• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.736-738
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• 2005

For calculating optimal generation composition of The Basic Plan of Long Term Electricity Supply & Demand, the Screening Curve Method that using generation cost for planning is needed. This paper will induce optimal power system ratio included Combined Head and Power and suggest the method for optimal generation composition of The Basic Plan of Long Term Electricity Supply & Demand that considered policy side.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.51 no.8
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• pp.403-408
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• 2002

As the electricity industry undergoes a process of fundamental restructuring, horizontal market power appears as a potential obstacle to a fully competitive wholesale electricity market. Market power is the ability profitably to maintain prices above competitive levels by restricting output below competitive levels. In models for imperfect competition under the consideration of the transmission constraints, the Nash equilibrium has the form of a mixed strategy. In this paper, the models for analyzing imperfect competition are compared using the solution of pure and mixed equilibria. The relation between market power and the capacity of a transmission line is investigated by imperfect competition analysis methods: Cournot, Bertrand, and Supply Curve model.

• Korean System Dynamics Review
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• v.6 no.2
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• pp.25-35
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• 2005

This paper describes the mechanism for new investment to appear in waves of boom and bust causing alternative periods of over and under supply of electricity in Korean market. A system dynamics model was developed to describe the dynamic behavior of new investment in Korean market. The simulation results show the boom and bust cycle in the new investments. When the market price is high, investors decide to build new power plants. However, it takes some delay time to complete new power plants. When the new power plants are being added into the grid, the supply increases and the wholesale price begins to decrease. This causes the cancellation of new power plant or delay the construction. This mechanism causes the boom and bust cycle in new investment.

• 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.

• 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.

• Proceedings of the Korean Radioactive Waste Society Conference
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• 2018.11a
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• pp.47-48
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• 2018

• Proceedings of the Korea Contents Association Conference
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• 2008.05a
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• pp.112-115
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• 2008

Recently, In Korea Electric power Corporation guarantee free using, which separate a class of electric supply with a group of generates electricity and supply, so a market price is decided by demand and supply that take part in a tender. In this treatise predict about demand of power by abstracting a pattern cause it (temperature and economic growth). Also it proposes market price of the best electricity power generation with predicted data that is made database and is showed by Web. The proposed system is increased satisfaction of consumer through smoothness of power supply and demand that rises competitiveness through exactly estimated demand at power supply and demand and supply market will open the future. Moreover consumers can reduce expenses of basic charge. Because they beforehand predict and analyze a mount of power spending with former times so a provider concludes the lowest price and reduction effect of basic charge that needed producing of power.

• Journal of Energy Engineering
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• v.22 no.2
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• pp.141-147
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• 2013

Electricity is a basis for human existence. This paper attempts to analyze the households' willingness to pay (WTP) for the residential electricity use. The WTP for the residential electricity use can be defined as the sum of actual price of and additional WTP for it. The former is easily observed in the market, but the second is not observed and thus should be obtained through a WTP survey of households. To this end, this study conducted a survey of randomly selected 1,000 households in Korea in November 2010. The results indicate that the mean additional WTP for the residential electricity use was estimated to be KRW 11.24 per kWh. Given that the average price of residential electricity was KRW 98.07 per kWh at the time of the survey, the economic benefit from the residential electricity use was computed as KRW 109.31 per kWh. This information can be compared with the cost involved in the supply of one kWh of residential electricity.

• Proceedings of the KIEE Conference
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• 2009.07a
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• pp.357_358
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• 2009

According to the 4th BPE(Basic Plan for long-term Electricity Supply and Demand), Electricity demand of Jeju island in 2012 will be reached to 682MW. Jeju island will be faced with severe shortage of electricty, also needed to find transport route to supply green energy which will be made from "Carbon free island" energy policy toward land at that time. For that reason, The plan which construct 400MW size HVDC connection line was decided for potential supply stabilization and transportation of green energy. KEPCO organized special construction office not only to observe the successful project completion which aims 2011 December but also to build up professional manpower. KEPCO is putting spur to the HVDC project these days. Construction site of converter stations has been already confirmed and contracts of cable, converter have done as per turn-key early this year. On this report, we would like to discuss about project scheme, main characteristics of system, and the furture progress plan of "Jindo~Jeju HVDC construction project expecially converter station part" which is being pushed by KEPCO.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.843-851
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• 2020

This study focuses on identifying and prioritizing the broader performance measures for the service supply chains by taking the case of Majan Electricity Company, Sohar, in the Sultanate of Oman. For an examination of the uniformity of ultimate objectives and the priorities therein, two strata of respondents with a total of fourteen respondents were approached for their valuable insights. Suitable structured instruments were personally administered to elicit the insightful and worthy responses. The two multi-criteria decision-making techniques, namely, the Fuzzy Analytical Hierarchy Process and the Best-Worst Method were used to reach a meaningful prioritization of the identified and refined broader performance measurement dimensions. The results show that there exists a minor gap between the two respondents' groups in terms of their prioritizations. The major finding points to the difference in terms of the topmost priorities as revealed by the two set of respondents. For one group of respondents, the customer satisfaction matters the most, whereas for the other group, it is the overall profitability that matters the most. This gap against the utopian state assists in concluding that there is a requirement to reorient the employees so as to have a shared and common understanding of the organizational priorities.