• 대한전기학회논문지:전력기술부문A
• /
• 제49권8호
• /
• pp.374-379
• /
• 2000

The nodal marginal cost and the congestion charge are used as the econimic signals for the electricity price and new invetments in deregulated power systems. In this paper, the nodal marginal cost and the congestion charge are calculated by using the shadow prices resulted from the calculation of Optimal Power Flow(OPF). Linearization of inequality constraints and piecewise linear cost functions make an OPF problem LP-based forms. In order to use the shadow price, the Interior Point(IP) algorithm is applied as a solution technique to the formulation. This paper proposes an algorithm to determine efficients initial points which are guaranteed to be interior points.

• 대한전기학회:학술대회논문집
• /
• 대한전기학회 2006년도 추계학술대회 논문집 전력기술부문
• /
• pp.195-197
• /
• 2006

This paper presents new power development planning method. This method uses modified-OPF (Optimal Power Flow) includes attribution constrains. After solved the OPF, shadow prices of constraints are used making the weighting factors. These factors are used ordering new generators.

• 대한전기학회:학술대회논문집
• /
• 대한전기학회 2000년도 추계학술대회 논문집 학회본부 A
• /
• pp.107-109
• /
• 2000

This paper presents an algorithm for reducing congestion cost using decoupled optimal power flow. The main idea of this algorithm is to reduce the reactive power flows on the congested lines in reactive power optimization. New objective function for reducing congestion cost is proposed in the reactive formulation by introducing the shadow prices for congested lines. The proposed algorithm is tested for IEEE 14-bus sample system, and the results are presented and discussed.

• 아태비즈니스연구
• /
• 제9권4호
• /
• pp.99-117
• /
• 2018

This study has investigated Linear Programming (LP) applications to special decision making problems in managerial accounting with the help of spreadsheet Solver tools. It uses scenario approaches to case examples having three products and three resources in make-and-supply business operations, which is applicable to cases having more variables and constraints. Integer Programmings (IP) are applied in order to model situations when products are better valued in integer values or logical constraints are required. Three cases in one-time-only special order decisions include Goal Programming approach, Knapsack problems with 0/1 selections, and fixed-charge 0/1 integer modelling techniques for set-up operation costs. For the decisions in outsourcing problems, opportunity-costs of resources expressed by shadow-prices are considered to determine their precise contributions. It has also shown that the improvement in work-shop operation for an unprofitable product must overcome its 'reduced cost' by the sum of direct manufacturing cost savings and its shadow-price contributions. This paper has demonstrated how various real situations of special decision problem in managerial accounting can be approached without mistakes by using LP's and IP's, and how students both in accounting and management science can acquire LP skills in their education.

• 자원ㆍ환경경제연구
• /
• 제23권1호
• /
• pp.43-65
• /
• 2014

본 논문에서는 국내 제조업 가운데 전력 사용량이 상대적으로 많은 화합물 및 화학제품 산업을 대상으로 암묵 (shadow) 비용함수를 사용하여 전력 등의 투입요소 간 효율적 배분 여부를 검증하고 전력의 적정수준 대비 과잉 투입 규모를 조사한다. 기업의 비용최소화 달성을 전제로 각 투입요소에 대한 수요의 가격탄력성을 추정하여 전력요금 인상에 대한 각 요소 수요의 파급효과를 모의실험을 통하여 분석한다. 또한 공급관계식을 비용함수의 방정식체계에 추가하여 동시 추정함으로써 전력요금 10% 인상 시 물가지수에 미치는 영향을 분석한다. 실증분석 결과, 1982-2006년 기간 동안 '투입요소 간 효율적 배분 달성'의 귀무가설은 기각되었으며, 전력은 적정수준 대비 평균적으로 매년 약 98% 과잉 사용되고 있는 것으로 나타났다. 다른 요인들이 불변하다면 전력요금이 10% 인상될 경우 전력 수요는 약 11.4% 감소하였으며, 공급가격은 평균적으로 0.08% 하락하는 것으로 나타났다.

• International Journal of Quality Innovation
• /
• 제9권3호
• /
• pp.113-121
• /
• 2008

This paper proposes a scheme to estimate the technical efficiency of energy consumption and production and shadow prices of $CO_2$ emission in country-level at Asia Pacific countries by Data Envelopment Analysis (DEA). The result of technical efficiency estimation shows that there exists an heterogeneity and a substantial opportunity for improvement in technical efficiency at energy consumption and production across countries, specially in the $CO_2$ emission, which implies that more pollutant are spread in air. Each country will have the different willingness to pay for the additional $CO_2$ emission right and this result enables us to predict the competition in international $CO_2$ emission right market.

• Ocean and Polar Research
• /
• 제33권2호
• /
• pp.149-157
• /
• 2011

As tourist are becoming increasingly environmentally conscious, government and related companies need to establish policies or strategies that encourage ecotourism. The aim of this study is to analyze individual preferences and estimate shadow prices, namely, willingness to pay for coastal wetland ecotourism. This study applies a contingent choice method to measuring marginal WTP for each attribute (tour duration, number of visitors, guide, program) of coastal wetland ecotourism. The finding herein contribute to complementing the valuation methods by estimating various attributes of coastal wetland ecotourism and providing policy-makers with useful methodological framework and quantitative information in the decision-making process related to ecotourism.

• 대한산업공학회지
• /
• 제23권3호
• /
• pp.545-557
• /
• 1997

This paper deals with dynamic optimal pricing for new products by a firm which maximizes the discounted profit stream of it's own in a duopoly. The problem is constructed as differential games and dynamic optimization theory. Cost is assumed to decline as time goes on. A modified customer's choice model is formulated as a diffusion model and we solve a dynamic optimization problem by adopting the diffusion model. Since this paper focus on deriving real prices not showing a time trend, we formulate recursive form equations of costate variables(shadow price) and a simultaneous equation of price. Hence we derive a dynamic optimal pricing model for using in real market. In particular, we construct a dynamic optimal pricing model in the case that there are benefits from not only new subscribers but also previous subscribers. We analyze instant camera market in U.S.A(1976-1985) by utilizing the above model.

• 대한전기학회논문지:전력기술부문A
• /
• 제50권6호
• /
• pp.259-264
• /
• 2001

The electric utility industry around the world is undergoing a revolutionary transition from vertically integrated monopoly structures to a competitive structures. Competition in an open transmission access(OTA) makes the market participants access easily the transmission system in a non-discriminatory and equitable manner. The competitions of suppliers and customers make the electric market price change every hour. This paper presents a web program in the internet environment with a function of optimal power flow(OPF) calculation. The Web program gives the nodal marginal cost and the congestion charge using the shadow prices resulted from OPF. This web program is realized by a Perl and JAVA languages, and using the common gateway interface(CGI).

• 전기학회논문지
• /
• 제57권7호
• /
• pp.1157-1166
• /
• 2008

This paper presents a new approach for the evaluation of location marginal prices (LMPs) considering demand-side bidding (DSB) in a competitive electricity market. The stabilization of the electric power supply and demand balance is one of the major important activities in electric power industry. In this paper, we present an analytical method for calculation of LMPs considering DSB, which has opportunity to compete with generating units, as England & Wales Pool's DSB scheme[1]. Also, we propose a new approach that LMP considering DSB is divided into three components. The proposed approach can be used for the evaluation of demand-side bidding into the electricity market and the assessment of the influence of DSB on total production costs and LMPs as well as three components.