• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.578-579
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• 2007

The importance and necessity of conducting studies on area outage cost assessment have been increasingly important in recent years due to the competitive electricity market environment. The objective of operational issues would be to minimize the total area cost while satisfying all associated system constrains of each area[2]. This paper presents a methodology of the Area annual outage cost assessment by probabilistic reliability evaluation using TRELSS program for KEPCO system. The interrupted energy assessment rate (IEAR) is evaluated by macro approach that is using relations between GRDP and the electrical energy demand. The Expected Energy Not Supplied (EENS) of each area was evaluated using the Transmission Reliability Evaluation for Large-Scale Systems (TRELSS) Version 6_2, a program developed by EPRI are introduced in this paper.

• Journal of the Korean Society for Railway
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• v.8 no.3
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• pp.260-266
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• 2005

The deterioration of a shunting locomotive was characterized for the lifetime assessment. The locomotive has been used for shunting works in steel making processes, and in this investigation, various types of technical evaluation methods for the locomotive parts were employed to assess the current deterioration status and to provide important clue for lifetime prediction. Unlike other rolling stocks in railway applications, the diesel shunting locomotive is composed of major components such as diesel engine, transmission, gear box, brake system, electronic devices, etc., which cover more than 70 percent of the total price of the locomotive. Therefore, in this paper, each part of major components in the diesel locomotive was analyzed in terms of the degree of deterioration. The lift-cycle-cost (LCC) analysis was performed based on the maintenance and repair history as compared with economical cost to provide the cost-effective prediction, i.e., to assess either repair for reuse or putting the locomotive out of service based on cost-effective calculation.

• Proceedings of the KIEE Conference
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• 1992.07a
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• pp.96-99
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• 1992

In the planning stage of bulk power transmission system, reliability evaluation has been a major issue in the sense of suppling reliable power at the minimum cost. MEXICO program, based on Monte-Carlo simulation method, is known as a valuable tool for reliability evaluation. This paper presents the empirical study results when using MEXICO program for IEEE-RTS, IEEE-MRTS and KEPCO-233 system.

• Journal of Electrical Engineering and Technology
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• v.10 no.3
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• pp.895-904
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• 2015

This paper presents a probabilistic approach of reliability evaluation and economic assessment for solving transmission network expansion planning problems. Three methods are proposed for TNEP, which are reorganizing the existing power system focused on the buses of interest, selecting candidates using modified system operating state method with healthy, marginal and at-risk states, and finally choosing the optimal alternative using cost-optimization method. TNEP candidates can be selected based on the state reliability such as sufficient and insufficient indices, as proposed in this paper. The process of economic assessment involves the costs of construction, maintenance and operation, congestion, and outage. The case studies are carried out with modified IEEE-24 bus system and Jeju island power system expansion plan in Korea, to verify the proposed methodology.

• Journal of the Korean Society for Railway
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• v.11 no.1
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• pp.107-113
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• 2008

As it recently appears that LCC (Life Cycle Cost) analysis may be considered as an essential method for economic evaluation of infrastructures. Many researches have been made to assess LCC of each facility based on reasonable methods. However, expected maintenance repair cost must be reasonably estimated to enhance the reliability of LCC analysis through systematic and rational methods. This study is intended to propose a rational approach to reliability-based LCC analysis of high-speed railway steel bridges considering lifetime corrosion and fatigue damage. However in Korea, since high speed railway steel bridges are only recently constructed, no direct statistical data are available for the account of the maintenance cost and thus their maintenance characteristics are not clear yet. In this paper, for the assessment of expected maintenance/repair cost, the fatigue system reliability analysis incorporating the corrosion effect is proposed by considering the corrosion and fatigue damage using measured data of high speed railway steel bridges. A model proposed by Rahgozar, of at for fatigue notch factor considering the corrosion effect is used in order to incorporate the corrosion effect into the fatigue strength reduction and S-N curve. Finally, the effectiveness of LCC model proposed for high-speed railway steel bridges is demonstrated by a numerical example.

