• Title/Summary/Keyword: Electric power industry

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Important Role of Power Exchange in Conducting Futures Market for Stabilizing Electric Power Industry in Transition

  • Yoon, Yong T.
    • KIEE International Transactions on Power Engineering
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    • v.3A no.1
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    • pp.53-60
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    • 2003
  • At present the electric power industry in Korea is going through a major restructuring process. The restructuring is motivated by a desire to reduce electricity supply costs, to attract new in-vestment in modern generation, transmission and distribution facilities, and to stimulate innovation in the wholesale production and the retail supply of electricity. The experience to date shows that restructuring of electric power industry in the US, however, is marred with a number of problematic market performances including unreasonably high prices at wholesale. This paper investigates the important role of Power Exchange for stabilizing electric power industry in transition by offering various financial products. These financial products are used for risk hedging by the market participants. The paper focuses on the risk hedging by an individual supplier and derives an explicit decision rule that incorporates the attitude towards the risks. In addition to providing the financial products for risk hedging by market participants, the Power Exchange plays another very important role of financial safeguard system. Because of its unique characteristics, the Power Exchange is well suited for financial surveillance where it performs the early detection of unsound financial (and to a large extent operational) practices on the part of any system users and protect the system integrity and the market participants from the consequences of a default in the clearing structure.

Sound Power Level of Electric Home Appliances according to Measurement Method (측정방법별 가전제품의 음향파워레벨)

  • Kang, Dae-Joon;Gu, Jin-Hoi;Lee, Jae-Won
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.19 no.4
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    • pp.335-346
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    • 2009
  • As the economy has grown and the main industry in Korea has been changed from secondary industry to tertiary industry, the importance of indoor environment has been a matter of common concern, in which one of the main concerns is to improve the indoor acoustic conditions. However, even though this is required more than before, there are no measures to protect the human being from the noise of electric home appliances. This is owing to the absence of the data about sound power level of electric home appliances. So, we investigate the sound power level of them and analyze the acoustical characteristics of each one. First, we tried to investigate the sound power measurement method of each electric home appliance. After it we test the sound power level of them. From the survey, we can know that the vacuum cleaner is the most noisy electric home appliance, and the refrigerator is the least noisy one. This results will help us predict the indoor noise level using the basic data of sound power level.

Economic Feasibility of Conversion of the Pulverized Coal Firing Boiler using Korean Anthracite into a Circulating Fluidized Bed Boiler (국내탄용 미분탄 보일러의 순환유동층 전환에 따른 경제성 평가)

  • Lee, Jong-Min;Kim, Dong-Won;Kim, Jae-Sung;Kim, Jong-Jin;Kim, Hyeng-Seok
    • 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.

A Study on an Improvement Plan of Plant-Use Electricity for New & Renewable Energy Supported by Electric Power Industry Basis Fund (기반기금 지원 신재생에너지 발전에 대한 소내소비전력 처리방안 연구)

  • Jeon, Byung-Kyu;Kim, Jae-Sung
    • 한국신재생에너지학회:학술대회논문집
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    • 2007.11a
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    • pp.678-681
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    • 2007
  • Now Korea depends upon the imported resources for about 97% of total using energy. So from October, 2001 Korean government has supported renewable energy business owners by providing them with Electric Power Industry Basis Fund. Only plant-use electricity of the small hydro power plant is exactly managed, but other renewable energy plants is unprepared or not yet managed. Therefore, in this paper, we'll analyze the plant-use electricity management of the small hydro power and propose improvement plans for plant-use electricity of the photovoltaic power plant.

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Influence Analysis of Power Grid Harmonics on Synchronous Hydro Generators

  • Qiu, Hongbo;Fan, Xiaobin;Feng, Jianqin;Yang, Cunxiang
    • Journal of Power Electronics
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    • v.18 no.5
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    • pp.1577-1584
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    • 2018
  • The content of harmonic current increases with an increase in the number of power electronic devices in power grid. When a generator is directly connected to the power grid through a step-up transformer, the influence of the harmonic currents on the generator is inevitable. To study the influences of harmonics on generators, a 24-MW bulb tubular turbine generator is taken as an example in this paper. A 2-D transient electromagnetic field model is established. Through a comparative analysis of the data of experiments and simulations, the correctness of the model is verified. The values of the air gap magnetic density, torque and losses of the generator under various conditions are calculated using the finite element method. Taking the rated condition as a reference, the influence of the harmonic currents on the magnetic flux density is analyzed. It is confirmed that the time harmonic is a key factor affecting the generator performance. At the same time, the effects of harmonic currents on the torque ripple, average torque and eddy current loss of the generator are studied, and the mechanism of the variation of the eddy current loss is also discussed.

The National Economic Effects of Four Power Generation Sectors: Using an Industrial Linkage Analysis (발전부문별 국민경제적 파급효과 분석 - 산업연관분석을 적용하여 -)

  • Kwa, Seung-Jun;Yoo, Seung-Hoon;Han, Sang-Yong
    • Environmental and Resource Economics Review
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    • v.11 no.4
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    • pp.581-608
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    • 2002
  • The electric power industry has played an important role in dramatic economic development in Korea and the electricity has constituted a critical factor sustaining the well-being of the Korean people. This study uses input-output analysis to investigate the role of four electric power sectors (hydroelectric, fossil-fuels, nuclear and non-utility) in the Korean national economy for the period 1985~1998, focusing on four topics: the impacts of electricity supply investments, the electricity supply shortage effects, and the impacts of the rise in electricity rates, and the inter-industry linkage effect. The overall results reveal that non-utility electric sector is superior in terms of the national economy-wide effects to other three sectors throughout the period. Finally, potential uses of the results are illustrated from the perspective of policy instruments and some policy implications are discussed.

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Communication Interoperability of Electric Uehicle Charging Infrastructure and Grid Network (전기차 충전 인프라와 전력망 간의 통신 상호운용성 연구)

  • Ju, Seunghwan;Lee, Ilho;Song, Sanghoon
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.14 no.1
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    • pp.15-25
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    • 2018
  • ISO/IEC 15118 is a standard for communications and services for electric vehicle charging infrastructure. Although this standard deals only with data communication between an electric vehicle and a charge station, communication with the outside is essential for establishing an authentication system for vehicle certification and V2G service for electric power transmission. In this study, it was designed to verify the information of electric car charging infrastructure in electric power system through communication link between ISO/IEC 15118 electric vehicle model and IEC 61850 standard MMS protocol. This is demonstrated in the field so that the electric vehicle communication data is linked with the micro grid management system. This could be used as an element technology in other distributed power sources as well as electric cars in the future.

Experimental Study of Vehicle Signal Change for Generator Voltage Variation (자동차 발전기 전압변동에 따른 차량 신호 변화에 대한 실험적 연구)

  • Ko, Kwang-Ho
    • Journal of the Korean Society of Industry Convergence
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    • v.21 no.5
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    • pp.235-240
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    • 2018
  • The generator of an automobile supplies electric voltage and current for various electric components. The supplied voltage can be changed by sudden variation of the electric load. The voltage was controlled by independent power supply in the study. The TPS and APS signal was changes as the voltage of the power supply. The ECU output voltage and OBD signal voltage was changed also as the variance of the power supply.