• Journal of Korean Society of Industrial and Systems Engineering
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• v.37 no.4
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• pp.63-71
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• 2014

As power consumption increases, more power utilities are required to satisfy the demand and consequently results in tremendous cost to build the utilities. Another issue in construction of power utilities to meet the peak demand is an inefficiency caused by surplus power during non-peak time. Therefore, most power company considers power demand management with time-based electricity rate policy which applies different rate over time. This paper considers an optimal machine operation problem under the time-based electricity rates. In TOC (Theory of Constraints), the production capacities of all machines are limited to one of the bottleneck machine to minimize the WIP (work in process). In the situation, other machines except the bottleneck are able to stop their operations without any throughput loss of the whole manufacturing line for saving power utility cost. To consider this problem three integer programming models are introduced. The three models include (1) line shutdown, (2) block shutdown, and (3) individual machine shutdown. We demonstrate the effectiveness of the proposed IP models through diverse experiments, by comparing with a TOC-based machine operation planning considered as a current model.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.12
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• pp.52-59
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• 2020

Currently, the domestic electricity rates for houses are charged by applying a progressive level according to monthly electricity usage. Electricity rates rise sharply wWhen the amount of electricity used is large, electricity rates rise sharply. The standardized electricity rate progressive system has limitations in that it lacks consideration of the consumers' power usage patterns and limits consumers' their options. Accordingly, the Ministry of Trade, Industry and Energy and the Korea Electric Power Corporation have been demonstrating the basis of a rate system for housing, which is a method of charging electricity according to the amount of electricity used by season and time. In this paper, 10 electricity usage patterns were derived through from AMI data analysis for 5 five years of 362 apartment complexes located in metropolitan cities. The patterns were, and then applied to the existing domestic electricity rate and time-by-time rates applied to demonstrations, and by time-by-time rates in the US and Australia. The effect of the optional rate by pattern was compared and analyzed. As a result, it was confirmed that benefits occurred in five5 patterns compared to existing rate plans, and the electricity rates increased in 5 five patterns, and t. This phenomenon shows the same phenomenon withis the same as the overseas rates, including domestic rates being demonstrated.

• ETRI Journal
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• v.35 no.4
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• pp.677-686
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• 2013

In this paper, we first introduce a general architecture of an energy management system in a home area network based on a smart grid. Then, we propose an efficient scheduling method for home power usage. The home gateway (HG) receives the demand response (DR) information indicating the real-time electricity price, which is transferred to an energy management controller (EMC). Referring to the DR, the EMC achieves an optimal power scheduling scheme, which is delivered to each electric appliance by the HG. Accordingly, all appliances in the home operate automatically in the most cost-effective way possible. In our research, to avoid the high peak-to-average ratio (PAR) of power, we combine the real-time pricing model with the inclining block rate model. By adopting this combined pricing model, our proposed power scheduling method effectively reduces both the electricity cost and the PAR, ultimately strengthening the stability of the entire electricity system.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
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• v.13 no.2
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• pp.159-168
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• 2020

Current residential electricity rates, which are charged regardless of consumption patterns, have a problem of restricting consumer choice. In order to improve the problem, the Korea government started a demonstration project based on Time-Of-Use(TOU) pricing from September 2019. However, the analysis of its effect is still limited. This study analyzed the changes and limitations of TOU pricing compared to the current progressive pricing. The result showed that the high rate payer's bill decreased by up to 33.8 % while the low rate payer's bill increased by up to 117.7 %. This can lead to the problem of accepting electricity rates from a social point of view. In this study, TOU pricing based on progressive pricing was proposed to overcome the problem. The results presented the rate changes depending on the power consumption patterns while decreasing the average rate change from 32 % to -1.9 %. It means that the proposed pricing can support the TOU effect while maintaining the framework of the existing progressive pricing.

• Journal of Hydrogen and New Energy
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• v.22 no.1
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• pp.118-127
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• 2011

An IGCC was evaluated as one of the next generation technologies that would be able to substitute for coal-fired power plants. According to "The 4th Basic Plan of Long-term Electricity Supply & Demand" which is developed by the Electricity Business Acts, the first IGCC will be operated at 2015. Like other new and renewable energy such as solar PV, Fuel cell, The IGCC is considered as non-competitive generation technology because it is not maturity technology. Before the commercial operation of an IGCC in our electricity market, its economic feasibility under the Korean electricity market, which is cost-based trading system, is studied to find out institutional support system. The results of feasibility summarized that under the current electricity trading system, if the IGCC is considered like a conventional plant such as nuclear or coal-fired power plants, it will not be expected that its investment will be recouped within life-time. The reason is that the availability of an IGCC will plummet since 2016 when several nuclear and coal-fired power plants will be constructed additionally. To ensure the reasonable return on investment (NPV>0 IRR>Discount rate), the availability of IGCC should be higher than 77%. To do so, the current electricity trading system is amended that the IGCC generator must be considered as renewable generators to set up Price Setting Schedule and it should be considered as pick load generators, not Genco's coal fired-generators, in the Settlement Payment.

