• Title/Summary/Keyword: Economic loss

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The Favorable Synoptic Patterns of Heat Waves in Korea

  • Park, Gwangyong;Park, Jongnam
    • Proceedings of the KGS Conference
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    • 2003.05a
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    • pp.83-86
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    • 2003
  • Hot environment can cause unseen economic loss by slowdown of human activities owing to the accumulation of heat stress. The attack of a strong heat wave to the highly populated urban areas was even evaluated to result in the more fatal damages than any other natural disaster such as flooding or blizzards (Changnon et al, 1996). (omitted)

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A Preliminary Study of the Global Application of HAZUS and ShakeMap for Loss Estimation from a Scenario Earthquake in the Korean Peninsular (지진재해예측을 위한 HAZUS와 ShakeMap의 한반도에서의 적용가능성 연구)

  • Kang, Su-Young;Kim, Kwang-Hee;Kim, Dong-Choon;Yoo, Hai-Soo;Min, Dong-Joo;Suk, Bong-Chool
    • 한국방재학회:학술대회논문집
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    • 2007.02a
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    • pp.152-155
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    • 2007
  • Efficiency and limitations of HAZUS-MH, a GIS based systematic and informative system developed by FEMA and NIBS for natural hazard loss estimations, are discussed by means of a pilot study in the Korean Peninsular. Gyeongsang-do has been selected for the test after careful reviews of previous studies including historical and modern seismicity in the peninsular. A ShakeMap for the selected scenario earthquake with magnitude 6.7 in Gyeongju area is prepared. Then, any losses due to the scenario event have been estimated using HAZUS. Results of the pilot test show that the study area may experience significant physical, economic and social damages. Detailed study in the future will provide efficient and crucial information to the decision makers and emergency agents to mitigate any disaster posed by natural hazards.

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A Decision-making Strategy to Maximize the Information Value of Weather Forecasts in a Customer Relationship Management (CRM) Problem of the Leisure Industry (레저산업의 고객관계관리 문제에서 기상예보의 정보가치를 최대화시키는 의사결정전략 분석)

  • Lee, Joong-Woo;Lee, Ki-Kwang
    • Korean Management Science Review
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    • v.27 no.1
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    • pp.33-43
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    • 2010
  • This paper presents a method for the estimation and analysis of the economic value of weather forecasts for CRM decision-making problems in the leisure industry. Value is calculated in terms of the customer's satisfaction returned from the user's decision under the specific payoff structure, which is itself represented by a customer's satisfaction ratio model. The decision is assessed by a modified cost-loss model to consider the customer's satisfaction instead of the loss or cost. Site-specific probability and deterministic forecasts, each of which is provided in Korea and China, are applied to generate and analyze the optimal decisions. The application results demonstrate that probability forecasts have greater value than deterministic forecasts, provided that the users can locate the optimal decision threshold. This paper also presents the optimal decision strategy for specific customers with a variety of satisfaction patterns.

Output Power Control of Wind Generation System by Machine Loss Minimization

  • Abo-Khalil Ahmed;Lee Dong-Choon
    • 한국신재생에너지학회:학술대회논문집
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    • 2005.06a
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    • pp.51-54
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    • 2005
  • Generator efficiency optimization is important for economic saving and environmental pollution reduction. In general, the machine loss can be reduced by the decreasing the flux level, resulting in the significant reduction of the core loss. This paper proposesan model-based controller is used to decrement the excitation current component on the basis of measured stator current and machine parameters and the q-axis current component controls the generator torque, by which the speed of the induction generator iscontrolled according to the variation of the wind speed in order to produce the maximum output power. The generator reference speed is adjusted according to the optimum tip-speed ratio. The generated power flows into the utility grid through the back-to-back PWM converter. The grid-side converter controls the dc link voltage and the line-side power factor by the q-axis and the d-axis current control, respectively. Experimental results are shown to verify the validity of the proposed scheme.

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A Study on the Decomposition of Nodal Price for the Zonal Evaluation of System Loss & Congestion Cost (손실 및 혼합비용의 지역별 산정을 위한 모선한계가격의 분해에 관한 연구)

  • Lee, S.R.;Kim, S.A.;Jeong, M.H.;Lee, B.;Cha, J.M.
    • Proceedings of the KIEE Conference
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    • 2000.11a
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    • pp.6-9
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    • 2000
  • This paper presents the detailed derivation of optimal nodal price for active power to regionally evaluate system loss and congestion cost. The method is to decompose them into different components corresponding to system loss, transmission congestion, voltage constraint, and so on. The decomposed information for nodal price can be used to provide economic signals for generation or transmission investment as well as to improve the efficient usage of power grid and congestion management. The result of case study on IEEE 30 bus system is reported to illustrate the proposed method.

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A Study on the Coordination Scheme Considering the Loss of Sensitive Load by Voltage Sag at Distribution System Interconnected Dispersed Generation (배전계통에 분산전원 연계시 전압강하에 의한 민감부하의 피해를 고려한 보호협조 연구)

  • Jung, Seung-Bock;Kim, Jae-Chul
    • Proceedings of the KIEE Conference
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    • 2003.07a
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    • pp.363-365
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    • 2003
  • Recently, the concern of power qualiaty problem is increasing. Especially, Voltage quality problem have been increased important problem. Electronic device was affected by voltage sag. So, sensitive load that included many electronic Device was affected by voltage sag. also, it may have economic loss. In this paper, we argue the coordination scheme considering the loss of sensitive load. The coordination device of distribution system for instaneous fault is recloser and sectionalizer, But, the fault clearing time of recloser is more than 2 seconds. So, voltage sag generates long time that affected sensitive load. HS(high speed switchgear) has fast fault clearing time(0.015s) that not affected sensitive load. Therefore, the coordination applied HS is used. The proposed schemes are proved and evaluated by a case study using PSCAD/EMTDC simulation.

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DYNAMIC ECONOMIC DISPATCH USING OBJECT-ORIENTED PROGRAMMING (객체지향기법을 적용한 동적경계부하배분)

  • Baek, Young-Sik;Kwon, Gyu-Jin
    • Proceedings of the KIEE Conference
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    • 1996.07b
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    • pp.790-792
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    • 1996
  • According to increase in electric power demand, the increasing rate of peak load compared with that of base load grows larger every year. Thus this paper deals with the optimal dynamic dispatch problem due to power rate limits and spinning reserve with loss or without loss. The first is adjusting module for gradual change of generator power by Object-Oriented Programming. The latter is an efficient dispatch module for the consideration of reasonable spinning reserve requirements. The proposed algorithm has been shown efficiency in real power system with loss.

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A Study on Thermal Characteristics of Hybrid Solar Receiver for Dish Concentrating System (고온용 태양열 복합 흡수기의 열특성 분석 연구)

  • Kang, Myeong-Cheol;Kim, Jin-Soo;Kang, Yong-Heack;Kim, Nack-Joo;Yoo, Seong-Yeon
    • 한국신재생에너지학회:학술대회논문집
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    • 2006.06a
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    • pp.571-575
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    • 2006
  • To improve economic of solar power generation, stirling engine is required continuous operation and the receiver has to be provided with an additional combustion system. The hybrid receiver with a specially adapted combustion system is possible to 24 hr/day operation by solar and gas-fired. The inner cavity and external wall serve as absorber surfaces using collected irradiation and heat transfer surfaces for the gas heat flow, respectively. The hybrid receiver was designed and fabricated for the dish/stirling system. The analytical method for pridicting natural convective heat loss from receiver is used. The Koenig and Marvin model is used to estimate convection heat loss and heat transfer coefficiency.

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