• Title/Summary/Keyword: System Capacity

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Agent-Based Modeling for Studying the Impact of Capacity Mechanisms on Generation Expansion in Liberalized Electricity Market

  • Dahlan, N.Y.
    • Journal of Electrical Engineering and Technology
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    • v.10 no.4
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    • pp.1460-1470
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    • 2015
  • This paper presents an approach to solve the long-term generation expansion planning problem of the restructured electricity industry using an agent-based environment. The proposed model simulates the generation investment decisions taken by a particular agent (i.e. a generating company) in a market environment taking into account its competitors’ strategic investment. The investment decision of a particular company is modeled taking into account that such company has imperfect foresight on the future system development hence electricity prices. The delay in the construction of new plants is also explicitly modeled, in order to compute accurately the yearly revenues of each agent. On top of a conventional energy market, several capacity incentive mechanisms including capacity payment and capacity market are simulated, so as to assess their impact on the investment promotion for generation expansion. Results provide insight on the investment cycles as well as dynamic system behavior of long-term generation expansion planning in a competitive electricity industry.

An Analysis on the Adequate Level of Capacity Price from a Long-Term Generation Expansion Planning Perspective: the Case of Korea

  • Kim, Hyoungtae;Lee, Sungwoo;Kim, Tae Hyun;Shin, Hansol;Kim, Wook
    • Journal of Electrical Engineering and Technology
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    • v.13 no.6
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    • pp.2203-2211
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    • 2018
  • Capacity payment mechanism has been adopted as the incentive scheme to achieve resource adequacy in Korean electricity market, however, the level of capacity price has been controversial due to its insufficient extent to incur financial loss for certain generators. Therefore, a new method is proposed to estimate the proper level of capacity price incorporating profitability of market participants and resource adequacy in this paper. The proposed method is successfully applied to test system based on Korean power system.

A Study of Economic ESS Utilization Based on Supplement Control Plan for Stable Wind Energy Extraction (풍력발전의 전력공급 안정화를 위한 ESS 보조제어 기법과 경제적 용량 산정 연구)

  • Jung, Seungmin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.1
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    • pp.22-28
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    • 2018
  • In case of developing a combined system by a number of distributed resources with storage device, a number of application suggests a huge capacity can derive operational flexibility both power supply issues or when unexpected situation imposed. However, it is important to determine a resonable energy capacity because the device have many controversial cost issues in current power system industry. An ESS application which focusing essentially required points can induce appropriate storage capacity that required in economic operation. In this paper, a curtailment supporting algorithm based on storage device is introduced, and applied in the capacity calculation method. The main algorithm pursues handling minor exceeding quantities which can cause mechanical load at blade; This paper tries to include it for configuring hybrid algorithm with pitch control. Several fluctuating conditions are utilized in simulation to reflect critical situation. The analyzing process focuses on the control feasibility with applied capacity and control method.

Performance and Heat Transfer Characteristics of Heat Pump System Using Refrigerant Mixtures (혼합냉매를 사용한 열펌프 시스템의 성능과 열전달 특성)

  • Kim, T.S.;Shin, J.Y.;Ro, S.T.
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.4 no.4
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    • pp.360-369
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    • 1992
  • A heat pump system is constructed to evaluate its performance and heat transfer characteristics with mixtures of R22/R142b as working fluids. The heat transfer in the evaporator and the overall performance are measured and analyzed in terms of the compositions and relevant variables. Possibility of capacity modulation by changing composition is observed without degradation of heat transfer coefficients and coefficient of performance. The cooling capacity is varied continuously within 200 percent based on minimum capacity at constant compressor speed. For similar cooling capacity, COP is improved by mixing two refrigerants and shows maximum value at 60% mass fraction of R22. Average heat transfer coefficients of mixtures decrease in comparison with pure refrigerants at similar cooling capacity and mass flow rate. However, the overall heat transfer coefficients decrease moderately. A cycle simulation is performed in order to manifest the advantages of using refrigerant mixtures, considering experimentally observed heat transfer characteristics.

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A Study on the Capacity Payment in Cost Based Pool (비용기반 전력시장에서의 용량요금 산정방안에 관한 연구)

  • Han, Seok-Man;Kim, Balho H.
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.9
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    • pp.1531-1535
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    • 2008
  • In the past vertically integrated power system, the power utility forecasted power demand and invested new power plants to keep a system adequacy. However, in the competitive electricity markets, a principle part of the capacity investment is market participants who decided the investment to maximize their profit. Especially, one of the main factors in their long-term decision making is the retrieval of fixed costs (construction costs). This paper presents the capacity payment in electricity power markets. The capacity payment (CP) in Cost Based Pool (CBP) is needed to recover fixed costs. However, CP in CBP was applied not only recovering fixed costs but also ensuring supply reliability. In order to operate harmonious power markets, pool needs reasonable CP mechanism. This paper analysis CP using capacity proportion and Reliability Pricing Model (RPM).

Achievable Ergodic Capacity of a MIMO System with a MMSE Receiver

  • Kim, Jae Hong;Kim, Nam Shik;Song, Bong Seop
    • Journal of electromagnetic engineering and science
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    • v.14 no.4
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    • pp.349-352
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    • 2014
  • This paper considers the multiple-input multiple-output (MIMO) system with linear minimum mean square error (MMSE) detection under ideal fast fading. For $N_t$ transmit and $N_r({\geq}N_t)$ receive antennas, we derive the achievable ergodic capacity of MMSE detection exactly. When MMSE detection is considered in a receiver, we introduce a different approach that gives the approximation of a MIMO channel capacity at high signal-to-noise ratio (SNR). The difference between the channel capacity and the achievable capacity of MMSE detection converges to some constant that depends only on the number of antennas. We validate the analytical results by comparing them with Monte Carlo simulated results.

