• Advances in Energy Research
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• v.5 no.1
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• pp.57-64
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• 2017

Electricity is basic need for country development. But at the present time proper planning and policy is require at high pace for power generation network extension due to the increasing population growth rate. Present study aimed to analyze the present and future demand for electricity at household level in Province of Balochistan of Pakistan via simulation modeling. Data of year 2004-2005 was used as baseline data for electricity consumption to predict future demand of electricity at both rural and urban domestic level up to subsequent 30 years, with help of LEAP software. Basically three scenarios were created to run software. One scenario was Business-As-Usual and other two were green scenarios i.e., solar and wind energy scenarios. Results predicted that by using alternative energy sources, demand for electricity will be fulfill and will also reduce burden on non-renewable energy sources due to the greater potential for solar and wind energy present in Balochistan.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.58 no.4
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• pp.708-717
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• 2009

Recently, Korea government decided to introduce RPS (Renewable Portfolio Standard) mechanism which requires electricity providers to gradually increase the amount of renewable energy sources such as wind, solar, bioenergy, and geothermal. As a consequence, it is expected that the long-term fuel mix would be changed to result in more expensive production and the increased production costs would be distributed to the rate payers via electricity tariffs. This paper presents the change in long-term fuel mix in year 2020 with the four RPS scenarios of 3%, 5%, 10% and 20%, and the methodologies for collecting the increased production costs through new tariff schedule. The studies on long-term fuel mix have been carried out with the GATE-PRO (Generation And Transmission Expansion Program) optimization package, a mixed-integer program developed by the Korea Energy Economics Institute and Hongik university. Three methodologies for distributing the production costs to the rate payers have also been demonstrated.

• Proceedings of the KIEE Conference
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• summer
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• pp.677-679
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• 2004

Although Jeju is an island, its electricity demand is 430MW. It indicates electricity demand and its growth rate in Jeju are higher than mainland average. The supply of electricity in Jeju consists of power plants within the island and connection of main system using cable line. The cost of supply is higher than mainland system. However the electricity rate and DSM incentives were treated equally with mainland. Therefore, Effective DSM promotion has not been carried out. This paper analyzes the policy alternatives of supply in Jeju and presents effective DSM countermeasures. Also it presents long-term policy on stabilization of supply and demand in Jeju.

• 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 Korean Society of Industrial and Systems Engineering
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• v.37 no.4
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• pp.63-71
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• 2014

As power consumption increases, more power utilities are required to satisfy the demand and consequently results in tremendous cost to build the utilities. Another issue in construction of power utilities to meet the peak demand is an inefficiency caused by surplus power during non-peak time. Therefore, most power company considers power demand management with time-based electricity rate policy which applies different rate over time. This paper considers an optimal machine operation problem under the time-based electricity rates. In TOC (Theory of Constraints), the production capacities of all machines are limited to one of the bottleneck machine to minimize the WIP (work in process). In the situation, other machines except the bottleneck are able to stop their operations without any throughput loss of the whole manufacturing line for saving power utility cost. To consider this problem three integer programming models are introduced. The three models include (1) line shutdown, (2) block shutdown, and (3) individual machine shutdown. We demonstrate the effectiveness of the proposed IP models through diverse experiments, by comparing with a TOC-based machine operation planning considered as a current model.

• Journal of Hydrogen and New Energy
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• v.22 no.1
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• pp.118-127
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• 2011

An IGCC was evaluated as one of the next generation technologies that would be able to substitute for coal-fired power plants. According to "The 4th Basic Plan of Long-term Electricity Supply & Demand" which is developed by the Electricity Business Acts, the first IGCC will be operated at 2015. Like other new and renewable energy such as solar PV, Fuel cell, The IGCC is considered as non-competitive generation technology because it is not maturity technology. Before the commercial operation of an IGCC in our electricity market, its economic feasibility under the Korean electricity market, which is cost-based trading system, is studied to find out institutional support system. The results of feasibility summarized that under the current electricity trading system, if the IGCC is considered like a conventional plant such as nuclear or coal-fired power plants, it will not be expected that its investment will be recouped within life-time. The reason is that the availability of an IGCC will plummet since 2016 when several nuclear and coal-fired power plants will be constructed additionally. To ensure the reasonable return on investment (NPV>0 IRR>Discount rate), the availability of IGCC should be higher than 77%. To do so, the current electricity trading system is amended that the IGCC generator must be considered as renewable generators to set up Price Setting Schedule and it should be considered as pick load generators, not Genco's coal fired-generators, in the Settlement Payment.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.19 no.10
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• pp.2396-2402
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• 2015

Air compressor, as an essential equipment used in the factory and plant operations, accounts for around 30% of the total electricity consumption in U.S.A, thereby being proposed advanced technologies to reduce electricity consumption. When the fluctuation of the compressed airflow rate is small, the system stability is increased followed by the reduction of the electricity consumption which results in the efficient design of the energy system. In the statistical analysis, the normal distribution, log normal distribution, gamma distribution or the like are generally used to identify system characteristics. However a single distribution may not fit well the data with long tail, representing sudden air flow rate especially in extremes. In this paper, authors decouple the compressed airflow rate into two parts to present a mixture of distribution function and suggest a method to reduce the electricity consumption. This reduction stems from the fact that a general pareto distribution estimates more accurate quantile value than a gaussian distribution when an airflow rate exceeds over a large number.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.24 no.10
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• pp.733-738
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• 2012

It is important issue to reduce the electric energy to save the operating cost of HVAC system. Even if electrical energy is the clean energy, it is difficult and takes high cost for storage of electricity. These cause the high peak load of electric energy for HVAC in summer season. In korea, government impose the electric charge with several grade for the purpose of cut-off the peak load of electricity. Government has a policy to support to design and install the heat/ice storage system using midnight electricity. In this study, analysis of cooling load and operating characteristics for ice storage system are performed. And, also economical efficiency is compared between ordinary charge system of electricity and midnight rate charge of electricity. The systematic and economical supports are needed for expansion of usage of energy saving equipments.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.63 no.8
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• pp.1025-1032
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• 2014

The effective energy management method will provide the significant advantage to the residential customers under real time pricing plan since it can reduce the electricity charge by controlling the energy consumption according to electricity rate. The earlier studies for load management mainly aim to minimize the electricity charges and peak power but put a less emphasis on the human comfort dwelling in the residence. The discomfort and displeasure from the energy management only focusing on reduction of electricity charge will make the residential customer reluctant to enroll the real time pricing plan. In this paper, therefore, we propose optimal load control strategy which aim to achieve not only minimizing the electricity charges but also maintaining human comfort by introducing "the human comfort coefficient." Using the human comfort coefficient, the energy management system can reflect the various human personality and control the loads within the range that the human comfort is maintained. Simulation results show that proposed load control strategy leads to significant reduction in the electricity charges and peak power in comparison with the conventional load management method.

• Proceedings of the KIEE Conference
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• 2002.11b
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• pp.375-377
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• 2002

In many parts of the world. the electricity industry is undergoing unprecedented changes. Hence, in order to reform the electricity industry readily and efficiently and minimize the confusion by these restructuring, it is required the systematic studies related to transmission pricing and transmission cost allocation issues. However, even now the basis of transmission cost allocation rate is not equipped so that the regulation body has determined the allocating rate under the common practice. In this paper it is demonstrated that the decision of transmission cost allocation rate is the regulation body's own right. For the analysis, game theory is applied to the procedure determining this rate and the competition to determine this rate between generators and distributors is modeled as the arbitration game.