• Title/Summary/Keyword: Regional Pricing of Electricity

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A Study on the Spatial Units Adequacy for the Regional Pricing of Electricity: Based on Electricity Self-sufficiency Rates by Si·Gun·Gu (지역별 차등 전기요금제 적용을 위한 공간 단위 검토: 시·군·구별 전력 자급률을 기준으로)

  • Chung Sup Lee;Kang-Won Lee
    • Journal of the Economic Geographical Society of Korea
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    • v.26 no.2
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    • pp.96-109
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    • 2023
  • Recently, there has been a lot of discussion about the regional pricing of electricity and electricity self-sufficiency. In Korea, power generation facilities are highly ubiquitous and there is an imbalance between electricity production and consumption regions. So it is proposed to charge different price by region, instead of the current nationwide uniform price, and the regional electricity self-sufficiency rate is proposed as a criterion for identifying electricity production and consumption regions. However, many discussions set the spatial unit for measuring electricity self-sufficiency by 17 Si·Do, which needs to be analyzed for its appropriateness. In this study, we analyzed the electricity self-sufficiency rate using 17 provinces and 229 Si·Gun·Gu as the spatial unit. As a result of the analysis, there are 7 and 10 electricity producing and consuming regions at Si·Do level, but 38 and 191 at Si·Gun·Gu level. In addition, although the electricity self-sufficiency rate measurement has the advantage of identifying electricity production and consumption areas in a simple and intuitive way, we points out that it has some problems with the criteria for regional pricing of electricity.

Marginal Loss Factor using Optimal Power Flow in Power Market (최적조류계산을 이용한 한계손실계수의 전력시장 적용)

  • Ko, Young-Jun;Shin, Dong-Joon;Kim, Jin-O;Lee, Hyo-Sang
    • Proceedings of the KIEE Conference
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    • 2001.07a
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    • pp.509-511
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    • 2001
  • In the competitive electricity market, various pricing methods are developed and practiced in many countries. Among these pricing methods, marginal loss factor(MLF) can be applied to reflect the marginal cost of network losses. For the calculation of MLF, power flow method has been used. However, it shows some shortcomings such as necessity of regional reference node, and absence of an ability to consider network constraints. The former defect might affect adversely to the equity of market participants and the latter might generate an inappropriate price signal. To overcome these defects, the utilization of optimal power flow(OPF) is suggested in this paper. 30-bus system is used for the case study to compare the MLF by the power flow and the OPF method for 24-hour dispatching and pricing.

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Marginal Loss Factor using Optimal Power flow in Power Market (최적조류계산을 이용한 한계손실계수의 전력시장 적용)

  • Sin, Dong-Jun;Go, Yong-Jun;Lee, Hyo-Sang;Kim, Jin-O
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.51 no.8
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    • pp.379-384
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    • 2002
  • In the competitive electricity market, various pricing methods are developed and practiced in many countries. Among these pricing methods, marginal loss factor(MLF) can be applied to reflect the marginal cost of network losses. For the calculation of MLF, power flow method has been used to calculate system loss deviation. However, this power flow method shows some shortcomings such as necessity of regional reference node, and absence of an ability to consider network constraints like line congestion, voltage limit, and generation output limit. The former defect might affects adversely to the equity of market participants and the latter might generate an inappropriate price signals to customers and generators. To overcome these defects, the utilization of optimal power flow(OPF) is suggested to get the system loss deviation in this paper. 30-bus system is used for the case study to compare the MLF results by the power flow and the OPF method for 24-hour dispatching and pricing, Generator payment and customer charge are compared with these two methods also. The results show that MLF by OPF reflects the power system condition more faithfully than that of by the conventional power flow method