• The Transactions of the Korean Institute of Electrical Engineers A
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• v.51 no.12
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• pp.597-602
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• 2002

The restructuring of power industry is still going on all over the world for last several decades. Many kinds of restructuring model have been studied, proposed, and applied. Among those models, power pool is more popular than other. This paper assumes the power pool market structure having competitive generation sector, and a new method is presented to build a bidding strategy in that market. The utilities participating in the market have the perfect information of their cost and price functions, but they don't know which strategy to be chosen by others. To define one's strategy as a vector, we make utility's cost/price functions into discrete step functions. An utility knows only his own strategy, so he estimates the other's cost/price functions into discrete step functions. An utility knows only his own strategy, so he estimates the other's strategy using Nash equilibrium or stochastic methods. And he also has to forecast the system demand. According to this forecasting result, his payoffs can be changed. Considering these all conditions, we formulate a bidding game problem and apply noncooperative game theory to that problem for the optimal strategy or solution. Some restrictive assumption are added for simplification of solving process. A numerical example is given in Case Study to show essential features and concrete results of this approach.

• Journal of the Korean Solar Energy Society
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• v.30 no.6
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• pp.66-72
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• 2010

In this study, we analyzed the characteristics of wind speed and wind direction at different locations in Jeju area using past 10 years observed data and used them in our wind power forecasting model. Generally the strongest hourly wind speeds were observed during daytime(13KST~15KST) whilst the strongest monthly wind speeds were measured during January and February. The analysis with regards to the available wind speeds for power generation gave percentages of 83%, 67%, 65% and 59% of wind speeds over 4m/s for the locations Gosan, Sungsan, Jeju site and Seogwipo site, respectively. Consequently the most favorable periods for power generation in Jeju area are in the winter season and generally during daytime. The predicted wind speed from the forecast model was in average lower(0.7m/s) than the observed wind speed and the correlation coefficient was decreasing with longer prediction times(0.84 for 1h, 0.77 for 12h, 0.72 for 24h and 0.67 for 48h). For the 12hour prediction horizon prediction errors were about 22~23%, increased gradually up to 25~29% for 48 hours predictions.

• New & Renewable Energy
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• v.18 no.3
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• pp.1-9
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• 2022

This study analyzed the anticipated supply-and-demand of forest biomass energy (through wood pellets) until 2050, in South Korea. Comparing the utilization rates of forest resources of five countries (United Kingdom, Germany, Finland, Japan, and S. Korea), it was found that S. Korea does not nearly utilize its forest resources for energy purposes. The total demand for wood pellets in S. Korea (based on a power generation efficiency of 38%) was predicted to be 3,629 and 4,371 thousand tons in 2034 and 2050, respectively. The anticipated total wood pellet power generation ratio to target power consumption is 1.13% (5,745 GWh), 1.17% (6,336 GWh), and 1.25% (7,631 GWh) in 2020, 2030, and 2050, respectively. Low value-added forest residues left unattended in forests are called "Unused Forest Biomass" in S. Korea. From the analysis, the total annual potential amount of raw material, sustainably collectible amount, and available amount of wood pellet in 2050 were estimated to be 6,877, 4,814, and 3,370 thousand tons, respectively. The rate of contribution to Nationally Determined Contributions was up to 0.64%. Through this study, the authors found that forest biomass energy will contribute to a carbon neutral society in the near future at the national level.

• Journal of Environmental Science International
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• v.25 no.2
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• pp.247-257
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• 2016

To predict annual energy production (AEP) accurately in the wind farm where located in Seongsan, Jeju Island, Equivalent wind speed (EQ) which can consider vertical wind shear well than Hub height wind speed (HB) is calculated. AEP is produced by CFD model WindSim from National wind resource map. EQ shows a tendency to be underestimated about 2.7% (0.21 m/s) than HB. The difference becomes to be large at nighttime when wind shear is large. EQ can be also affected by atmospheric stability so that is classified by wind shear exponent (${\alpha}$). AEP is increased by 11% when atmosphere becomes to be stabilized (${\alpha}$ > 0.2) than it is convective (${\alpha}$ < 0.1). However, it is found that extreme wind shear (${\alpha}$ > 0.3) is hazardous for power generation. This results represent that AEP calculated by EQ can provide improved accuracy to short-term wind power forecast and wind resource assessment.

• Proceedings of the KIEE Conference
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• 2001.11b
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• pp.421-423
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• 2001

Restructuring of electricity industry is going on for the purpose of introducing competition and after separation of generation and retail business and introduction of competition, substantial change is expected in overall electric power system. In other words, DSM projects are divided with public projects and private projects. Particularly for public project, it is essential to evaluate the DSM volumes by program. This paper tries to derive the ways for achieving the necessary DSM goal in the electricity industry in Korea. First of all, by analyzing the load in Korea, we forecast the standard demand and estimate the technological potentials of each program in considering DSM technological indicators. Moreover, by using economic analysis by program, we estimate economic potentials and finally, we estimate the potentials by program in considering the DSM policy. We estimate the potentials by using random method because application methodology and procedures by program are not established until now, which leads to not obtaining transparency for implementation effect by program. Therefore, this paper estimates the future potentials of DSM projects by using the logical and systematic analytic method and establishing database for DSM basic indicator. The DSM goals estimated by this method will be reflected to mid/long term nation-wide resource planning, which will mitigate anticipated power supply shortage and be applied to derive desirable energy demand/supply structure.

• Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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• 2005.11a
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• pp.92-97
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• 2005

The $9 billion US global wind energy market is experiencing dramatic growth with installed generating capacity up 500% from 7,600 MW at the end of 1997 to nearly 39,300 MW at the end of 2003. With an average annual increase approaching 32%, wind is the world's fastest growing energy source on a percentage basis, and its growth is forecast to continue a double-digit pace into the next decade 1. While much of this growth is fueled by government decisions that are favorable to 'green' or renewable Power, it is also fueled by advances in wind turbine technology as evidenced by larger, more sophisticated machines. As a result, wind turbines are becoming more established as an economically viable alternative to fossil-fueled power generation. Today, wind 'farms' - consisting of anywhere from a single turbine to as many as several hundred turbines - are an important component of the world's source of electric energy.

• Tunnel and Underground Space
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• v.23 no.6
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• pp.480-492
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• 2013

After the introduction of geothermal power generation technology based on engineering reservoir creation that can be applied on non-volcanic region, industrial need for studies on the efficient and economic execution of costly deep-depth drilling work becomes manifest increasingly. However, since it is very difficult to predict duration and cost of boring work with acceptable reliability because of many uncertain events during the execution, efficient and organized work management for drilling is not easily achievable. Especially, the round trip that discretely occurs because of the abrasion of bit takes more time as the depth goes deeper and it has a great impact on the work performance. Therefore, a technology that can simulate the occurrence timing and depth of round trip in advance and therefore optimize them is essentially required. This study divided the abrasion state of bit into eight steps for simulation cases and developed a forecast algorithm, i.e., TOSA which can analyze the depth and timing of round trip occurrence. A methodology that can divide a unit section for simulation has been suggested; while the Bourgoyne and Young model has been used for the forecast of drilling rates and bit abrasion extent by section. Lastly, the designed algorithm has been systemized for the convenience of the user.

• The Journal of the Korea institute of electronic communication sciences
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• v.16 no.4
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• pp.653-660
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• 2021

Renewable energy resources are rapidly becoming an integral part of electricity generation portfolios around the world due to declining costs, government subsidies, and corporate sustainability goal. Interacting wind, solar, and load forecast errors can create significant unpredictable impacts on the distribution system, feeder congestion, voltage standard and reactive power stability margins. These impacts will be increasing with the increasing penetration levels of variable renewable generation in the power systems. There is a limit to the maximum amount of renewable energy sources that can be connected in a distribution feeder by the connection rule of transmission & distribution facility in Korea. This study represents the decision plans of hosting capacity for distribution feeders without the need for significant upgrades to the existing transmission infrastructure. Especially, the paper suggests and discusses the hosting capacity standard of feeder cables and minimum load calculation of distribution feeders.

• The Journal of Society for e-Business Studies
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• v.24 no.1
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• pp.1-16
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• 2019

Recently, since responding to meteorological changes depending on increasing greenhouse gas and electricity demand, the importance prediction of photovoltaic power (PV) is rapidly increasing. In particular, the prediction of PV power generation may help to determine a reasonable price of electricity, and solve the problem addressed such as a system stability and electricity production balance. However, since the dynamic changes of meteorological values such as solar radiation, cloudiness, and temperature, and seasonal changes, the accurate long-term PV power prediction is significantly challenging. Therefore, in this paper, we propose PV power prediction model based on deep learning that can be improved the PV power prediction performance by learning to use meteorological and seasonal information. We evaluate the performances using the proposed model compared to seasonal ARIMA (S-ARIMA) model, which is one of the typical time series methods, and ANN model, which is one hidden layer. As the experiment results using real-world dataset, the proposed model shows the best performance. It means that the proposed model shows positive impact on improving the PV power forecast performance.

• The Journal of Bigdata
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• v.4 no.1
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• pp.63-72
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• 2019

For power energy, optimal generation and distribution plans based on accurate demand forecasts are necessary because it is not recoverable after they have been delivered to users through power generation and transmission processes. Failure to predict power demand can cause various social and economic problems, such as a massive power outage in September 2011. In previous studies on forecasting power demand, ARIMA, neural network models, and other methods were developed. However, limitations such as the use of the national average ambient air temperature and the application of uniform criteria to distinguish seasonality are causing distortion of data or performance degradation of the predictive model. In order to improve the performance of the power demand prediction model, we divided Korea into five major regions, and the power demand prediction model of the linear regression model and the neural network model were developed, reflecting seasonal characteristics through regional characteristics and migration period learning techniques. With the proposed approach, it seems possible to forecast the future demand in short term as well as in long term. Also, it is possible to consider various events and exceptional cases during a certain period.