• The Transactions of The Korean Institute of Electrical Engineers
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• v.58 no.6
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• pp.1093-1099
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• 2009

Alternative energy sources such as renewable energy like solar power systems, wind power systems, or fuel cell power systems has been the rising issue in the electrical power system. This paper discusses an economic study analysis of fuel cells in the korean electricity market. It includes the basic concept of a fuel cell and the korean electricity market. It also describes the need of renewable energy and how the fuel cell is connected with the local grid. This paper shows the impact of production and recovering thermal energy of a grid-connected fuel cell power system. The profit maximization approach has been structured including electrical power trade with the local grid and heat trade within the micro-grid. The strategies are evaluated using a local load that uses electric and thermal power which has different patterns between summer and winter periods. The solution algorithm is not newly developed one, but is solved by an application called GAMS. Results indicate the need and usefulness of a fuel cell power system.

• Environmental and Resource Economics Review
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• v.13 no.3
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• pp.417-440
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• 2004

For the behavior of the wholesale spot price, a regime switching model with time-varying transition probabilities was estimated using the data from the PJM (Pennsylvania-New Jersey-Maryland) market. By including the temperature as an explanatory variable in the transition probability equations, the threshold effect of changing regime is clearly enhanced. And hence the predictability of the price spikes was improved. This means that the model showed a very clear threshold effect, with a low probability of switching for low loads and low temperatures and a high probability for high loads and high temperatures. And temperature showed a clearer threshold effect than load does. This implies that weather-related contracts may help to hedge against the risk in the cost of buying electricity during a summer.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2006.05a
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• pp.329-330
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• 2006

The research and development of an actuator are accelerating in the robotics industry. The electricity polymer and SMA actuator are designed simply and are produced a lot of forces per unit volume. Their motions are similar to human's motion, But the repeatability of the electricity polymer actuator is lower. The reaction velocity of the SMA actuator is slow and the travel is short. In this paper, the dynamic characteristic of the segmented SMA is studied. The SMA wire is divided by using the Thermo-electric module(TEM) to control each of segments independently. The MOSFET circuit is used to supply constant currents fer the Thermo-electric module(TEM). The hysteresis and displacement of the SMA wire according to load are measured.

• Environmental and Resource Economics Review
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• v.11 no.2
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• pp.233-260
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• 2002

This paper tries to analyze the efficiency structure and regulatory effects in electric power industry by using total factor productivity and indices based on cost function method. This paper performed an empirical analysis on the efficiency improvement and optimal scale taking the cost aspect in electricity industry into account. By expanding the cost structure framework, this paper proposes the analytical method regarding the needs of technology regulation and presents the empirical results which can be verified. Hence, this work can play a key role in decision-making of the national power development and regulatory policy. The empirical result indicates that the electricity industry in Korea has been in the state of economies of scale until 1980s, However, due to sustained growth of power generation, economies of scale declined and subsided after 1980s and then diseconomies of scale is shown recent years. The analysis on the effect of technology regulation shows the national large-scale base-load power plant development-oriented policy until so far contributed substantial cost effect to the electricity industry. The empirical result indicates that the reserve requirement as one of means of technology regulation policy did not contribute to the economies of scale but positive effect on the total factor productivity in Korea.

• Journal of the Architectural Institute of Korea Structure & Construction
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• v.35 no.4
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• pp.185-192
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• 2019

In this study, we, through case studies, formulated a method to implement net-zero energy daycare center at the current insulation and technology level, and calculated its energy expense. The reference model was a medium sized daycare center whose number of children was 99. We analyzed the energy consumption status for the reference model and developed TRNSYS simulation analytical model to realize net-zero energy . We assumed the reference model to be "All Electric Building" where all energy including cooking is supplied by electricity. The result is summarized as follows: First, the annual electricity consumption of daycare center was 53,291kWh. Plug load occupied the largest share of 48% followed by lighting, 10%, cooling, 9%, cooking, 9%, heating, 8%, hot water, 5% and ventilation, 2%. Second, the photovoltaic installation capacity to realize net-zero energy was 40.32kWp and its annual generation was 53,402kWh. Third, the annual energy expense(electricity bill) by realizing net-zero energy was 2,620,390won.

