• Title/Summary/Keyword: Electricity IT

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Forecasting Day-ahead Electricity Price Using a Hybrid Improved Approach

  • Hu, Jian-Ming;Wang, Jian-Zhou
    • Journal of Electrical Engineering and Technology
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    • v.12 no.6
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    • pp.2166-2176
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    • 2017
  • Electricity price prediction plays a crucial part in making the schedule and managing the risk to the competitive electricity market participants. However, it is a difficult and challenging task owing to the characteristics of the nonlinearity, non-stationarity and uncertainty of the price series. This study proposes a hybrid improved strategy which incorporates data preprocessor components and a forecasting engine component to enhance the forecasting accuracy of the electricity price. In the developed forecasting procedure, the Seasonal Adjustment (SA) method and the Ensemble Empirical Mode Decomposition (EEMD) technique are synthesized as the data preprocessing component; the Coupled Simulated Annealing (CSA) optimization method and the Least Square Support Vector Regression (LSSVR) algorithm construct the prediction engine. The proposed hybrid approach is verified with electricity price data sampled from the power market of New South Wales in Australia. The simulation outcome manifests that the proposed hybrid approach obtains the observable improvement in the forecasting accuracy compared with other approaches, which suggests that the proposed combinational approach occupies preferable predication ability and enough precision.

Probabilistic Generation Modeling in Electricity Markets Considering Generator Maintenance Outage (전력시장의 발전기 보수계획을 고려한 확률적 발전 모델링)

  • Kim Jin-Ho;Park Jong-Bae
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.54 no.8
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    • pp.418-428
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    • 2005
  • In this paper, a new probabilistic generation modeling method which can address the characteristics of changed electricity industry is proposed. The major contribution of this paper can be captured in the development of a probabilistic generation modeling considering generator maintenance outage and in the classification of market demand into multiple demand clusters for the applications to electricity markets. Conventional forced outage rates of generators are conceptually combined with maintenance outage of generators and, consequently, effective outage rates of generators are newly defined in order to properly address the probabilistic characteristic of generation in electricity markets. Then, original market demands are classified into several distinct demand clusters, which are defined by the effective outage rates of generators and by the inherent characteristic of the original demand. We have found that generators have different effective outage rates values at each classified demand cluster, depending on the market situation. From this, therefore, it can be seen that electricity markets can also be classified into several groups which show similar patterns and that the fundamental characteristics of power systems can be more efficiently analyzed in electricity markets perspectives, for this classification can be widely applicable to other technical problems in power systems such as generation scheduling, power flow analysis, price forecasts, and so on.

Analysis on Electric Shock Current in DC Electricity (직류환경에서 인체에 흐르는 감전전류 분석)

  • Lee, Jin-Sung;Kim, Hyosung
    • The Transactions of the Korean Institute of Power Electronics
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    • v.21 no.3
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    • pp.254-259
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    • 2016
  • Recently, DC distribution systems have become a hot issue because of the increase in digital loads and DC generation systems according to the expansion of renewable energy technologies. To obtain the practical usage of DC electricity, safety should be guaranteed. The main concerns for safety are twofold: one side is human protection against electric shocks, and the other is facility protection from short faults. "Effects of current on human beings and livestock" (IEC 60479) defines a human body impedance model in electric shock conditions that consists of resistive components and capacitive components. Although the human body impedance model properly works in AC electricity, it does not well match with the electric shock behavior in DC electricity. In this study, the contradiction of the human body impedance model defined by IEC 60479 in case of DC electricity is shown through experiments for the human body. From the analysis of experimental results, a novel unified human body impedance model in electric shock conditions is proposed. This model consists of resistive components, capacitive components, and an inductance component. The proposed human impedance model matches well for AC and DC electricity environments in simulation and experiment.

