• Journal of Electrical Engineering and Technology
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• v.11 no.2
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• pp.285-299
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• 2016

Although South Korea experienced a rolling blackout in 2011, the possibility of a blackout in South Korea continues to increase due to rapid electrification. This study examines the problems of energy taxation and price distortions as possible reasons for the rapid electrification in South Korea, which is occurring at a faster rate than in Japan, Europe, and other developed countries. Further, we suggest new energy taxation and price systems designed to normalize electricity prices. In order to do so, we consider two possible scenarios: the first imposes a tax on bituminous coal for electricity generation and the second levies a tax to provide compensation for the potential damages from a nuclear accident. Based on these scenarios, we analyze the effects of a new energy system on electricity price and demand. The results show that a new energy system could guarantee the power generation costs and balance the relative prices between energy sources, and could also help prevent rapid electrification. Therefore, the suggested new energy system is expected to be utilized as a basis for energy policy to decrease the speed of electrification, thus preventing a blackout, and to induce the rational consumption of energy in South Korea.

• IE interfaces
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• v.10 no.1
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• pp.237-248
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• 1997

The purpose of this study is to make an economic analysis of power plant utilities by examining electricity generating costs with environmental consideration. Economic growth has caused pollutant emission, and subsequent environmental pollution has been identified as a very real limit to sustainable development. Considering the enormous role of electricity in the national economy, it is thus very important to study the effect of environmental regulations on the electricity sector. Because power utilities need large investments during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the very important process in the electric system expansion planning. In this study, the levelized generation cost method is used in comparing economic analysis of power plant utilities. Among the pollutants discharged of the electricity sector, this study principally deals with the control activities related only to $CO_2$, and $NO_2$, since the control cost of $SO_2$, and TSP (Total Suspended Particulates) is already included in the construction cost of utilities. The cost of electricity generation in a coal-fired power plant is compared with one in an LNG combined cycle power plant. Moreover this study surveys the sensitivity of fuel price, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically justified in the circumstance of environmental regulations.

• Proceedings of the KIEE Conference
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• 2009.04a
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• pp.174-176
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• 2009

This paper aims to investigate generation conditions necessary for the most efficient generation by measuring electricity power under various irradiation conditions, since the photovoltaic generation system has high costs and low efficiency. This thesis aims to investigate generation conditions necessary for the most efficient generation by measuring electricity power under various irradiation conditions, since the photovoltaic generation system has high costs and low efficiency. Although the generation power increased with the irradiation, the former did not vary directly as the latter. This meant that the variation of the generation power was concerned in the temperature of a module, the ambient temperature, and the directions of irradiation as well as the irradiation. As for the monthly accumulated irradiation and monthly accumulated power, the maximum irradiation and generation power were observed in May and October and the irradiation, the power and the accumulated generation power were all the highest in spring, followed by fall, summer and winter.

• 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.

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.745-747
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• 2005

After restructuring electricity industry, national long term electricity plans moved to "Basic plan of electricity supply and demand" from "Long term power development plan". The main point is a change of path from plan of power development at national level to plan of electricity supply and demand at company level. A proposal by generation company is surveyed and reflected to the basic plan of electricity supply and demand. The second plan shows over 40% reserves in result of the proposals. It is the time to evaluating the proposal which covers market function in the basic plan of electricity supply and demand at the stage of market change. This research presents the need of evaluation of proposals and the methods of evaluation. Also it presents the alternative planning procedure to reflecting the evaluation methods.

• 한국초전도학회:학술대회논문집
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• 2007.07a
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• pp.6-6
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• 2007

• Journal of the Korean Solar Energy Society
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• v.36 no.1
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• pp.63-73
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• 2016

How effectively a wind farm captures high market prices can greatly influence a wind farm's viability. This research identifies and creates an understanding of the effects that result in various capture prices (average revenue earned per unit of generation) that can be seen among different wind farms, in the current and future competitive SMP (System Marginal Price) market in South Korea. Through the use of a neural network to simulate changes in SMP caused by increased renewables, based on the Korea Institute of Energy Research's extensive wind resource database for South Korea, the variances in current and future capture prices are modelled and analyzed for both onshore and offshore wind power generation. Simulation results shows a spread in capture price of 5.5% for the year 2035 that depends on both a locations wind characteristics and the generations' correlation with other wind power generation. Wind characteristics include the generations' correlation with SMP price, diurnal profile shape, and capacity factor. The wind revenue cannibalization effect reduces the capture price obtained by wind power generation that is located close to a substantial amount of other wind power generation. In onshore locations wind characteristics can differ significantly/ Hence it is recommended that possible wind development sites have suitable diurnal profiles that effectively capture high SMP prices. Also, as increasing wind power capacity becomes installed in South Korea, it is recommended that wind power generation be located in regions far from the expected wind power generation 'hotspots' in the future. Hence, a suitable site along the east mountain ridges of South Korea is predicted to be extremely effective in attaining high SMP capture prices. Attention to these factors will increase the revenues obtained by wind power generation in a competitive electricity market.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.62 no.5
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• pp.596-603
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• 2013

The increase of distributed power generation is closely related to interest in microgird including renuable energy sources such as photovoltaic (PV) systems and fuel cell. By the growing interest of microgrid all over the world, many studies on microgrid operation are being carried out. Especially operation technique which is core technology of microgrid is to supply heat and electricity energy simultaneously. Optimal microgrid scheduling can be established by considering CHP (Combined Heat and Power) generation because it produce both heat and electricity energy and its total efficiency is high. For this reason, CHP generation in microgrid is being spotlighted. In the near future, wide application of microgrid is also anticipated. This paper proposes a mathematical model for optimal operation of microgrid considering both heat and power. To validate the proposed model, the case study is performed and its results are analyzed.

• Proceedings of the KIEE Conference
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• 2001.11b
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• pp.429-431
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• 2001

The vertically integrated power industry was divided into six generation companies and one market operator, where electricity trading was launched at power exchange. In this environment, the profits of each generation companies are guaranteed according to utilization of their own generation equipments. This paper represents on generator maintenance scheduling and efficient bidding strategies for generation equipments through the calculation of the contract and the application of each generator cost function based on the past demand forecasting error and market operating data.

• Journal of the Korean Solar Energy Society
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• v.38 no.4
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• pp.55-66
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• 2018

nZEH (net-Zero Energy House) is defined as a self-sufficient energy building where the sum of energy output generated from new & renewable energy system and annual energy consumption is zero. The electricity generated by new & renewable energy system with the form of distributed generation is preferentially supplied to electrical demand, and surplus electricity is transmitted back to grid. Due to the recent expansion of houses with photovoltaic system and the nZEH mandatory by 2025, the rapid increase of distributed generation is expected. Which means, we must prepare for an electricity-power accident and stable electricity supply. Also electricity charges have to be reduce and the grid-connected should be operated efficiently. The introduction of ESS is suggested as a solution, so the analysis of the load matching and grid interaction is required to optimize ESS design. This study analyzed the load matching and grid interaction by expected consumption behavior using actual data measured in one-minute intervals. The experiment was conducted in three nZEH with photovoltaic system, called all-electric houses. LCF (Load Cover Factor), SCF (Supply Cover Factor) and $f_{grid}$ (Grid Interaction Index) were evaluated as an analysis indicator. As a result, LCF, SCF and $f_{grid}$ of A house were 0.25, 0.23 and 0.27 respectively; That of B house were 0.23, 0.23, 0.19, and that of C were 0.20, 0.19, 0.27 respectively.