• Title/Summary/Keyword: Electricity Rate

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An Economic Analysis of a Low-Voltage Residential Electricity Consumer at a Detached House When Renting a Photovoltaic Generator (단독주택 저압 주택용 전기 소비자가 태양광 발전기 대여시 경제성 분석)

  • Kim, Tae-Hyun
    • Journal of IKEEE
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    • v.23 no.2
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    • pp.687-694
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    • 2019
  • Residential electricity consumer can rent a photovoltaic power generator, whose profit can be exist if the decreased electric fee is larger than the rent fee. But the exact function of the profit have not expressed until now, which is shown in this paper. Two assumptions are supposed. The first assumption is that the generated electric power by the renting photovoltaic generator is 300kWh per month. The second assumption is that the rent fee 362300 won is paid once when the photovoltaic generator is installed. The earings rate, the payback time and the sensitivity of a low-voltage residential electricity consumer's profit consuming 401~1000kWh per month at a detached house for the initial 7 years is calculated by the induced exact function.

A Study on the Improvement of Subsidy Program for CHP Plant Connected with Capital Region District Heating System (수도권 지역난방연계 열병합발전소의 기반기금 지원과 개선방안)

  • 김창수;이창호
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.2
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    • pp.97-103
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    • 2004
  • CHP system supplies electricity and heating together with high efficiency. Current utility's CHP system uses electric power by itself and sells thermal energy to KDHC(Korea District Heating Corporation). CHP's operation cost except sales revenue of heating was covered by the sale revenue of electricity. Thus Electric generation cost in district Heating CHP system has close relationship with the level of heating price. However, after the restructuring of electricity industry, the operation cost could not be covered by sales revenue of heating and electricity. This loss was compensated by energy subsidy program in the electric power industry infrastructure fund. This paper suggests reasonable evaluation and improvement methods of the loss calculation of CHP system utilizing the infrastructure fund efficiency In terms of the direction of support by the fund, it provides the methods to prevent inefficient operation through setting up the upper limit of subsidy and to improve the loss calculation. Moreover, it suggest fixed rate support by heating supply level and reducing subsidy gradually for an efficient operation of CHP system.

An Empirical Study on the Operation of Cogeneration Generators for Heat Trading in Industrial Complexes

  • Kim, Jaehyun;Kim, Taehyoung;Park, Youngsu;Ham, Kyung Sun
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.3
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    • pp.29-39
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    • 2019
  • In this study, we introduce a model that satisfies energy efficiency and economical efficiency by introducing and demonstrating cogeneration generators in industrial complexes using various actual data collected at the site. The proposed model is composed of three scenarios, ie, full - time operation, scenario operated according to demand, and a fusion type. In this study, the power generation profit and surplus thermal energy are measured according to the operation of the generator, and the thermal energy is traded according to the demand of the customer to calculate the profit and loss including the heat and evaluate the economic efficiency. As a result of the study, it is relatively profitable to reduce the generation of the generator under the condition that the electricity rate is low and the gas rate is high, while the basic charge is not increased. On the contrary, if the electricity rate is high and the gas rate is low, The more you start up, the more profit you can see. These results show that even a cogeneration power plant with a low economic efficiency due to a low "spark spread" has sufficient economic value if it can sell more than a certain amount of heat energy from a nearby customer and adjust the applied power through peak management.

A Study on the Performance Prediction for Small Hydro Power Plants (소수력발전소의 성능예측)

  • Park, Wan-Soon;Lee, Chul-Hyung
    • 한국신재생에너지학회:학술대회논문집
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    • 2005.06a
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    • pp.448-451
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    • 2005
  • This paper presents the methodology to analyze flow duration characteristics and performance prediction for small hydro power(SHP) plants and its application. The flow duration curvecan be decided by using monthly rainfall data at the most of the SHP sites with no useful hydrological data. It was proved that the monthly rainfall data can be characterized by using the cumulative density function of Weibull distribution and Thiessen method were adopted to decide flow duration curve at SHP plants. And, the performance prediction has been studied and development. One SHP plant was selected and performance characteristics was analyzed by using the developed technique. Primary design specfications such as design flowrate, plant capacity, operational rate and annual electricity production for the SHP plant were estimated. It was found that the methodology developed in this study can be a useful tool to predict the performance of SHP plants and candidate sites in Korea.

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Assessment of Reliability in the Distribution System of an Industrial Complex

  • Choi, Sang-Bong
    • Journal of Electrical Engineering and Technology
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    • v.2 no.2
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    • pp.201-207
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    • 2007
  • As the power industry moves towards open competition, there has been a need for methodology to evaluate distribution power system reliability by using customer interruption costs, particularly in power supply zones under the competitive electricity market. This paper presents an algorithm to evaluate system average interruption duration index, expected energy not supplied, and system outage cost taking into consideration failure rate of the distribution facility and industrial customer interruption cost. Also, to apply this algorithm to evaluate system outage cost presented in this paper, the distribution arrangement of a dual supply system consisting of mostly high voltage customers in an industrial complex in Korea is used as a sample case study. Finally, evaluation results of system interruption cost, system average interruption duration index, and expected energy not supplied in the sample industrial complex area are shown in detail.

