• Proceedings of the KIEE Conference
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• 2001.07a
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• pp.386-388
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• 2001

The change of the electricity charge from cost base to price base due to the introduction of the electricity market competition causes consumer to choose a variety of charge schemes and a portion of loads to be affected by this change. Besides, it is required the index that consolidate the price volatility experienced on the power exchange with gaming and strategic bidding by suppliers to increase profits. Therefore, in order to find a mathematical model of the sensitively-responding-to-price loads, the price-sensitive load model is needed. And the development of state-of-the-art technologies affects the electricity price, so the diffusion of high-efficient end-uses and these price affect load patterns. This paper shows the analysis on learning curves algorithms which is used to investigate the correlation of the end-uses' price and load patterns.

• Journal of the Korea Society for Simulation
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• v.13 no.2
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• pp.35-43
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• 2004

The purpose of this study is an economic analysis of power plant utilities by comparing electricity generating cost including environmental costs. Considering the enormous role of electricity in the national economy, it is very important to study the effect of environmental regulation on the electricity sector. Because power utilities need for large investment during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the important process in the electric system expansion planning. This paper compares the costs of electricity generation including environmental costs between a coal-fired power plant and an LNG combined cycle power plants. With the simulation, this study surveys the sensitivity of fuel prices, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically better in environmental regulation circumstance.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.23 no.2
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• pp.182-189
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• 2009

Nash equilibrium is usually used to investigate a generator's strategic bidding in electricity markets. Some literatures show that the transmission constraints may induce no pure strategy equilibrium and make it hard to find the equilibrium. Using an analytical approach to find a mixed strategy Nash equilibrium in electricity market with transmission constraints, we analyze the influence of transmission capacity on the mixed strategy Nash equilibrium. Finally, a simple numerical example is provided to support the claims of this paper.

• 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.

• Journal of Electrical Engineering and Technology
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• v.12 no.3
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• pp.1038-1045
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• 2017

To address mounting concerns over global warming, the Paris Agreement was reached in December 2015, which aims to limit the increase in global average temperature. South Korea has set a highly ambitious target to reduce emissions and submitted an Intended Nationally Determined Contribution (INDC). Based on the INDC, we investigated the impact of limiting carbon emissions on the power system and the electricity market in Korea. Through detailed simulations on assumed plausible scenarios, this work highlights a) the effects of different carbon emission targets on the annual carbon emission volumes, generation costs, and carbon price; b) the generation mix changes induced by carbon emission limits; and c) the difference in system marginal price and payments for generator owners that carbon emission constraint creates in electricity markets under three different pricing rules.

• Proceedings of the KIEE Conference
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• 2005.07c
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• pp.2187-2189
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• 2005

It is widely know that one of the most important tasks is the research of plasma for the purpose o nuclear fusion, is to make a stable confinement of high ${\beta}$ value plasma. And, for making the stable confinement, pinch p1-asma produced by reversed field has been mainly studied yet. Magnetic field has been used to hold plasma at high temperature for a long time. Reverse field has shown unstable process. Using ratio frequency, the author could control the instability of the process and formed a stable erversed field. Inthe experiment let a reversed field configuration from by adding-Bias field in advance.

• New & Renewable Energy
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• v.17 no.2
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• pp.1-8
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• 2021

We estimated the price range of electricity transactions under the prosumer system, considering the spread of renewable energy and the prospect of introducing a surplus power trading system between power consumers in Korea. The range (min/max) of power transaction prices was estimated by prosumers and consumers who could purchase electricity from utilities if needed. It is assumed that utilities purchased electricity from prosumers and consumers under a Time-of-Use (TOU) rate, trading at a monthly price. The range of available transaction prices according to the amount of power purchased from utilities and the amount of transaction power was also estimated. The price range that can be traded is expected to vary depending on variables such as the TOU rate, purchased and surplus power, levelized cost of electricity, etc.

• Journal of Advanced Marine Engineering and Technology
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• v.37 no.8
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• pp.977-983
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• 2013

Based on the consideration of the hourly patterns of the electricity power consumption, this study predicted the effectiveness of hybrid power generation system, which is composed with wind power generator and photovoltaic generator. And this case study is performed at Konrido, which is a affiliated island of Kyeongsangnam-do. As the results, it is obvious that it is not efficient to cover the whole electricity power consumption only with any single power generating system, because the hourly patterns of electricity power consumption, wind power generation and photovoltaic generation are quite different. And because the wind is being through almost 24 hours, it is also found out that wind power generating system with storage battery is the most efficient combination for this case study.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.2
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• pp.179-185
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• 2018

A considerable cost gap between three major power generation technologies, namely nuclear, coal, and combined cycle gas turbine (CCGT), has been a well-established fact in the Korean electricity market. Alternatively, this paper analyzes the levelized costs of electricity (LCOE) of the three technologies reflecting overall social costs of electricity generation including accident risk, $CO_2$ emission, and air pollution damage. The paper unveils to what extent current discriminative subsidies on fuels regarding the social costs, mostly through tax exemptions, affect economic competitiveness of the technologies. In particular, it finds relative positions of coal and CCGT could be altered depending on appreciation level of the social costs. It has limits in analyzing fixed costs of the technologies, however, due to limited data availability of nuclear power, and suggests further studies on the issue.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.53 no.11
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• pp.630-635
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• 2004

Generation companies(Genco) submit the supply functions as a bidding function to a bid market in a competitive electricity market. The profits of Gencos vary in accordance with the bid functions, so the selection of a bidding function plays a key role in increasing their profits. In order to get a profitable bidding function which is usually linear, it is required to modify adequately the intersection and the slope of a linear supply function. This paper presents an analysis of the selection of the supply function from the viewpoint of Nash equilibrium(NE). Four types of bidding function parameters are used for analizing the electricity market. The competition of selecting bidding parameters is modeled as two level games in this research. One is a subgame where a certain type of parameters is given and the players compete to select values of the underlying parameters. The other is an overall game where the players compete to select a profitable type among the four types of parameters. The NEs in both games are computed by an using analytic method and a payoff matrix method. It is verified in case studies for the NE of overall game to satisfy the equilibrium condition.