• Transactions of the Korean hydrogen and new energy society
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• v.14 no.4
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• pp.348-358
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• 2003

According to Electricity Acceleration Law of Rural Area recently, the needs for replacement of a small scale diesel power generation facility which supplied electricity to 10-50 households Remote Islands has been revealed due to high operating and maintenance cost of Diesel Power Generation. Optimization of electric power system for Small Remote Islands must be made considering the economics, reliability and stability as power sources and estimation of total construction cost of those power stations. For its purpose, an assessment of power generation options such as Photovoltaic, Fuel cell, Wind-hybrid was implemented, economic evaluation of power supply shows the Photovoltaic, Fuel Cell for few household's islands and Diesel, Wind-hybrid for more inhabited islands. Power supplied by Diesel shows the best response to increasing electric demand and system reliability even with its lower economic value. Those who are in charge of power planning have to pay attention to system reliability, stability and operating characteristics of candidate's power supply besides its economics.

• Journal of the Korean Institute of Gas
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• v.6 no.1 s.17
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• pp.66-73
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• 2002

In this study a new SIS evaluation method based on the reliability analysis has been developed. It evaluates the Safety Integrity Level (SIL) using the Fault Tree Analysis (FTA), and when the SIL falls short of the systems target level, through the reliability analysis and system retrofit, this method will satisfy the aimed SIL. A hazard evaluation was carried out on the 415V Diesel BUS to verify the SIL evaluation method based on the reliability analysis. The availability of the original 415V Diesel BUS was $99.40\%$, which comes under the category of SIL 2. After exchanging the diesel generator and the isolator switch using the developed evaluation method, the availability rose to $99.94\%$, SIL 3. By applying the method presented in this study, not only will it reduce the maintenance cost due to the prevention of accidents and reduction of loss, but also maximize the reliability of the system.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.23 no.9
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• pp.31-39
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• 2009

This paper shows prioritization process for equipment investment plans considering reliability indices and economical efficiency. To decide prioritization of distribution investment projects, we made a distribution system model using system configuration, it's component and load information and designed several investment alternatives to improve reliability of present system. Lastly, we proposed a evaluation model of economical efficiency assessment on distribution investment alternative projects. To analyze influence by reliability and economical efficiency, we produced economical effects with applying time-varying failure rate of KEPCO's main equipments of distribution system and interruption cost of electric power affected by investment. Finally, in order to insure the validity of this proposed methodology, we compared investment prioritization by economical evaluation with that of real investment alternatives of KEPCO's branch office. In conclusion, this paper shows what and how to interpret the reliability effects of distribution system investments into financial indicators beneficial for power utilities's managers to make decision on the perspective of corporate value.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.389-390
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• 2023

To improve the cost performance of construction sites, various systems and standards are constantly being developed and implemented. Although legal requirements for these system and standard improvements have been increasing, the cost efficiency performance of construction sites remains stagnant. We have digitized documents generated through construction supervision work at 39 building construction sites and proposed a model that can support decision-making in cost efficiency evaluation. This model selects key keywords that are considered to be highly related to cost efficiency by identifying the patterns and relationships of keywords through associated rule analysis and social network analysis using keywords derived from documents. In addition, it is expected to be used as a decision-making aid to determine the cost efficiency of a specific building construction site by establishing a logistic regression model using core keywords. As a systematic database of construction supervision documents and an integrated system of massive data generated by digital technology are established in the future, the accuracy and reliability of the cost efficiency evaluation model are expected to be reinforced.

• Proceedings of the KIEE Conference
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• 2008.11a
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• pp.309-311
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• 2008

This paper introduces the characteristics of relationship between probabilistic reliability (LOLE; Loss of Load Expectation) and deterministic reliability (SRR; supply reserve rate) for 2008 year in Korea power system. Korea power system has been using the LOLE criterion to determine the adequacy of installed capacity (ICAP) requirement. The criterion is that load shall not exceed the avaliable capacity, on the average, more than five day in ten years. The probabilistic reliability evaluation and production cost simulation program which is called PPHFHT was used in order to obtain the relationship in this paper.