A Study on Assessment of Forced Outage Rates for Reliability Evaluation of Power System (전력계통의 확률론적 신뢰도평가를 위한 사고확률 추정에 관한 연구)

  • Lee Sang Sik;Tran Trung Tinh;Choi Jae Seok;Jeon D.;Kim T.;Cha S.;Choo J.
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.195-198
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    • 2004
  • In recent, the Importance and necessity of some studies on reliability evaluation of grid comes from the recent black-out accidents occurred in the world. The quantity evaluation of transmission system reliability is very important under competitive electricity environment. Accurate probabilistic reliability evaluation depends on assessment of forced outage rate of elements, generators, transmission lines. This paper describes basic theory of relationship between outage rates and reliability evaluation for assessing FOR(forced outage rate) of elements of power system. In case study, FORs assessed and supplied from Canada Electricity Association is introduced and FORs assessed from using actual historical data from 1997 to 2002 for transmission lines of KEPCO system.

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A Study on the Estimation of Electricity Demand for Heating and Cooling using Cross Temperature Response Function (교차기온반응함수로 추정한 전력수요의 냉난방 수요 변화 추정)

  • Park, Sung Keun;Hong, Soon Dong
    • Environmental and Resource Economics Review
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    • v.27 no.2
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    • pp.287-313
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    • 2018
  • This paper measures and analyzes cooling and heating demand in Korean electricity demand using time-varying temperature response functions and cooling and heating temperature effects. We fit the model to Korean data for residential and commercial sector over 1999:01~2016:12 and the estimation results show that the growth rate of heating demand is much higher than that of base and cooling demand, and especially the growth rate of heating demand in commercial sector is much higher. And we define the temperature-normalized demand conditioning that monthly temperatures are assumed as average monthly temperatures. The growth rate of heating demand in the estimated temperature-normalized demand is higher than that in the real demand. Our results are expected to be a base data for Winter Demand Management and short-term electricity demand forecasting.

Economic Welfare Study on Seasonal and Time Period Electricity Pricing (계시별 전력가격에 대한 경제적 후생 연구)

  • Yoo, Young-Hoon;Kim, SungSoo
    • Environmental and Resource Economics Review
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    • v.14 no.2
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    • pp.519-547
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    • 2005
  • The aim of this study is to analysis how economic welfare lost happens within the present korea seasonal and time period electricity pricing system and find out reasonable electricity price system acceptable during the transitional period of korea electricity industry restructuring To analyze economic welfare lost in the electricity industry, in advance seasonal and time periodic 9 demand curves(summer, spring &fall, winter/peak-load time, middle-load time, low-load time) and one market supply curve are made and then using these demand and supply curve, seasonal and time periodic market equilibrium prices is calculated. Finally, comparing these market equilibrium prices with present regulated classified seasonal and time periodic prices, the whole economic welfare lost in the electricity industry is calculated. The result of this study shows that in 2002, the total economic welfare lost in electricity industry is 137,770 million Won and under present price system, the worst welfare lost is happening seasonally in spring & fall, time periodically in the middle-load time. Specifically analyzing the characteristics of welfare lost, especially on the industry customers and service customers which are applied in seasonal and time periodic pricing, for the industry customers, the welfare lost calculated in this class occupies 51% of the total welfare lost in the whole electricity industry and the worst welfare lost is happening seasonally in spring & fall, time periodically in the middle-load time. For service customers, the welfare lost calculated in this class occupies 13% of the total welfare lost in the whole electricity industry and the worst welfare lost is happening seasonally in summer, time periodically in the peak time Finally, this study was made based on the year of 2002 and KEPCO has practiced two times of rate change until now. The result of rate change was positively analyzed in the direction of economic welfare improvement(welfare improvement achieved by 16.3% compared to 2002 result).

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Experimental Characteristic of Drain Control to Cherepnov Water Lifter (Cherepnov 송수기에 대한 배수제어방식의 실험적 특성)

  • 박성천;이강일
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.39 no.6
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    • pp.67-79
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    • 1997
  • The perpose of this study was to suggest the experimental characteristic of the Cherepnov Water Lifter following the drain mode. The Cherepnov Water Lifter(CWL), which is powered by the potential energy of water, can be set to operate automatically when the water m a tank is drained. In this study, a CWL is constructed in the valve drain controlling mode(VCM) and the siphon drain controlling mode(SCM), and a pressure transducer is installed. It was found that, in the VCM, intake flow volume is proportional to both delivery flow volume and drain flow volume. In the SCM, intake flow volume is proportional to drain flow volume, and the average delivery rate is proportional to both efficiency and the water utilization ratio. Also, in the VCM, the water utilization ratio is 35~49%, efficiency is 62~9O%, average delivery rate is 12.8~81.2$cm^3$/s, and the average drain rate is 14.O~91.5c$cm^3$/s. On the contrary in the SCM, the water utilization ratio is 1.7~38%, efficiency is 3~58%, average delivery rate is 3.1 ~69.2$cm^3$/s, and the average drain rate is shown as 114.5~ 183$cm^3$/s. As a result of the water utilization ratio, efficiency, average delivery rate, and average drain rate are compared, the VCM is found to be superior and the more economical mode. However, the VCM requires manpower and electricity to operate the electronic machinery involved, while the SCM requires no manpower or electricity at all. An economic evaluation of these differences will be necessary in the future. Also, in the SCM, studies to improve water utilization ratio and efficiency, to find the optimum height of the siphon for decreasing the average drain rate, and to determine the radius of curvature of throat have to be conducted in advance, since a large flow rate is drained during the priming action of the siphon.

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