• Title/Summary/Keyword: Electricity Demand Analysis

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A Comparative Analysis on the Economic Effects of the Electricity Industry of Korea and Japan (한국과 일본 전력산업의 경제적 파급효과 비교 분석)

  • Lee, Seung-Jae;Euh, Seung Seub;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.24 no.2
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    • pp.59-71
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    • 2015
  • This study attempts to examine the economic impacts of electricity industry in Korea and Japan using an inter-industry analysis. Specifically, the study analyzes and compares electricity industry between Japan and Korea through production-inducing effect and value added inducing effect of electricity industry based on demand-driven model. Moreover, this study deals with supply shortage effect and sectoral price effect by using supply-driven model and Leontief price model, respectively. This study analyses the electricity industry through exogenous approach. The results show that electricity industry induces prodution-inducing effect of 0.5946 won in other industries in Korea and 0.5446 yen in other industries in Japan. Value-added-inducing effects are 0.1716 won in other in other industries in Korea and 0.2929 yen in other industries in Japan. Supply shortage effects of electricity industry are 1.5932 won in other industries in Korea and 1.2801 yen in other industries in Japan. And sectoral price effects are 0.2113% in Korea and 0.2196% in Japan due to the price increase of 10% of electricity industry.

A Study on the Economic Analysis of LED Lightings in All-Electric Houses Using California Standard Practice Test (캘리포니아 테스트를 이용한 전기에너지주택 LED조명의 경제성 분석에 관한 연구)

  • Hwang, Sung-Wook;Lee, Hyun-Ju;Nah, Hwan-Seon;Kim, Jung-Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.25 no.8
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    • pp.1-7
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    • 2011
  • Recently, all-electric house technology became one of the green growth technologies and is integrated with various areas such as electricity, machinery, architecture, material, and etc. Fossil fuel energy is used for heating and hot water supply in the conventional houses but electricity is adopted in the new conceptual houses to maximize advantages of electricity such as amenity, safety, cleanness, and so on. In this paper, an economic analysis is carried out when LED lightings are adopted using the California Standard Practice Test which has been used to estimate the effects of existing DSM (Demand Side Management) programs. The results are able to contribute to the diffusion of all-electric houses and the establishment of basic data and planning for DSM policies.

Modeling of an Electricity Market Including Operating Reserve and Analysis of Supplier's Bidding Strategies

  • Shin Jae-Hong;Lee Kwang-Ho
    • KIEE International Transactions on Power Engineering
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    • v.5A no.4
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    • pp.396-402
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    • 2005
  • In an electricity market with imperfect competition, participants devise bidding plans and transaction strategies to maximize their own profits. The market price and the quantity are concerned with the operation reserve as well as the bidding system and demand curves in an electricity market. This paper presents a market model combined by an energy market and an operating reserve market. The competition of the generation producers in the combined market is formulated as a gaming of selecting bid parameters such as intersections and slopes in bid functions. The Nash Equilibrium (NE) is analyzed by using bi-level optimization; maximization of Social Welfare (SW) and maximization of the producers' profits.

Prediction of Electricity Sales by Time Series Modelling (시계열모형에 의한 전력판매량 예측)

  • Son, Young Sook
    • The Korean Journal of Applied Statistics
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    • v.27 no.3
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    • pp.419-430
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    • 2014
  • An accurate prediction of electricity supply and demand is important for daily life, industrial activities, and national management. In this paper electricity sales is predicted by time series modelling. Real data analysis shows the transfer function model with cooling and heating days as an input time series and a pulse function as an intervention variable outperforms other time series models for the root mean square error and the mean absolute percentage error.

Analysis of Electricity Use of Commercial Buildings by End-Use (업무용 건물의 End-Use 전력 사용실태 분석)

  • Park, Jong-Jin;Rhee, Chang-Ho
    • Proceedings of the KIEE Conference
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    • 1998.07c
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    • pp.1150-1152
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    • 1998
  • Recently, our electric industry confronts a structural change and high competiveness environment in the course of deregulation. Rapid growth in electricity demand, financial need for new power plant construction, and envionmental problems have led to search for more efficient energy production and energy conservation techmologies. Especially, residential and commercial buildings consumes 40% of electricity demands and building energies are increasing more and more in Korea. The purpose of this paper is to analyze the electricity use of commercial buildings by end-use. Also, we will use it as a basic informations of DSM potential evaluation and evaluation process based on different approach by sector and type of potential.

