trades between generators and loads are liberalized, the uncertainty level of power systems is rapidly increasing. Therefore, transmission operators are required to incorporate these uncertainties when establishing an investment plan for effective operation of transmission facilities. This paper proposes the methodology for an optimal solution of transmission expansion plans for the long-term in a deregulated power system. The proposed model uses the probabilistic cost of transmission congestion for various scenarios and the annual increasing rates of loads. The locations and the installation times of expanded transmissions lines with minimum cost are acquired by the model. To minimize the investment risk, the Mean-Variance Markowitz portfolio theory is applied to the model. In a case study, the optimal solution of a transmission expansion plan is obtained considering the uncertain power market.

• Journal of Electrical Engineering and Technology
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• 제4권3호
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• pp.346-352
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• 2009

The eventual goal of this paper is to help the generating companies and load-serving entities to choose appropriate relative levels of interconnected system versus bilateral trades while considering risk, and economic performance. In competitive power markets, electricity prices are determined by balance between demand and supply in electric power exchanges or bilateral contracts. The problem formulation is bilateral contract incorporated into Multi-area unit commitment with import/export and tie-line constraints. This proposed method considers maximizing own profit or minimize the operating cost among the generating companies in multi-area system. The feasibility of the proposed algorithm has been demonstrated using IEEE system with four areas and experimental results shows that proposed method is reliable, fast and computationally efficient

• 대한전기학회:학술대회논문집
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• 대한전기학회 2005년도 추계학술대회 논문집 전력기술부문
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• pp.237-239
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• 2005

The importance and necessity conducting studies on grid reliability evaluation have been increasingly important in recent years due to the number of black-out events occurring through in the world. Quantity evaluation of transmission system reliability is very important in a competitive electricity environment. The reason is that the successful operation of electric power under a deregulated electricity market depends on transmission system reliability management. Also in Korea it takes places. This paper presents the probabilistic reliability evaluation for 765KV transmission lines of KEPCO grid expansion planning. The Transmission Reliability Evaluation for large-Scale Systems (TRElSS) Version 6.2, a software package developed by Electric Power Research Institute (EPRI) is utilized in determining the improved probabilistic reliability indices of (KEPCO) system.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2002년도 하계학술대회 논문집 A
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• pp.380-382
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• 2002

An important aspect of the study of power system markets involves the assessment of strategic behavior of participants for maximizing their profits. In models of imperfect competition of a deregulated electricity system the key task is to find the Nash equilibrium. In this paper, the bimatrix approach for finding Nash equilibria in electricity markets is investigated. This approach determines pure and mixed equilibria using the complementarity pivot algorithm. The mixed equilibrium in the matrix approach has the equal number of non-zero property. This property makes it difficult to reproduce a smooth continuous distribution for the mixed equilibrium. This paper proposes an algorithm for adjusting the quantization value of discretization to reconstruct a continuous distribution from a discrete one.