• The Transactions of The Korean Institute of Electrical Engineers
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• v.61 no.4
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• pp.534-541
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• 2012

This paper tries to elicit an optimal generation mix of Korea. Two approaches, using the screening curve method and taking advantage of a generation expansion planning tool, WASP-IV, are applied in getting the mix. The data used in this study is based on the 5th basic plan for long-term electricity supply and demand. The Load Duration Curve, that is needed for applying Screening Curve Method(SCM), is made based on the load profile in 2010. In our using SCM, the nuclear plant's operation characteristic, carbon emission cost and spinning reserve are considered. In using WASP-IV to get the adequate generation mix, the base and target demand forecasts in the 5th basic plan are used and the carbon emission cost is also considered. In this paper, It introduces the domestic adequacy generation mix in 2024 though SCM and WASP-IV.

• The Transactions of the Korean Institute of Electrical Engineers
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• v.37 no.6
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• pp.339-349
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• 1988

The simplified simulation technique for the best generation mix is developed and the studied results are described. The best generation mix over study time from the economic point of view can be easily constructed by this technique. Generator maintenance, the operation of pumpgenerator and LNG thermal generator with limited energy are simulated variously, so a role of each generator is also easily evaluated. Through parametric analysis, useful planning guide points are obtained for the best generation mix transition, nuclear power plant construction cost, ruanium cost , oil cost, coal cost and midnight factor in the study case corresponding to real power system size model.

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.149-151
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• 2005

A new approach considering CO2 air pollution constraints in the long-term generation mix is proposed under uncertain circumstances. A characteristic feature of the presented approach in this paper is what effects give the air pollution constraints in long term best generation mix. Best generation mix problem is formulated by linear programming with fuel and construction cost minimization with load growth, reliability (reserve margin rate) and air pollutionconstraints. The proposed method accommodates the operation of pumped-storage generator. It was assumed in this study that the construction planning of the hydro power plants is given separately from the other generation plans. The effectiveness of the proposed approach is demonstrated by applying to the best generation mix problem of KEPCO-system, which contains nuclear, coal, LNG, oil and pumped-storage hydro plant multi-years.

• Proceedings of the KIEE Conference
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• 1988.07a
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• pp.848-851
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• 1988

The simplified simulation technique for the best generation mix is developed and the studied results are described. The best generation mix over study time from the economic point of view can easily constructed by this technique.

• Journal of Korean Institute of Industrial Engineers
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• v.39 no.3
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• pp.183-191
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• 2013

We address the power generation mix problem that considers not only nuclear and fossil fuels such as oil, coal and LNG but also renewable energy technologies. Unlike nuclear or other generation technologies, the expansion plan of renewable energy is highly uncertain because of its dependency on the government policy and uncertainty associated with technology improvements. To address this issue, we conduct a delphi survey and forecast the capacity of renewable energy. We further propose a stochastic mixed integer programming model that determines an optimal capacity expansion and the amount of power generation using each generation technology. Using the proposed model, we test eight generation mix scenarios and particularly evaluate how much the expansion of renewable energy contributes to the total costs for power generation in Korea. The evaluation results show that the use of renewable energy incurs additional costs.

• Proceedings of the Korean System Dynamics Society
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• 2003.08a
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• pp.49-81
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• 2003

It is one of the important problems how to maintain the optimal electric power generation mix. The Objective of this study is development of a computer model which can be used to forecast the investment of power generation unit by the plant owners after restructuring the electricity industry. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• Korean System Dynamics Review
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• v.4 no.1
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• pp.33-53
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• 2003

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. Because the nst of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.61 no.4
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• pp.522-533
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• 2012

This paper presents an adaptive strategy of GENCOs for reducing the greenhouse gas by fuel mix change. Fuel mix stands for generation capacity portfolio composed of different fuel resources. Currently, the generation sector of power industry in Korea is heavily dependent on fossil fuels, therefore it is required to change the fuel mix gradually into more eco-friendly way based on renewable energies. The generation costs of renewable energies are still expensive compared to fossil fueled resources. This is why the adaptive change is more preferred at current stage and this paper proposes an optimal strategy for capacity planning based on multiple environmental scenarios on the time horizon. This study used the computer program tool named GATE-PRO (Generation And Transmission Expansion PROgram), which is a mixed-integer non-linear program developed by Hongik university and Korea Energy Economics Institute. The simulations have been carried out with the priority allocation method in the program to determine the optimal mix of NRE(New Renewable Energy). Through this process, the result proposes an economic fuel mix under emission constraints compatible with the greenhouse gas mitigation policy of the United Nations.

• IE interfaces
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• v.17 no.3
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• pp.269-281
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• 2004

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• Proceedings of the KIEE Conference
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• 2007.11b
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• pp.176-179
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• 2007

This paper proposes a fuzzy linear programming based solution approach fur the long-term generation mix with multi-stages (years) considering air pollution constraints on $CO_2$ emissions, under uncertain circumstances as like as ambiguities of budget and reliability criterion level. This paper approaches to generation mix problem for 2030 year in Korea eventually. The proposed approach may give more flexible solution rather than too robust plan. The effectiveness of the proposed approach is demonstrated by applying it to solve the multi-years best generation mix problem on the Korea power system which contains nuclear, coal, LNG, oil and pumped-storage hydro plants.