• Title/Summary/Keyword: New & Renewable Information System

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Design and Implementation of Ethereum-based Future Power Trading System (이더리움 기반의 선물(Future) 전력 거래 시스템 설계)

  • Youm, Sungkwan;Lee, Heekwon;Shin, Kwang-Seong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.10a
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    • pp.584-585
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    • 2021
  • As the production of new and renewable energy such as solar and wind power has diversified, microgrid systems that can simultaneously produce and consume have been introduced. In general, a decrease in electricity prices through solar power is expected in summer, so producer protection is required. In this paper, we propose a transparent and safe gift power transaction system between users using blockchain in a microgrid environment. A futures is simply a contract in which the buyer is obligated to buy electricity or the seller is obliged to sell electricity at a fixed price and a predetermined futures price. This system proposes a futures trading algorithm that searches for futures prices and concludes power transactions with automated operations without user intervention by using a smart contract, a reliable executable code within the blockchain network. If a power producer thinks that the price during the peak production period is likely to decrease during production planning, it sells futures first in the futures market and buys back futures during the peak production period to make a profit in the spot market. losses can be compensated. In addition, if there is a risk that the price of electricity will rise when a sales contract is concluded, a broker can compensate for a loss in the spot market by first buying futures in the futures market and liquidating futures when the sales contract is fulfilled.

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Cost Estimation Model for Introduction to Virtual Power Plants in Korea (국내 가상발전소 도입을 위한 비용 추정 모델)

  • Park, Hye-Yeon;Park, Sang-Yoon;Son, Sung-Yong
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.15 no.2
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    • pp.178-188
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    • 2022
  • The introduction of virtual power plants is actively being discussed to solve the problem of grid acceptability caused by the spread of distributed renewable energy, which is the key to achieving carbon neutrality. However, a new business such as virtual power plants is difficult to secure economic feasibility at the initial stage of introduction because it is common that there is no compensation mechanism. Therefore, appropriate support including subsidy is required at the early stage. But, it is generally difficult to obtain the cost model to determine the subsidy level because of the lack of enough data for the new business model. In this study, a survey of domestic experts on the requirements, appropriate scale, and cost required for the introduction of virtual power plants is conducted. First, resource composition scenarios are designed from the survey results to consider the impact of the resource composition on the cost. Then, the cost estimation model is obtained using the individual cost estimation data for their resource compositions using logistic regression analysis. In the case study, appropriate initial subsidy levels are analyzed and compared for the virtual power plants on the scale of 20-500MW. The results show that mid-to-large resource composition cases show 29-51% lower cost than small-to-large resource composition cases.

The analysis of solar radiation to solar plant area based on UAV geospatial information system (UAV 공간정보 기반의 태양광발전소 부지의 일사량 분석)

  • Lee, Geun-Sang;Lee, Jong-Jo
    • Journal of Cadastre & Land InformatiX
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    • v.48 no.1
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    • pp.5-14
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    • 2018
  • Recently the construction of solar plant showed a steady growth in influence of renewable energy policy. It is very important to determine the optimal location and aspect of solar panel using analyzed data of solar radiation to solar plant area beforehand. This study analyzed solar radiation in solar plant area using DEM acquired from UAV geospatial information. Mean solar radiation of 2017 was calculated as $1,474,466W/m^2$ and total solar radiation of 2017 considering solar plant area showed $33,639MW/m^2$ on analyzed result. It is important to analyze monthly solar radiation in aspect of maintenance works of solar plant. Monthly solar radiation of May to July was calculated over $160,000W/m^2$ and that of January to February and November to December showed under $80,000W/m^2$ in monthly solar radiation analysis of solar plant area. Also this study compared with solar radiation being calculated from UAV geospatial information and that of National Institute of Meteorological Sciences. And mean solar radiation of study area showed a little high in comparison with whole country data of National Institute of Meteorological Sciences, because the 93.7% of study area was composed of south aspect. Therefore this study can be applied to calculate solar radiation in new developed solar plant area very quickly using UAV.

A Design and Analysis of Pressure Predictive Model for Oscillating Water Column Wave Energy Converters Based on Machine Learning (진동수주 파력발전장치를 위한 머신러닝 기반 압력 예측모델 설계 및 분석)

  • Seo, Dong-Woo;Huh, Taesang;Kim, Myungil;Oh, Jae-Won;Cho, Su-Gil
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.11
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    • pp.672-682
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    • 2020
  • The Korea Nowadays, which is research on digital twin technology for efficient operation in various industrial/manufacturing sites, is being actively conducted, and gradual depletion of fossil fuels and environmental pollution issues require new renewable/eco-friendly power generation methods, such as wave power plants. In wave power generation, however, which generates electricity from the energy of waves, it is very important to understand and predict the amount of power generation and operational efficiency factors, such as breakdown, because these are closely related by wave energy with high variability. Therefore, it is necessary to derive a meaningful correlation between highly volatile data, such as wave height data and sensor data in an oscillating water column (OWC) chamber. Secondly, the methodological study, which can predict the desired information, should be conducted by learning the prediction situation with the extracted data based on the derived correlation. This study designed a workflow-based training model using a machine learning framework to predict the pressure of the OWC. In addition, the validity of the pressure prediction analysis was verified through a verification and evaluation dataset using an IoT sensor data to enable smart operation and maintenance with the digital twin of the wave generation system.