• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.66 no.1
• /
• pp.23-26
• /
• 2017

Social Welfare is useful concept for evaluating the effectiveness of an economic policy in micro economics. This paper focuses on Social Welfare(SW) of electricity market incorporating demand response(DR). Competition between DR and generation company is modeled as a simple bid function. DR function can be considered as an negative generation(called Negawatt) and as an element of modified demand function. These two approaches result in the same demand reduction, generation power, and the market price. However, SW in the modified demand function approach is not identical to SW in the Negawatt approach. It makes the numerical index of DR effectiveness less persuasive. This paper proposes modified definition of SW in the demand function approach. The proposed definition of SW leads the DR effectiveness index to be identical to that in the Negawatt approach.

• Journal of Energy Engineering
• /
• v.11 no.2
• /
• pp.142-148
• /
• 2002

The variations of real time electric price in competitive electricity markets have influence on electric power demands of the consumers. Residential, commercial, and industrial consumers with different characteristics cause the different price elasticity of the demand due to changing the pattern of consumption. Therefore, this paper analyze the effects of spot pricing for the change of the electric power demand based on the demand elasticity of each loads in competitive electricity market.

• Journal of Satellite, Information and Communications
• /
• v.10 no.1
• /
• pp.44-48
• /
• 2015

The smart grid is a next-generation power grid to create a new value-added information technology. Power providers and consumers exchange information in real-time bi-directional, and optimize energy efficiency with using the smart grid. This paper describes the concept of demand response of the communication system used in the protocol, implementation of demand response systems with demand response scenarios for power reduction through the air conditioning control.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.65 no.6
• /
• pp.946-954
• /
• 2016

Energy industry is undergoing a paradigm shift in customer participation in the smartgrid. Customers traditionally consume electrical power. But nowadays not only do they generate electricity from private distributed generations, they can participate in demand response programs with their negawatt power which means a theoretical unit of power representing an amount of energy saved. Therefore development of decision-making criteria for electric load aggregation becomes a greater consideration as an amount of energy saved from demand response resources increases. This paper proposes load aggregators' decision-making criteria in the industrial sector where it made up the largest portion in demand response portfolio in order to assure reliability performance for demand response resources.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
• /
• v.29 no.5
• /
• pp.86-93
• /
• 2015

Recently, ESS became efficient device to stabilize electric power supply system with the development SG related technology. In fact. there are some constraints to supply ESS, because of the high cost and required space, but rapid technology development for ESS will make it more useful soon. So, through this paper, we analyzed the benefit and demand effect when the battery is applied the building based on the measured energy consumption. After that, we got the conclusion that there is a volume limit in ESS application, in a benefit view point. And we realized that there is a demand violation, and the Cost-based BEMS is the best solution to enhance the effect of ESS application.

• The Transactions of the Korean Institute of Electrical Engineers A
• /
• v.55 no.4
• /
• pp.172-178
• /
• 2006

In this paper, an advanced demand clustering algorithm which can explore the planned maintenance outage of generators in changed electricity industry is proposed. The major contribution of this paper can be captured in the development of the long-term estimates for the generation availability considering planned maintenance outage. Two conflicting viewpoints, one of which is reliability-focused and the other is economy-focused, are incorporated in the development of estimates of maintenance outage based on the advanced demand clustering algorithm. Based on the advanced clustering algorithm, in each demand cluster, conventional effective outage of generators which conceptually capture maintenance and forced outage of generators, are newly defined in order to properly address the characteristic of the planned maintenance outage in changed electricity markets. First, initial market demand is classified into multiple demand clusters, which are defined by the effective outage rates of generators and by the inherent characteristic of the initial demand. Then, based on the advanced demand clustering algorithm, the planned maintenance outages and corresponding effective outages of generators are reevaluated. Finally, the conventional demand clusters are newly classified in order to reflect the improved effective outages of generation markets. We have found that the revision of the demand clusters can change the number of the initial demand clusters, which cannot be captured in the conventional demand clustering process. Therefore, it can be seen that electricity market situations, which can also be classified into several groups which show similar patterns, can be more accurately clustered. From this the fundamental characteristics of power systems can be more efficiently analyzed, for this advanced classification can be widely applicable to other technical problems in power systems such as generation scheduling, power flow analysis, price forecasts, and so on.

• Transactions of the Korean Society of Mechanical Engineers B
• /
• v.33 no.4
• /
• pp.278-287
• /
• 2009

Plug-in hybrid electric vehicle (PHEV) with capability of being recharged from the power-grid will reduce oil consumption. Also, the PHEV will affect the utility operations by adding additional electricity demand for charging. In this research, the power-grid impact by demand of PHEV charging is presented and the optimal charging control strategy for utility operators is proposed with simulated data. The penetration of PHEV is assumed to be 50% in the circumstances of Korean passenger car market and Korean power-grid market limitedly. To obtain smooth load shape and utilize the surplus electricity in power-grid at midnight and dawn, the peak of charging demand should be controlled to be located before 4:00 a.m., and the time slot which can supply the electricity power to PHEV should be allowed between 1:00 a.m.$\sim$7:00 a.m.

• Proceedings of the KIEE Conference
• /
• summer
• /
• pp.722-724
• /
• 2004

Demand estimates in electric power systems have traditionally consisted of time-series analyses over long time periods. The resulting database consisted of huge amounts of data that were then analyzed to create the various coefficients used to forecast power demand. In this research, we take advantage of universally used analysis techniques analysis, but we also use easily available data-mining techniques to analyze patterns of days and special days(holidays, etc.). We then present a new method for estimating and forecasting power flow using decision tree analysis. And because analyzing the relationship between the estimate and power system ceiling Trices currently set by the Korea Power Exchange. We included power system ceiling prices in our estimate coefficients and estimate method.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.66 no.12
• /
• pp.1705-1711
• /
• 2017

This paper analyzes the impact of DRA (Demand Response Aggregator) on market power when competing with power generation companies (Gencos) in the electricity market. If congestion occurs in the transmission line, the strategic choice of the power generation company increases exercise of market power. DRA's strategic reduction of power load impacts the strategy of Gencos, which in turn affects the outcome of the load reduction. As the strategy of Gencos changes according to the location of the congested transmission line, the impact on the market depends on the relative location of the congested line and the DRA.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
• /
• v.28 no.8
• /
• pp.98-105
• /
• 2014

In this paper, we have analyzed the power consumption property of EVs(Electric Vehicles) chargers established in a public place, proposed reasonable demand factors by the number of established EV chargers and its control method in apartments. The optimization of power system and the suppression of the peak load can be controlled through the proposed demand factors and charging scheduling control algorithm. In this paper, electrical design and an case analysis were carried out on a sample apartment complex to prove the effectiveness of the power system. As a result, emergency power transformer capacity has been reduced by approximately 25%, and we have confirmed that the electric rates saving and the control of peak load value is possible.