An Approximation of the M/G/1 System with Finite Workload Capacity (부하량에 제한이 있는 M/G/1 시스템의 근사법)

  • Lee, Hyung Joong;Hur, Sun
    • Journal of Korean Institute of Industrial Engineers
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    • v.29 no.3
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    • pp.247-252
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    • 2003
  • We propose an approximation of the M/G/1 system with finite workload capacity, where those customers whose admission to the system would increase the workload beyond a prespecified finite capacity limit are not accepted. Our approximation method is based on the idea that the service time of a customer in the M/G/1 system can be approximated as the sum of service times of a batch of customers in the $M^X/d/1$ system where the deterministic service time d is small enough. That is, the original service time is discretized and approximated by the batch size. We exemplified our method by obtaining the average workload of the M/M/1 system by means of the $M^X/d/1$ system, where the batch size is geometric. In addition, the approximate blocking probabilities of the M/M/1 and $M/E_k/1$ system with finite workload capacities are sought. The proposed method turns out to give a good approximation, which is compared with a simulation.

On the Cost Analysis of Container Physical Distribution System in Pusan Port (부산항 컨테이너 물류 시스템의 비용분석에 관하여)

  • 박창호;이철영
    • Journal of the Korean Institute of Navigation
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    • v.15 no.3
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    • pp.13-24
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    • 1991
  • This paper aims to determining the optimal capacity of Pusan port in view point of Container Physical Distribution cost. It has been established a coast model of the container physical distribution system in Pusan port is composed of 4 sub-systems and in-land transport system. Cargo handling system, transfer & storage system and in-land transport system, and analyzed the cost model of the system. From this analysis, we found that the system had 7 routes including in-land transport by rail or road and coastal transport by feeder ship between Pusan port and cargo owner's door. Though railway transport cost was relatively cheap, but, it was limited to choose railway transport routes due to the introducing of transport cargo allocation practice caused by shortage of railway transport capacity. The physical distribution ost for total import & export container through Pusan port was composed of 4.47% in port entring cost, 12.98% in cargo handling cost, 7.44% in transfer & storage cost and 75.11% in in-land transport cost. Investigation in case of BCTOC verified the results as follows. 1) The optimal level of one time cargo handling was verified 236VAN (377TEU) and annual optimal handling capacity was calculated in 516, 840VAN(826, 944TEU) where berth occupancy is $\rho$=0.6 when regardless of port congestion cost, 2) The optimal level of one time cargo handling was verified 252VAN (403TEU) and annual optimal handling capacity was calculated in 502, 110VAN (803, 376TEU) where berth occupancy is $\rho$=0.58 when considering of port congestion cost.

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A Study on Optimal Flywheel Capacity Estimation for Ulleung-do Power System (울릉도 계통에 대한 플라이휠 최적 용량 산정에 관한 연구)

  • Choi, Seong-Won;Lee, Han-Sang;Lee, Jung-Pil;Han, Sang-Chul;Sung, Tae-Hyun;Han, Young-Heui;Jang, Gil-Soo
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.606-607
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    • 2007
  • This paper is about optimal flywheel capacity estimation for Ullueng-do power system. The power system of Ullueng-do has some differences with other island power system in Korea. It includes wind generator, hydro-generators as well as diesel generators. There are some problems on 600kW wind generator. Because of frequent drop of wind generator, the Ulleung-do power system have been threatened on frequency. The power frequency is 60Hz, and it should be between 59.9 and 60.1Hz. However, since the electrical inertia is small and the weight of wind generation is relatively high, generator drop of wind generation might make the power frequency out of boundary. In this paper, the flywheel energy storage system is assumed to be installed on Ulleung-do power system. Then, the maximum wind generation capacity and the optimal superconducting flywheel energy storage system capacity is estimated by the transient stability simulations.

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Improvement of Variable Renewable Energy Penetration of Stand-Alone Microgrid Hosting Capacity by Using Energy-Storage-System Based on Power Sensitivity

  • CHOI, DongHee
    • Journal of Advanced Information Technology and Convergence
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    • v.10 no.2
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    • pp.91-101
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    • 2020
  • Recently, the demand for high penetration of variable renewable energy (VRE) penetration in a power system is increased. In consequence, distribution systems including microgrids confront the increased installation of VRE-based distributed generation. Despite of the high demand of VRE-based distributed generation in a distribution system, the installation of photovoltaic (PV) system in a distribution system has been restricted by various problems. In other words, the hosting capacity for high VRE penetration in a distribution system is limited. This paper analyzes the improvements of hosting capacity VRE penetration of stand-alone microgrid (SAMG) with energy storage system (ESS) by considering virtual-slack (VS) control based on power sensitivity. With the pre-defined power sensitivity, the ESS operates as virtual slack in the SAMG by controlling its bus voltage and phase angle indirectly. Therefore, the ESS enables the increase of VRE penetration in the SAMG. The proposed VS control is realized by analyzing the ESS as a virtual slack in power flow analysis based on power sensitivity. Then its validity is demonstrated with the case study on the SAMG in South Korea with practical data.