• 전기의세계
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• v.28 no.5
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• pp.49-55
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• 1979

During severe emergencies which result in insufficient generation to meet load, an automatic load shedding method considering the spinning and operating reserve can establish the optimum system operation. This paper presents methods and results of a study on the optimum operating scheme with spinning and operating reserve power in case of outage of large generator units to prevent frequency decay and continue stable operation. This study covers following three parts 1) Analysis of spinning reserve characteristics 2) Determination of operating reserve requirements 3) Development of the optimum load shedding programs By this study the optimum system operating method was recommended for reliable operation of power system.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.55 no.10
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• pp.440-445
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• 2006

As an electricity industry transforms into a competitive system, an electricity market revolves into a combined market consisting of generation and operating reserve. This paper presents a market model combined by an energy market and an operating reserve market. In a competitive structure, Gencos strive to choose strategic bidding parameters that maximize total profit resulting from an energy market and a reserve market. The primary goal of the paper is to analyze power transactions of generation and operation reserve based on marginal profits and capacity limits at NE(Nash Equilibrium). In case studies, the reserve market and the energy market are compared at the n from the viewpoints of marginal profits, prices and transaction quantities. It is shown that the marginal profit in an energy market is equal to that in a reserve market, and Gencos strategic bidding is greatly influenced by capacity limit.

• 전기의세계
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• v.24 no.5
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• pp.97-102
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• 1975

This paper describes the result of a Study for the Optimum Operating method with Spinning reserve in case of outage of large generator unit to improve the system stability and prevent the system frequency drop. This is usually done by governor free operation, so we focused our attention to the operating Char acteristics of spinning reserve. Nexy, a study was made to mesure the upper limit of Spinning reserve and when this upper limit cannot match the required power, a relationship between the amount of spinning reserve and that of the load shedding requirement was searched with regard to several system operating conditions to use it in our future system operation. By this study, the optimum system operating method was recommended for reliable operation of power system.

• Journal of Electrical Engineering and Technology
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• v.10 no.2
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• pp.511-517
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• 2015

Determination of the required reserve capacity has an important function in operation of power system and it is calculated based on the largest loss of supply. However, conventional method cannot be applied in future power system, because potential grid-connected distributed generator and abnormal temperature cause the large load imbalance. Therefore this paper address new framework for determining the optimal required reserve capacity taking into account the real time load imbalance. At first, we introduce the way of operating reserve resources which are the secondary, tertiary, Direct Load Control (DLC) and Load shedding reserves to make up the load imbalance. Then, the formulated problem can be solved by the Probabilistic Dynamic Programming (PDP) method. In case study, we divide two cases for comparing the cost function between the conventional method and the proposed method.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.5
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• pp.287-293
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• 2003

The deregulation and structural reform of power markets have started from the early 90s, which has brought about new studies on the new environment. Regardless the market structure, however, power systems need to be operated and planned in a stable and reliable manner. Therefore, decisions on proper amount of operating reserves and their reliable operations are very important. Up to now, the decision processes of operating reserves depend mainly on experiences of operators in Korea. When Korean power market comes under private management, operating reserves would influence power rate as well as power Quality, Therefore, it is time to prepare reasonable operating reserve standards in a systematic way for the new environment. This study suggests the proper operating reserve standards considering rules of the power market in Korea. To verify the adequacy of the proposed standards, stability and frequency characteristics of the Korean power system are analyzed as well.

• KIEE International Transactions on Power Engineering
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• v.5A no.4
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• pp.396-402
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• 2005

In an electricity market with imperfect competition, participants devise bidding plans and transaction strategies to maximize their own profits. The market price and the quantity are concerned with the operation reserve as well as the bidding system and demand curves in an electricity market. This paper presents a market model combined by an energy market and an operating reserve market. The competition of the generation producers in the combined market is formulated as a gaming of selecting bid parameters such as intersections and slopes in bid functions. The Nash Equilibrium (NE) is analyzed by using bi-level optimization; maximization of Social Welfare (SW) and maximization of the producers' profits.

• Journal of the Korean BIBLIA Society for library and Information Science
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• v.32 no.1
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• pp.199-221
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• 2021

Unlike the United States, course reserve and e-Reserve services of university libraries are very poorly operated in Korea. This paper studied cases of e-Reserve service operation of 131 university libraries in the United States to provide basic materials for revitalizing the e-Reserve service of domestic university libraries. To confirm the operation case, 131 university library websites were surveyed, and among them, the e-Reserve service operation methods of 7 university libraries were compared and analyzed, and the functions of 4 e-Reserve supporting software were checked. The research results can be used as reference materials in operating the e-Reserve service in domestic university libraries, and the function of the analyzed support software is considered to be a functional requirement to be considered when introducing the system.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.54 no.4
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• pp.199-204
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• 2005

In an electricity market with an imperfect competition, participants make plans of bidding and transaction strategies to maximize their own profits. The market price and the quantity are concerned with the operation reserve as well as the bidding system and demand curves in an electricity market. This paper presents a market model combined by an energy market and an operating reserve market. The competition of the generation producers in the combined market is formulated as a gaming of selecting bid parameters such as intersections and slopes in bid functions. The Nash Equilibrium(NE) is analyzed by using a hi-level optimization; maximization of Social Welfare(SW) and maximization of the producers' profits.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.22 no.9
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• pp.55-61
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• 2008

Because of the high increasing rate of load demand these days the necessity of deciding what optimum reserve level is appropriate to most stably supply electricity is being emphasized. This research studies the downward tendency of reserve ratio by analyzing the trend of change of the network scale, reserve, and reserve ratio while optimum reserve has been increased as the network system scale grow up. This means, at this moment 6,000[MW] is optimum level for short term prospect of power supply and demand. And also, it has been analyzed that, as the annual peak load exceeded 50,000[MW], confirming the amount of optimum reserve level is more stable than keeping 10 to 12[%] reserve ratio.

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.751-753
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• 2005

In this raper, Economic value of reserve margin i.i presented by opportunity cost for Korean power system, and the level of compensation for spinning reserve that is necessary to operate power system stably is proposed. The generator that is giving up for opportunity to participate in energy market must take opportunity cost. it is relative to not only whole demand level but also marginal cost of each resource. In this paper, assume that all resource in Korea is equivalent to six generator for simulation. and we evaluate value of reserve in the time of high demand and low demand. Also we propose the way to improve a evaluation method by examine relationship between capacity payment and value of reserve.