Profit-based Thermal Unit Maintenance Scheduling under Price Volatility by Reactive Tabu Search

  • Sugimoto Junjiro;Yokoyama Ryuichi
    • KIEE International Transactions on Power Engineering
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    • v.5A no.4
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    • pp.331-338
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    • 2005
  • In this paper, an improved maintenance scheduling approach suitable for the competitive environment is proposed by taking account of profits and costs of generation companies and the formulated combinatorial optimization problem is solved by using Reactive Tabu search (RTS). In competitive power markets, electricity prices are determined by the balance between demand and supply through electric power exchanges or by bilateral contracts. Therefore, in decision makings, it is essential for system operation planners and market participants to take the volatility of electricity price into consideration. In the proposed maintenance scheduling approach, firstly, electricity prices over the targeted period are forecasted based on Artificial Neural Network (ANN) and also a newly proposed aggregated bidding curve. Secondary, the maintenance scheduling is formulated as a combinatorial optimization problem with a novel objective function by which the most profitable maintenance schedule would be attained. As an objective function, Opportunity Loss by Maintenance (OLM) is adopted to maximize the profit of generation companies (GENCOS). Thirdly, the combinatorial optimization maintenance scheduling problem is solved by using Reactive Tabu Search in the light of the objective functions and forecasted electricity prices. Finally, the proposed maintenance scheduling is applied to a practical test power system to verify the advantages and practicability of the proposed method.

Economic Load Dispatch Considering Power System Reliability under the Deregulated Electricity Market (규제완화된 전력시장 하에서의 전력계통 신뢰도를 고려한 경제부하배분)

  • Kim, Hong-Sik;Lim, Chae-Hyeun;Choi, Jae-Seok;Cha, Jun-Min;Rho, Dae-Seok
    • Proceedings of the KIEE Conference
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    • 2000.07a
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    • pp.391-393
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    • 2000
  • This paper presents an new algorithm for the economic load dispatch considering the reliability level constraints of composite power system under deregulated electricity market. It is the traditional ELD problem that generation powers have been dispatched In order to minimize total fuel cost subjected to constraints which sum of powers generated must equal the received load and no violating lower and upper limit constraints on generation. Under deregulated electricity market, however, generation powers of a pool have to be reallocated newly in order to satisfy the reliability differentiated level required at a load point because of a reliability differentiated electricity service which is a part of the priority service. In this study, new economic load dispatch algorithm for reallocating the generation powers of a pool in order to satisfy the reliability differentiated level under deregulated competitive electricity market is proposed. The uncertainties of not only generators but also transmission lines are considered fer the reliability evaluation. The characteristics and effectiveness of this methodology are illustrated by the case studies on MRBTS and IEEE-RTS.

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Security Constrained Optimal Power Flow Incorporating Load Curtailment Schedule (부하차단량을 고려한 상정사고 절약 최적조류계산 알고리즘 개발)

  • Chung, Koo-Hyung;Kang, Dong-Joo;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.801-803
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    • 2005
  • Fundamentally, success of the competitive electricity market is dependent on efficient market design. However, since electricity incorporates various physical constraints as other commodities, the resource assignment (i.e., dispatch scheduling) is also one of requisites for the successful operation of electricity market. Therefore, efficient dispatch scheduling is an important issue to succeed in the deregulated electricity market and the efficiency of this electricity market may be considerably increased by systematic studies on dispatch scheduling algorithm and corresponding constraints, especially system security. Moreover, contrary to traditional vertically-integrated electric power industry condition, since various decision-makings in deregulated electricity market are directly connected with market participants' benefits, only rational dispatch scheduling algorithm can convince these participants. Therefore, it can provide a basis of grievance prevention. In this paper, we propose an algorithm for security constrained dispatch scheduling with respect to load curtailment. Proposed algorithm decomposes the dispatch problem into a master problem corresponding to basecase optimal power flow (OPF) and several subproblems corresponding a series of contingencies using two-stage optimization technique.

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Study on Energy Independence Plan for Sewage Treatment Plant (하수처리시설의 에너지 자립화 방안 연구)

  • Kim, Young-Jun;Lee, Jong-Yeon;Kang, Yong-Tae
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.22 no.1
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    • pp.49-55
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    • 2010
  • The objectives of this study are to analyze the energy independence plan and to propose a suitable sewage treatment plant in Korea. The total amount of electricity consumption for public sewage treatment plant was estimated as 1,812 GWh in 2007. It was estimated that total 16 sewage treatment plants with renewable energy systems produced electricity of 15 GWh per year, which could replace 0.8% of total electricity used for sewage treatment. It was found that domestic sewage treatment plants with power generation plants by digestion gas were installed in 7 places and produced electricity of 13 GWh per year. It was also found that the power generation plants by digestion gas were the most cost-effective for sewage treatment plant out of the renewable energy systems based on the benefit-cost analysis.

