• 대한전기학회:학술대회논문집
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• 대한전기학회 2005년도 제36회 하계학술대회 논문집 A
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• pp.801-803
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• 2005

Fundamentally, success of the competitive electricity market is dependent on efficient market design. However, since electricity incorporates various physical constraints as other commodities, the resource assignment (i.e., dispatch scheduling) is also one of requisites for the successful operation of electricity market. Therefore, efficient dispatch scheduling is an important issue to succeed in the deregulated electricity market and the efficiency of this electricity market may be considerably increased by systematic studies on dispatch scheduling algorithm and corresponding constraints, especially system security. Moreover, contrary to traditional vertically-integrated electric power industry condition, since various decision-makings in deregulated electricity market are directly connected with market participants' benefits, only rational dispatch scheduling algorithm can convince these participants. Therefore, it can provide a basis of grievance prevention. In this paper, we propose an algorithm for security constrained dispatch scheduling with respect to load curtailment. Proposed algorithm decomposes the dispatch problem into a master problem corresponding to basecase optimal power flow (OPF) and several subproblems corresponding a series of contingencies using two-stage optimization technique.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2000년도 하계학술대회 논문집 A
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• pp.19-21
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• 2000

This paper presents a game theory application for analyzing power transactions and market design in a deregulated energy marketplace such as PoolCo. The conventional least-cost approaches for the generation resource schedule can not exactly handle recent real-world situations. A systematic tool using game theory for the market participants is presented such that it determines the net profits through the optimal bidding strategies including the strategies for the bidding prices and bidding generations. We treat this power transaction game as incomplete information one, which means each market participants does not know other's cost function. And the demand elasticity of the energy price is considered for the realistic modeling of the deregulated marketplace.

• KIEE International Transactions on Power Engineering
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• 제3A권3호
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• pp.119-123
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• 2003

Successful operation of power systems under the deregulated electricity market depends on the management of the transmission system reliability. Quantitative evaluation of the transmission system reliability is an important issue. Particularly, the nodal reliability indices can be of value in the management and control of congestion and reliability of the transmission system under the deregulated electricity market. In this study, a method developed for the reliability evaluation of the transmission system is presented. The Monte Carlo methods are used because of their flexibility when complex operating conditions are being considered. The usefulness and effectiveness of the proposed method are illustrated by a case study with the KEPCO system.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2006년도 제37회 하계학술대회 논문집 A
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• pp.359-360
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• 2006

This paper introduces a variable of methodology and models of solving Security-Constrained Price-Based Unit Commitment(SPUC) Problems in the Deregulated Power Market. The objective of SPUC is coordination between GENCOs and the ISO. GENCOs apply Price-Based Unit Commitment(PBUC) without security constraints and submit capacity bids to the ISO for maximizing their revenues. Using generation data and transmission data obtained from TRANSCOs, the ISO applies Security-Constrained Unit Commitment(SCUC), executes congestion management and contingency analysis for minimizing line flow violations and the risk supplying loads. Considering analysis data, the ISO should adjust GENCOS' bid. In this paper, we presents the result of survey and analyze on the approach of the SPUC problem.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2003년도 추계학술대회 논문집 전력기술부문
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• pp.134-136
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• 2003

The deregulated electricity market is operated with respect to theory of economical efficiency, and therefore, the system operator requires data with fast contingency ranking for security of the bulk power system. This paper compares the weather dependant probabilistic risk index(PRI) with the system performance index for power flow in the IEEE-RBTS. also, the system performance index for power flow presents the power system stability. The probabilistic risk index can be classified into normal weather and adverse weather. This paper proposes calculation method using the probabilistic risk index in determining contingency ranking requiring for security under the deregulated electricity market.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2000년도 하계학술대회 논문집 A
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• pp.385-387
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• 2000

This paper discusses a scheme of the congestion management in the Korea electricity market under the deregulated environment. We investigated some cases of the congestion management in the world and the effects of the congestion management in a simple example. A basic idea of the congestion management in the Korea is presented based on the analysis of transmission congestion management in the competitive electricity market.

• 대한전기학회논문지:전력기술부문A
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• 제52권10호
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• pp.616-623
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• 2003

Competition among electric generation companies is a major goal of restructuring in the electricity industry, The trading system in an electricity market has been one of the most important issues in deregulated electricity market. This paper deals with comparisons of the major two types of the trading system: compulsory pool market and bilateral contract market. The two trading systems are compared quantitatively from the viewpoint of consumer's surplus and social welfare, This paper, also, proposes a unified model of Cournot and Bertrand for analyzing the mixed trading system of pool market and bilateral contract market. Nash equilibrium of the unified model is derived by criteria for participating in bilateral contract market. Numerical results from a sample case show that a mixed trading system of pool market and price-competitive bilateral market is beneficial to consumer from the view points of consumer's surplus.

• 조명전기설비학회논문지
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• 제20권5호
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• pp.78-84
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• 2006

전력산업이 수직독점적인 구조에서 규제완화의 경쟁체제로 전환됨에 따라 무효전력서비스의 요금산정이 전력시장 운영자에게는 새로운 이슈가 되고 있다. 본 논문은 몇몇의 선진국과 국내에서 채용되는 무효전력서비스에 대한 요금산정방법을 검토하고, 무효전력시장을 이용하는 새로운 요금산정방법을 제안한다. 무효전력시장은 무효전력 발전원이 제시하는 입찰값을 바탕으로 하루전 전력시장 후에 무효전력 최적조류계산을 거쳐 단일가격으로 결정된다. 제안하는 방법은 무효전력 설치용량에 대한 투자비뿐만 아니라 무효전력 생산량을 늘리기 위해 발전기가 줄이게 되는 유효전력에 대한 기회비용을 함께 고려하고 있다. 26모선 모델계통에서의 사례연구를 통하여 제안하는 방법의 효용성을 입증하고 있다.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2000년도 추계학술대회 논문집 학회본부 A
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• pp.110-112
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• 2000

This paper presents a basic scheme of the congestion management in the Korea electricity market under the deregulated environment. We investigated some cases of the congestion management in the world and the effects of the congestion management in a real data. A basic idea of the congestion management in the Korea is presented based on the analysis of transmission congestion management in the competitive electricity market.

• Journal of Electrical Engineering and Technology
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• 제10권1호
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• pp.1-7
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• 2015

The industry has rapidly growth and energy supply technology advanced are become main factor which to contribute of the harmonic losses. This problem is one aspect that may affect the capability of the transmission line and also to the efficiency of electricity. This paper proposes a new scheme to allocate the cost pertaining to transmission loss due to harmonics. The proposed method, called as Generalized Harmonic Distribution Factor, uses the principle of proportional sharing method to allocate the losses among the transmission users especially for industry consumers. The IEEE 14- and 30 bus test system is used to compare the proposed method with existing method. The results showed that the proposed method provided a scheme better in allocating the cost of transmission loss, which could encourage the users to minimize the losses.