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Economic Evaluation of Transmission Expansion for Investment Incentives in a Competitive Electricity Market

  • Fischer, Robert;Joo, Sung-Kwan
    • International Journal of Control, Automation, and Systems
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    • v.6 no.5
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    • pp.627-638
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    • 2008
  • With the shift of the electric power industry from a regulated monopoly structure to a competitive market environment, the focus of the transmission expansion planning has been moving from reliability-driven transmission expansion to market-based transmission expansion. In market-based transmission expansion, however, a growing demand for electricity, an increasing number of transmission bottlenecks, and the falling levels of transmission investment have created the need for an incentive to motivate investors. The expectation of profit serves as a motivational factor for market participants to invest in transmission expansion in a competitive market. To promote investment in transmission expansion, there is an increasing need for a systematic method to examine transmission expansion for investment incentives from multiple perspectives. In this paper, the transmission expansion problem in a competitive market environment is formulated from ISO and investors' perspectives. The proposed method uses parametric analysis to analyze benefits for investors to identify the most profitable location and amount for transmission addition. Numerical results are presented to demonstrate the effectiveness of the proposed method.

The Technology of Peak Demand Reduction using Automatic Water Tank Pumping System on the Apartment And Analysis of Effect of Energy Cost (아파트 고가수조 자동급수장치를 이용한 전력피크 감소 및 전력시장에서의 효과 분석)

  • Lee, Jae-Gul;Lee, Yun-Kyoung;Cho, Won-Woo
    • Proceedings of the KIEE Conference
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    • 2006.11a
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    • pp.161-163
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    • 2006
  • This paper introduce the technology of peak demand reduction using automatic water tank pumping system on the apartment. That systems on the apartments installed water tank can control pumping(electricity) demand. Generally, system peak demand is occurred at the same time on workday and many water pumps consume electric power randomly. At this point, shift of operating time of water pump can reduce peak demand using automatic water tank pumping system. We were operating this system on some apartments for test of effect of peak demand reduction. and we represent result of demand shift. This result suggests that spread of the automatic water pumping system can contribute to reduce system peak demand and reduce system operation cost.

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A Development Of The Window-Based Load Management System Package In A Competitive Electricity Market (경쟁적 전력시장의 윈도우 기반 부하관리 시스템 패키지 개발)

  • Chung, Koo-Hyung;Kim, Jin-Ho;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2002.07a
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    • pp.441-443
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    • 2002
  • This paper presents a window-based load management system (LMS) package developed as a decision-making tool in the competitive electricity market. The presented LMS package can help the users to monitor system load patterns, analyze their past energy consumption and schedule the future energy consumption. The LMS package can also provide the effective information on real-time energy/cost monitoring, consumed energy/cost analysis, demand schedule and cost-savings. The developed LMS package can be used to establish the optimal demand schedule and consumption strategy.

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Calculating the Optimal Capacity of Battery Storage System for Power System in Je-Ju (제주지역 전력계통에 설치되는 배터리 저장장치의 최적용량 산정)

  • Lee, Jong-Hyun;Nam, Young-Woo;Ko, Won-Suk
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.24 no.8
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    • pp.8-14
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    • 2010
  • In this Paper, optimal capacity of battery storage in Je-Ju is calculated. First, Electricity demand data of Je-Ju('06~'16) is estimated based on real electricity demand data of Je-Ju('06~'07). Then, the 4th power supply planning is used to calculate benefits from battery storage capacity in view of maximum power savings, preventing outages savings and energy charge fee reduction. Finally, optimal battery storage capacity is suggested.

An examination on proper voltage operation standard for 154kV power system through demand analysis (수요분석을 통한 154kV 계통전압 유지기준 설정)

  • Lee, Ik-Jong;Lee, Sang-Joong
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2009.05a
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    • pp.428-431
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    • 2009
  • KPX sets up the voltage standards according to the voltage level to supply a good quality of electricity to customers. Supply voltages are divided into 4 levels - 345kV, 154kV, 22.9kV, and distribution voltage consisting of 110, 220 and 380V. In this research, we examine the optimal voltage operating level focused on 154kV system that mostly affects electricity quality, through analysing the system demand.

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