• Journal of Institute of Control, Robotics and Systems
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• v.7 no.1
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• pp.1211-1217
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• 2001

This paper presnts a controller for the heat capacity of thermal storage systems using off-peak electricity which is composed of an identifier using neural networks and a storage time adjuster in order to store exactly the required thermal energy without loss. Since thermal storage systems have nonlinear characteristics and large time constant, even if we predict the heating load accurately, it is very difficult to store exactly the required thermal energy. Thus, in the neural network for the identifier, the adaptive learning rate for high learning speed and bit inputs based on state changes of thermal storage power source are used. Also a hardware for the controller using a microprocessor is developed. The performance of the proposed controller is shown by experiment.

• Environmental and Resource Economics Review
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• v.14 no.2
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• pp.519-547
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• 2005

The aim of this study is to analysis how economic welfare lost happens within the present korea seasonal and time period electricity pricing system and find out reasonable electricity price system acceptable during the transitional period of korea electricity industry restructuring To analyze economic welfare lost in the electricity industry, in advance seasonal and time periodic 9 demand curves(summer, spring ＆fall, winter/peak-load time, middle-load time, low-load time) and one market supply curve are made and then using these demand and supply curve, seasonal and time periodic market equilibrium prices is calculated. Finally, comparing these market equilibrium prices with present regulated classified seasonal and time periodic prices, the whole economic welfare lost in the electricity industry is calculated. The result of this study shows that in 2002, the total economic welfare lost in electricity industry is 137,770 million Won and under present price system, the worst welfare lost is happening seasonally in spring ＆ fall, time periodically in the middle-load time. Specifically analyzing the characteristics of welfare lost, especially on the industry customers and service customers which are applied in seasonal and time periodic pricing, for the industry customers, the welfare lost calculated in this class occupies 51% of the total welfare lost in the whole electricity industry and the worst welfare lost is happening seasonally in spring ＆ fall, time periodically in the middle-load time. For service customers, the welfare lost calculated in this class occupies 13% of the total welfare lost in the whole electricity industry and the worst welfare lost is happening seasonally in summer, time periodically in the peak time Finally, this study was made based on the year of 2002 and KEPCO has practiced two times of rate change until now. The result of rate change was positively analyzed in the direction of economic welfare improvement(welfare improvement achieved by 16.3% compared to 2002 result).

• Journal of Electrical Engineering and Technology
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• v.6 no.6
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• pp.760-768
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• 2011

The performance of transmission lines and its shielding design during a lightning phenomenon are quite essential in the maintenance of a reliable power supply to consumers. The leader progression model, as an advanced approach, has been recently developed to calculate the shielding failure rate (SFR) of transmission lines using geometrical data and physical behavior of upward and downward lightning leaders. However, such method is quite time consuming. In the present paper, an effective method that utilizes artificial neural networks (ANNs) to create a metamodel for calculating the SFR of a transmission line based on shielding angle and height is introduced. The results of investigations on a real case study reveal that, through proper selection of an ANN structure and good training, the ANN prediction is very close to the result of the detailed simulation, whereas the Processing time is by far lower than that of the detailed model.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.35 no.9B
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• pp.1399-1406
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• 2010

Customers can monitor electricity use in real time in smart grid(ICT is grafted onto current grid), so various beneficial services can be provided to customer. We did a qualitative survey, HV(Home Visit) and FGD(Focus Group Discussion), in order to derive customer's cognition of using electricity in home and values that customers consider significantly and a quantitative survey in order to know willingness to use. Customers consider electricity indispensible for using home appliances, want to use safely far from electromagnetic waves, short circuit and electronic shock. Also, customers want to save energy conveniently with no stress. Customers want 'a function', 'information', 'motivation' for energy saving, and 'electromagnetic waves cutting', 'to prevent electronic shock', 'to prevent short circuit' for safe electricity use. In this study, we derived 4 services - energy monitoring, standby power cutting, remote control, energy consulting - based on customer values and unmet needs, which is connected to home network that customers can monitor total and each appliance's electricity usage in real time and control home appliances. The willingness to use of services is over 60% and especially energy monitoring and standby power cutting service have high willingness to use rate, about 80%.

• Journal of Electrical Engineering and Technology
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• v.4 no.1
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• pp.49-54
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• 2009

One of the major challenges confronting a multiservice electric utility is the establishment of the right prices for its services. The key objectives of particular pricing schemes are reasonableness of company earnings, economic efficiency, the responsiveness of supply and of the allocation of sources to the desires of consumers, and maintenance of some degree of competition. This paper proposes a value-based pricing mechanism amenable to the current deregulation situation in electricity market allowing service differentiation. The proposed pricing mechanism can be implemented in a nodal auction model, and can also be applied to direct load control.