• Proceedings of the KIEE Conference
• /
• 2000.11a
• /
• pp.10-12
• /
• 2000

As power systems tend to be operated more closely to their ultimate ratings. the role of SCOPF is changed and the importance for real-time security inhancement will be more increased in the new and competitive electricity market. This paper deals with the application of the SCOPF which make possible the On-Line application. The security margin of power system truly is changed according to the conditions or configuration of power system, therefore, the sensitivity factor related to the security is recalculated and the application should be updated in accordance with the state of power system. The proposed mechnism has been tested on modified Woolenberg 18-bus system and the results show more secure conditions against critical contingencies.

• The Transactions of the Korean Institute of Electrical Engineers A
• /
• v.54 no.10
• /
• pp.496-499
• /
• 2005

In many parts of the world, the electric power industry is undergoing unprecedented changes. Therefore, in order to reform the electric power industry efficiently and minimize the confusion of this restructuring, the systematic studies related to transmission pricing and transmission cost allocation issues are required essentially. However, even now, the basis of transmission cost allocation rate is not equipped so that the regulation body has determined the allocating rate under the common practice. In this paper, we demonstrate that the decision of transmission cost allocation rate is the regulation body's own right. For this analysis, we apply game theory to the procedure determining this rate and the competition to determine this rate between gencos and distcos is modeled as the arbitration game.

• Proceedings of the KIEE Conference
• /
• 2002.11b
• /
• pp.369-371
• /
• 2002

In a competitive electricity market, the transactions of the electric power can be accomplished through the bidding which is submitted by suppliers and consumers. It is essential that the optimal decision for the bidding is required to take a dominant position in the competition. Therefore, in this paper we presents bidding variables from bidding curves of suppliers and consumers and proposes the algorithm of an optimal bidding strategy using optimal power flow. Furthermore, the variation of the optimal bidding is investigated through numerical studies.

• Proceedings of the KIEE Conference
• /
• 2001.11b
• /
• pp.41-43
• /
• 2001

경쟁적 전력시장의 도입으로 시장의 모든 참여자들은 자신의 효용이나 수익을 극대화하게 된다. 이에 따라 수용가들은 효용극대화 및 비용최소화를 위한 적극적인 전력소비전략을 필요로 하게 되며, 이를 위해 경쟁적 시장의 부하관리 시스템에 대한 관심이 증가하고 있다. 본 논문에서는 경쟁적 전력시장의 에너지비용절감을 위한 부하관리시스템의 국내외 연구 동향 및 사례들을 조사 분석하였으며 이를 바탕으로 국내 적용 가능성 등을 연구하였다.

• Proceedings of the KIEE Conference
• /
• 2001.07a
• /
• pp.515-517
• /
• 2001

The efficient and rational transmission rate system is one of the crucial factors in creation of fair and competitive electricity market. Transmission charge can be largely categorized into the line usage charge, system reliability maintenance charge, access charge and others. Therefore, transmission rate structure should be able to reflect these cost components reasonably. This Paper suggests an approach that could be used for the reasonable calcuation of transmission reliability costs with reflection of line sensitivity and line outage rate.

• Proceedings of the KIEE Conference
• /
• 2001.11b
• /
• pp.411-413
• /
• 2001

This paper discusses on an optimal bidding strategy of a generator in a competitive electricity spot market using the information of predicted spot price with some assumptions. Optimal bidding strategy of a generator is derived by solving a profit-maximizing optimization problem with a constraint where the forecasted spot price is treated as a constant value. The main advantage of this methodology is that the optimal bidding strategy of each generator can be obtained independently where the gaming characteristics of generators are merged into the forecasted spot price.

• 한국태양에너지학회:학술대회논문집
• /
• 2011.04a
• /
• pp.250-255
• /
• 2011

A Photovoltaic/Thermal(PVT) solar system consists of PV module and thermal absorber plate which convert the absorbed solar radiation into electricity and heat. Meaningful researches and development (R&D) on the PVT technologies have been performed since the 1970s. This paper presents a review of the previous works covering the various types of PVT and their performance analysis in terms of electrical and thermal efficiency. This review compares electrical and thermal efficiency of the different types of PVT collectors and analyzes the parameters affecting PVT performance. Based on the literature review, box charmel type PVT with unglazed, or flat plate PVT with glazed have the highest efficiency among them. From the literature review, R&D should be carried out aiming at improving their overall electrical and thermal efficiency and cutting down the cost, making them more competitive in the energy consumption market.

• The Transactions of the Korean Institute of Electrical Engineers A
• /
• v.55 no.11
• /
• pp.492-497
• /
• 2006

Nash Equilibrium (NE) is essential to investigate a participant's bidding strategy in a competitive electricity market. The transmission line constraints make it difficult to compute the NE due to causing a mixed strategy NE instead of a pure strategy NE. Computing a mixed strategy is more complicated in a multi-player game. The competition among multi-participants is modeled by a two-level hierarchical optimization problem. A mathematical programming approach is widely used in finding this equilibrium. However, there are difficulties to solving a mixed strategy NE. This paper presents two propositions to add heuristics to the mathematical programming method. The propositions are based on empirical studies on mixed strategies in numerous sample systems. Based on the propositions a new formulation is provided with a set of linear and nonlinear equations, and an algorithm is suggested for using the prepositions and the newly-formulated equations.

• Journal of Energy Engineering
• /
• v.11 no.4
• /
• pp.291-298
• /
• 2002

This paper presents a practical methodology that can analysis power flow and marginal factors based on optimal power flow (OPF) of power systems under restructuring environment. First of all, to evaluate useful marginal factors, nonlinear optimization problems of minimum fuel cost and minimum transmission loss are formulated and solved by nonlinear primal-dual interior point method. Here, physical constraints considered in the optimization problems are the limits of bus voltage. line overloading, and real & reactive power generation. Also, an evaluation method of marginal price and marginal transmission loss is presented based on sensitivities calculated by the two OPF problems. Especially, to reflect the cost related to transmission losses in the competitive electricity market, an analysis method of MLF (marginal loss factor) is pro-posed. Numerical results on IEEE RTS 24 show that the proposed algorithm is effective and useful for analysis of power market price.

• Environmental and Resource Economics Review
• /
• v.17 no.3
• /
• pp.167-199
• /
• 2008

There are many successful cases in power interconnection among European and South American countries. However, that is not the case in Northeast Asian countries. Even though there will be a considerable benefit in power interconnection in Northeast Asian countries, there will be some difficulties due to various interest relationship and constraints among countries in Northeast Asia. GTMax(Generation and Transmission Maximization) Program is a very useful tool to analyze competitive electricity market and power interconnection developed by Argonne National Laboratory under the Department of Energy in the USA. This study tried to verify applicability and usefulness by GTMax model to domestic electric power system and power transfer from Russia Far East by power interconnection. When the power by importing from Russia is 2,000MW(around 2% of domestic installed capacity in 2017), there is no impact on domestic electricity market because of small power transfer. The power by importing should be large enough for achieving greater cost reduction by power interconnection. Besides, it would be better to supply power to Kyung-In region directly in reducing overall cost when the power by importing from Russia are sold at low price. In the case of interconnecting Young-Dong region, if it is not possible to upgrade transmission line with power transfer capabilities between Young-Dong and Kyung-In region, then the power by importing from Russia can replace the power produced in Jung-Bu region and the relative benefit of importing power can be reduced.