• Land and Housing Review
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• v.11 no.2
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• pp.87-94
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• 2020

Offshore renewable energy resources are attractive alternatives in addressing the nation's clean energy policies because of the high demand for electricity in the coastal region. As a large portion of potential resources is in deep and farther water, economically competitive floating systems have been developed. Despite the advancement of floating technologies, the high capital cost remains a primary barrier to go ahead offshore renewable energy projects. The dynamically installed piles (DIPs) have been considered one of the most economical pile concepts due to their simple installation method, resulting in cost and time-saving. Nevertheless, applications to real fields are limited because of uncertainties and underestimated load capacity. Thus, this study suggests the appropriate analytical approach to estimate the inclined load capacity of the DIPs by using the upper bound plastic limit analysis (PLA) method. The validity of the PLA under several conditions is demonstrated through comparison to the finite element (FE) method. The PLA was performed to understand how flukes, soil profiles, and load inclinations can affect the inclined load capacity and to provide reliable evaluations of the total resistance of the DIPs. The studies show that PLA can be a useful framework for evaluating the inclined load capacity of the DIPs under undrained conditions.

• Journal of the Korean Society of Systems Engineering
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• v.16 no.2
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• pp.1-15
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• 2020

Nuclear power plants in South Korea are operated to cover the baseload demand. Hence they are operated at 100% rated power and do not deploy power tracking control except for startup, shutdown, or during transients. However, as the contribution of renewable energy in the energy mix increases, load follow operation may be needed to cover the imbalance between consumption and production due to the intermittent nature of electricity produced from the conversion of wind or solar energy. Load follow operation may be quite challenging since the operators need to control the axial power distribution and core reactivity while simultaneously conducting the power maneuvering. In this paper, a systems engineering approach for multi-physics load follow simulation of APR1400 is performed. RELAP5/SCDAPSIM/MOD3.4/3DKIN multi-physics package is selected to simulate the Korean Advanced Power Reactor, APR1400, under load follow operation to reflect the impact of feedback signals on the system safety parameters. Furthermore, the systems engineering approach is adopted to identify the requirements, functions, and physical architecture to provide a set of verification and validation activities that guide this project development by linking each requirement to a validation or verification test with predefined success criteria.

• KIEE International Transactions on Power Engineering
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• v.3A no.3
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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.

• Proceedings of the KSME Conference
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• 2001.06d
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• pp.689-696
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• 2001

Exergetic and thermoeconomic analysis were performed for a 200kW Phosphoric Acid Fuel Cell(PAFC) plant which offers many advantage for cogeneration in the aspect of high electrical efficiency and low emission. This analytical study was based on the data obtained by in-field measurement of PC25 fuel cell plant to find whether this system is viable economically. For 100% load condition, the electrical efficiency and the unit cost of electricity are about 45% and 0.032 $/kWh respectively, which turn out to be much better than those for the 1000kW gas turbine cogeneration plant. Further, at lower loads, the unit costs of electricity and hot water increase slightly and consequently more economic operation is possible at any loads.

• Journal of Electrical Engineering and Technology
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• v.4 no.3
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• pp.346-352
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• 2009

The eventual goal of this paper is to help the generating companies and load-serving entities to choose appropriate relative levels of interconnected system versus bilateral trades while considering risk, and economic performance. In competitive power markets, electricity prices are determined by balance between demand and supply in electric power exchanges or bilateral contracts. The problem formulation is bilateral contract incorporated into Multi-area unit commitment with import/export and tie-line constraints. This proposed method considers maximizing own profit or minimize the operating cost among the generating companies in multi-area system. The feasibility of the proposed algorithm has been demonstrated using IEEE system with four areas and experimental results shows that proposed method is reliable, fast and computationally efficient