• Korean System Dynamics Review
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• v.4 no.1
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• pp.33-53
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• 2003

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. Because the nst of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• IE interfaces
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• v.17 no.3
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• pp.269-281
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• 2004

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• Korean System Dynamics Review
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• v.4 no.2
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• pp.153-171
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• 2003

In this study, we tried to build a model which can deal with the efficient and effective operation of electric power industry, especially focused on the nuclear industry. Here, SD(system Dynamics) approach is used to visualize the underlying phenomenon of the nuclear power industry. SD is a methodology for studying and managing complex feedback systems, such as one finds in business and other social systems, The span of SD applications has grown extensively and now encompasses work in corporate planning and policy design, public management and policy, biological and medical modeling, energy and the environment. Recently, according to the report from KEPCO(Korea Electric Power Corporation), they are considering delaying a new power plant construction. It may be based upon business fluctuation downsized from Korean economic crisis in 1997 and freezing of construction funds due to unstable foreign exchange rate. At this point, we need desperately a kind of strategic model that would contribute to cope with the current business situation, energy generation, Production, and resulting Pollution. Specifically, this model, using SD approach, starts with the detailed drawing of influence diagram, which describes those relevant key points on nuclear power generation systems in electric power industry of Korea. These include such (actors as the operation of nuclear industry and parameters related to the decision making for business policy. Based upon the above-mentioned influence diagram drawn, we developed SD simulation model to evaluate and analyze strategic management of KBPCO. Based on our analysis, we could demonstrate how simulation model can be applied to the real electric power generation in Korea.

• Journal of the Korean Operations Research and Management Science Society
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• v.26 no.2
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• pp.99-109
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• 2001

In this study, we tried to build a model which can deal with the efficient and effective operation of electric power industry, especially focused on the nuclear industry. Here, SD (System Dynamics) approach is used to visualize the underlying phenomenon of the nuclear power industry. SD is a methodology for studying and managing complex feedback systems, such as one finds in business and other social systems. The spend of SD applications has grown extensively and now encompasses work in corporate planning and policy design, public management and policy, biological and medical modeling, energy and the environment. Recently, according to the report from KEPCO (Korea Electric Power Corporation), they are considering delaying a new power plant construction. It may be based upon business fluctuation downsized from Korean economic crisis in 1997 and freezing of construction funds due to unstable foreign exchange rate. At this point, we need disparately a kind of strategic model that would contribute to cope with the current business situation, energy generation, production, and resulting pollution. Specifically, this model, using SD approach, starts with the detailed drawing of influence diagram, which describes those relevant key points on nuclear power generation systems in electric power industry of Korea. These include such factors as the operation of nuclear industry and parameters related to the decision making for business policy. Based upon the above-mentioned influence diagram drawn, we developed SD simulation model to evaluate and analyze strategic management of KEPCO. Based on our analysis, we could demonstrate how simulation model can be applied to the real electric power generation in Korea.

• Proceedings of the Korean System Dynamics Society
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• 2003.08a
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• pp.49-81
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• 2003

It is one of the important problems how to maintain the optimal electric power generation mix. The Objective of this study is development of a computer model which can be used to forecast the investment of power generation unit by the plant owners after restructuring the electricity industry. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• Korean Chemical Engineering Research
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• v.44 no.5
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• pp.489-497
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• 2006

The economical efficiency of conversion of the PC (pulverized coal) firing boiler to the CFB (circulating fluidized bed) boiler which used Koran anthracite as fuel was evaluated. The economic feasibility study was also carried out with regard to maintenance of the existing PC boiler. The sensitivity of economical efficiency with variation of the electric power and coal industry and the policy of government was analyzed and compared. As a results of the evaluation, the economical efficiency of maintenance of the existing PC boiler was higher than that of conversion to the CFB boiler because of the special policy of the government for Korean anthracite. However, the conversion to the CFB boiler was more economically attractive from a point of view of effective use of energy resources and future electric power industry. Additionally, the fund support for electric power industry using Korean anthracite would be effective as changing the policy of the government.

• Current Photovoltaic Research
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• v.6 no.4
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• pp.124-132
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• 2018

The Korean electric power supply plan was prepared by greatly enhancing the environmental and safety with considering the economical efficiency of the electric equipment, the impact on the environment and the public safety. As a result, the fossil energy-based power generation sector is accelerating the paradigm shift to eco-friendly energy such as solar power and wind. Also the solar power industry is expected to grow into a super large-sized industry by converging the energy storage and electric vehicle industry. Generally, a levelized cost of electricity (LCOE) is used to calculate the power generation cost for different generation power generation efficiency, operating cost, and life span. In this paper, we have studied the future research and development direction of photovoltaic technology development for the era of massive utilization of photovoltaic solar power, and have studied the LCOE of major countries including China, USA, Germany, Japan and Korea. Finally we have reviewed USA and Japan research programs to reduce the LCOE.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.55 no.4
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• pp.139-143
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• 2006

Recently, standard of living improved and Information-Communication industry developed rapidly. Thereby, interest about electric power quality is rising worldwide. So, research and Development to enhance electric power quality in various viewpoint until most suitable supply system from each kind device to improve electric power quality. And specially, interest about voltage quality is rising by diffusion increase of information communication appliance and minuteness control appliance etc. Also Power consumption is increasing, but expansion of large size generator by environmental and site security problem is difficult. So, introduction of distribution generation is investigated actively by electric-power industry reorganization. Voltage management of power system had been controlled by ULTC (Under Load Tap Changer) in substation and pole transformer on the high voltage distribution line. But, voltage control device on substation and distribution line is applied each other separatively. Therefore, efficiency of line voltage control equipment is dropping. Also, research about introduction upper limit of distribution generation is consisting continuously. This paper presents cooperation use way between voltage control device and introduction upper limit of distribution generation for most suitable voltage control in distribution power system.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.58 no.7
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• pp.1304-1312
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• 2009

The purpose of this study is to build promotive measures and to develop alternative policies of DG(Distributed Generation) by finding and analysing effects of four business environment factors related to DEPB(District Electricity Power Business) on boosting DG. In this study, four business environment factors, which are the electric power industry restructuring, electricity tariff and pricing structure, regulations for DEPB, and conflicts of stake-holding groups, are considered as independent variables. And promotion factors of DG including small CHP(Combined Heat and Power) generation, which is outcome of DEPB, are considered as dependent variables. But dependent variables including booming of new renewable energy generation due to green energy pricing incentives, the electric power industry restructuring, and electricity tariff and pricing policies were separatively considered. In this study, some policies were proposed reflecting research results of empirical demonstrative analysis, previous studies, overseas cases, etc.

• Proceedings of the SAREK Conference
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• 2004.06a
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• pp.172-172
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• 2004