Development of a Air-jet Water Sprayer for Dust Generation Control in the Production Sites of Gloves Making Plants (장갑공장의 분진발생 억제를 위한 에어젯 노즐의 개발)

  • Kim, Jin-Hyun;Choi, Hyun-kuk;Kim, Ki-Dong
    • Journal of the Korean Society of Industry Convergence
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    • v.12 no.2
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    • pp.69-78
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    • 2009
  • Dust in the fabric production sites is increased by the static electricity in air which is generated in the manufacturing process. The static electricity is shown in inverse proportion to humidity of the production sites. The optimum humidity rate for the filament in the production process has been established as 65~75%. Where as, average humidity rate of production site is estimated as 40%. Therefore, it is necessary to raise the humidity rate by 30% to maintain appropriate humidity to control generation of static electricity and dust in the production sites. In this study, a new air-jet water sprayer was developed and it can produce $10{\mu}m$ sprayed particles. When the air-jet water sprayer was operated on the production site dust generation rate was shown far below the environmental standard. It is assumed that when the air jet sprayers was applied to 1,000 fabric machines of 5 gloves making plants, its productivity and rates of operation will be improved by value of about 2.5 billion Won a year.

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Market Power in the Korea Wholesale Electricity Market (우리나라 전력시장에서의 시장지배력 행사)

  • Kim, Hyun-Shil;Ahn, Nam-Sung
    • Korean System Dynamics Review
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    • v.6 no.1
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    • pp.99-123
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    • 2005
  • Although the generation market is competitive, the power market is easily exercised the market power by one generator due to its special futures such as a limited supplier, large investment cost, transmission constraints and loss. Specially, as Korea Electric industry restructuring is similar US competitive wholesale electricity market structure which discovered the several evidences of market power abuse, when restructuring is completed the possibility that market power will be exercised is big. Market power interferes with market competitions and efficiency of system. The goal of this study is to investigate the market price effects of the potential market power and the proposed market power mitigation strategy in Korean market using the forecasting wholesale electricity market model. This modeling is developed based on the system dynamics approach. it can analyze the dynamic behaviors of wholesale prices in Korean market. And then it is expanded to include the effect of market condition changed by 'strategic behavior' and 'real time pricing.' This model can generate the overall insights regarding the dynamic impact of output withholding by old gas fire power plant bon as a marginal plant in Korean market at the macro level. Also it will give the energy planner the opportunity to create different scenarios for the future for deregulated wholesales market in Korea.

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An Analysis on Characteristics and the Development of Estimation Model of Internal Heat Gain from Appliances in Apartment Units (공동주택 단위세대의 기기발열 특성 분석 및 추정모델 개발)

  • Lee, Soo-Jin;Jin, Hye-Sun;Kim, Sung-Im;Lim, Han-Young;Lim, Jae-Han;Song, Seung-Yeong
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.34 no.10
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    • pp.19-26
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    • 2018
  • The purpose of this study was to analyze characteristics and to develop estimation model of IHG(Internal Heat Gain) from appliance in domestic apartment units. To do this, it was defined the source of IHG from appliance and the calculation method through the case study of international and domestic codes. And the equipment related datum such possession, usage or not, etc were collected through field survey in apartment units, and the appliances' electricity consumption were measured separately from overall electricity consumption. Annual electricity consumption value were calculated with field survey datum and appliances' electricity consumption measurement datum, and then IHG value was calculated by applying PHPP v9 method. And it was conducted correlation analysis between IHG value and the area for exclusive use, the number of occupants, and then the IHG from applianace estimation model was deducted with regression analysis. Finally, it was analyzed the present level and of the domestic code(The Building Energy Efficiency Rating System) comparing with the value of estimation model, and the various international codes(HERS, Building America, SAP).