• Korean Management Science Review
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• v.12 no.1
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• pp.157-173
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• 1995

Hydro-electric power generation from multi-purpose dams has been playing important roles in the electric power supply network in Korea. Although the total share of hydro power in national electricity supply now becomes very small, the peak-shaving and frequency control capability of hydro power helps the power company enormously in maintaining the quality of power. But since the company that builds and operates the multi-purpose dams in Korea has to sell all the electricity produced to the monopolistic utility, there have been various problems in justifying the investment, designing pricing mechanism, and controlling operations of the power plants. In addition, economic evaluation of the hydro power has been distorted by a variety of reasons and hence it has been very difficult to encourage effective development and utilization of national water resources. To make the problem worse, both parties are public companies with X-inefficiency problems. Thus, changing environment requires to reengineer the system that governs hydro power generation. We address the problems of Korean hydro-electric power generation system in four areas: the investment justification process, the operations decison right of the hydro power plants, the pricing of the purchased-power, and the negotiation of contract revision. Then we propose improvement directions of new hydro-electric power system in view of static and dynamic efficiency, X-inefficiency and equity.

• Nuclear Engineering and Technology
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• v.8 no.2
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• pp.101-116
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• 1976

An attempt is made to analyze the unit nuclear power cost of the Go-ri units 1 and 2 in terms of a set of model data. For the calculational purpose, the power cost is first decomposed into the cost components related to the plant capital, operation and maintenance, working capital requirements, and fuel cycle operation. Then, POWERCO-50 computer code is applied to enumerate the first three components and MITCOST-II is used to evaluate the fuel cycle cost component. The specific numerical results are the fuel cycle cost of Go-ri unit 2 for three alternative fuel cycles presumed, levelized unit power cost of units 1 and 2, and the sensitivity of the power cost to the fluctuation of the model data. Upon comparision of the results with the power cost of the fossil power plants in Korea, it is found that the nuclear power is economically preferred to the fossil power. Nevertheless, the turnkey contract value of Go-ri unit 2 appears to be rather expensive compared with the available data on the construction cost of the PWR plants. Therefore, it is suggested that, in order to make the nuclear power plants more attractive in Korea, the unfavorable contract of such kind must be avoided in the future introduction of the nuclear power plant. Capacity factor is of prime importance to achieving the economic generation of the nuclear electricity from the Go-ri plant. Therefore, it is concluded that more efforts should be directed to make the maximum use of the Go-ri plant.

• Journal of the Korean Operations Research and Management Science Society
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• v.12 no.1
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• pp.157-157
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• 1987

Hydro-electric power generation from multi-purpose dams has been playing important roles in the electric power supply network in Korea. Although the total share of hydro power in national electricity supply now becomes very small, the peak-shaving and frequency control capability of hydro power helps the power company enormously in maintaining the quality of power. But since the company that builds and operates the multi-purpose dams in Korea has to sell all the electricity produced to the monopolistic utility, there have been various problems in justifying the investment, designing pricing mechanism, and controlling operations of the power plants. In addition, economic evaluation of the hydro power has been distorted by a variety of reasons and hence it has been very difficult to encourage effective development and utilization of national water resources. To make the problem worse, both parties are public companies with X-inefficiency problems. Thus, changing environment requires to reengineer the system that governs hydro power generation. We address the problems of Korean hydro-electric power generation system in four areas: the investment justification process, the operations decison right of the hydro power plants, the pricing of the purchased-power, and the negotiation of contract revision. Then we propose improvement directions of new hydro-electric power system in view of static and dynamic efficiency, X-inefficiency and equity.

• Proceedings of the KIEE Conference
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• 2002.07a
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• pp.28-30
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• 2002

The increasing application of electronic equipment has heightened the interest in power quality in recent years because there are economic impacts on utilities, customers, and suppliers of load equipment. The power quality would impose result in severe damage on many industrial customers. As having been supplied many kinds of electronic devices such as computer and communication equipment, automation equipment and various kinds of control devices etc., it comes to be more and more difficult to maintain the clean power quality. According to the restructuring in electricity industry the power quality may be treated as goods as contract terms and regulation elements between power supplier and consumer in the near future. Under the above environment, the power quality should be monitored for all day long with appropriate devices which is possible to measure and record the associated power quality data to prove each responsibility for the impacts when disputes arise due to power quality problems power quality problems are occurred. In this paper the authors propose some functions to be considered and system configuration to monitor the associated power quality elements in developing the web based power quality monitoring system.

• Journal of Digital Convergence
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• v.17 no.7
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• pp.131-138
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• 2019

The world's electricity production ratio is 40% for coal, 20% for natural gas, 16% for hydroelectric power, 15% for nuclear power and 6% for petroleum. Fossil fuels also cause serious problems in terms of price and supply because of the high concentration of resources on the earth. Solar energy is attracting attention as a next-generation eco-friendly energy that will replace fossil fuels with these problems. In this study, we test the charge-operation plan and the discharge operation plan for peak-cut operation by applying the maximum power demand reduction simulation. To do this, we selected the electricity usage from November to February, which has the largest amount of power usage, and applied charge / discharge logic. Simulation results show that the contract power decreases as the peak demand power after the ESS Peak-cut service is reduced to 50% of the peak-target power. As a result, the contract power reduction can reduce the basic power value of the customer and not only the economic superiority can be expected, but also contribute to the improvement of the electric quality and stabilization of the power supply system.

• Journal of Power System Engineering
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• v.12 no.2
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• pp.41-47
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• 2008

This article deals with the stress analysis of the friction drive, which transmits the power via the rolling resistance on the contract area between the two rotating bodies. On the contact area, friction drives are normally involved with shear stress due to the transmitted force, as well as normal stress. Thus the stress analysis including the shear stress is necessary for the design of the friction drive. Hertzian results can be used to estimate the normal stress distribution and elastic deflection of the contact area, although the shear stress distribution is not well defined. In order to investigate the shear stress distribution and its effects in a friction drive, we have performed the stress analysis of the spherical continuously variable transmission(CVT) using finite element method. The spherical CVT is one of friction drives, which is used in small power applications. The numerical results show that the normal stress distribution is not affected by the transmitted shear force, and the maximal shear stress is increased in small amount along with the shear force.

• Proceedings of the KIEE Conference
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• 2005.11b
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• pp.183-185
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• 2005

This paper discusses an economic study analysis of captive power plant as a commercial plant in the cost based pool market. In this paper I assumed the conversion of a captive power plant owned by factories to a commercial plant and investigated the changes in profitability associated with this. I set the total electricity expense of a captive purpose plant as state A and the costs associated with converting to a commercial purpose plant as state B. Each state subdivided by case which is classified its plant variable cost, type of generation (combined cycle, single cycle) and type of power contract received. After set model for each case, different economic benefits by each case can be calculated.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2014.05a
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• pp.184-185
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• 2014

International construction contracts to Korean construction companies have been dramatically increased over the 48 years (Contract received worth 65.2 billion dollars in 2013). Especially, the plant construction sector has achieved about 61% among the 65.2 billion dollars. Under this trend, in order to ensure plant construction's competitiveness, 'standard classification' is an important area for systematic management. However, these standards in the plant construction are not widely utilized yet, in comparison with civil and building sectors. Therefore, in this research, a higher level of standard classifications is proposed for various types of power plants from a PMO's (Project Management Office) perspective. This study also provides a comparative analysis outlining different features and common components based on various types of power plants.

• Proceedings of the KIEE Conference
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• summer
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• pp.728-730
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• 2004

Transmission congestion is one of the Key factors to local market power in competitive electricity markets. Other players' strategy is also considered. This paper presents an alternative methodology in market power under transmission congestion and other players' strategy. The proposed methodology was demonstrated with the Optimal Power Flow(OPF). Case study is fulfilled by GAMS simulation.

• Proceedings of the KIEE Conference
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• summer
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• pp.165-167
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• 2004

End-user electric power consumption trends shows various load curves dependant on industry, contract, season, day and time. Analysis of end-user electric power consumption trends has a key role to efficiently meet electricity demand. There are several factors of change in electricity demand such as the change of weather, international conflict, and industrial trends during summer. This paper has analyzed the analysis the end-user electric power consumption trends using the load curve during international conflict. We observed that international conflict decreased electric demand by $5.4\%$. This increase is not significant, and therefore we conclude that the international conflict has not greatly affected Korea's electricity demands. This paper provides useful information so as to mon: efficiently perform demand side management.