• Title/Summary/Keyword: Long-term Marginal cost

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An Analytic Algotithm to Estimate Expected Generation and Marginal Costs (발전 및 한계비용의 해석적 추정법에 관한 연구)

  • 박영문;서보혁
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.31 no.7
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    • pp.1-10
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    • 1982
  • This paper derives the algorithm to estimate the operating cost, its marginal cost, and the reliability indices for the long term planning of power system. Treating the load duration curve and the system in the stochastic sense takes the place of the inverted load duration curve, effective load duration curve, and the numerical integration in the conventional methods. The time and accuracy of computation are substantially improved due to the fact that all expressions are represented by simple analytic form instead of the existing recursive form.

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Calculation of Distribution Service Tariffs using a Yardstick Regulation for Multiple Distribution Companies (다수의 배전회사에 대해 경쟁개념을 도입한 배전요금 산정에 관한 연구)

  • Ro, Kyoung-Soo;Sohn, Hyung-Seok
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.54 no.10
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    • pp.500-506
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    • 2005
  • With the advent of electric power systems moving to a deregulated retail electricity market environment, calculating distribution service tariffs has become a challenging theme for distribution industries and tariff regulators. As distribution business remains as a monopoly, it is necessary to be regulated. And as multiple distribution companies compete with each other, it would be efficient to adopt competition to the determination of distribution service tariffs. This paper proposes a method to calculate distribution service tariffs using yardstick regulation, which can lead to competition among multiple distribution companies. The proposed method takes into account not only recovering revenue requirements but also the advantages of the yardstick regulation based on long-term marginal costs of distribution network expansion algorithms. A computer simulation is carried out to illustrate effectiveness of the proposed method and it is estimated that the algorithm can be applied to compute the distribution service tariffs under retail electricity markets.

The Effect of Regional Differential Electricity Rate System using LMP (Locational Marginal Price) (LMP(Locational Marginal Price) 방식에 의한 지역별 차등 전기요금 제도의 효율성 분석)

  • Jaedo Song
    • Environmental and Resource Economics Review
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    • v.33 no.3
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    • pp.203-239
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    • 2024
  • The introduction of a regional differential electricity rate system is being discussed, and the LMP (Locational Marginal Price) method is mentioned as a promising alternative. Under this background, this study analyzed a mathematical model and suggests that the LMP method produces results that maximize social welfare. The analysis was conducted separately for long-term decision-making where transmission capacity can be expanded, and for short-term decision-making in which transmission capacity is given. The analysis for short-term decision-making was conducted for peak load situations where capacity is insufficient and for non-load situations with spare capacity. The results of the analysis suggested that the price to maximize social welfare is equal to the marginal power generation cost by region, and the difference in marginal cost by region reflects the value lost due to transmission loss and compensation for transmission network investment. In addition, if the transmission capacity is less than the optimal capacity, the compensation for transmission network investment exceeds the incremental cost, providing an incentive to invest in the transmission network. If the transmission capacity exceeds the optimal capacity, the compensation for transmission network investment becomes lower than incremental cost or zero and the investment is not recovered, suppressing the investment in transmission networks. The results are the same as the LMP method suggests, and this means that this method maximizes social welfare and provides an optimal transmission network investment signal. The above analysis results contribute to understanding the characteristics of LMP. In addition, this study discussed what changes are needed in the electricity market when introducing the LMP concept.

Consideration of Ambiguties on Transmission System Expansion Planning using Fuzzy Set Theory (애매성을 고려한 퍼지이론을 이용한 송전망확충계획에 관한 연구)

  • Tran, T.;Kim, H.;Choi, J.
    • Proceedings of the KIEE Conference
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    • 2004.11b
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    • pp.261-265
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    • 2004
  • This paper proposes a fuzzy dual method for analyzing long-term transmission system expansion planning problem considering ambiguities of the power system using fuzzy lineal programming. Transmission expansion planning problem can be formulated integer programming or linear programming with minimization total cost subject to reliability (load balance). A long-term expansion planning problem of a grid is very complex, which have uncertainties fur budget, reliability criteria and construction time. Too much computation time is asked for actual system. Fuzzy set theory can be used efficiently in order to consider ambiguity of the investment budget (economics) for constructing the new transmission lines and the delivery marginal rate (reliability criteria) of the system in this paper. This paper presents formulation of fuzzy dual method as first step for developing a fuzzy Ford-Fulkerson algorithm in future and demonstrates sample study. In application study, firstly, a case study using fuzzy integer programming with branch and bound method is presented for practical system. Secondly, the other case study with crisp Ford Fulkerson is presented.

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Economics of the Plant Species Used in Homestead Agroforestry of Southern Bangladesh

  • Rana, Md. Parvez;Akhter, Sayma;Sohel, Md. Shawkat Islam
    • Journal of Forest and Environmental Science
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    • v.25 no.1
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    • pp.35-41
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    • 2009
  • Agroforestry combines agriculture and forestry technologies to create more integrated, diverse, productive, profitable, healthy and sustainable land-use systems. This study was performed in three union of Chhagalnaiya Upazila (Sub-district; administrative entity) under Feni district, Southern Bangladesh with a view to identify the tree resources, utilization pattern and economic return of major fruit and timber tree species. Information collected from a total of 45 households ranging from marginal, small, medium and large categories. Number of plant species increased with the increase of homestead area. A total of 39 plant species were recorded from the homegarden, of which 23 were fruit and 16 were timber tree species. Considerable number of vegetables was also planted under the shade of the homestead trees. The investment analysis showed that average benefit-cost ratios were greater than one, net present values were positive and internal rate of returns were more than 10%. Long term investment on horticulture and timber tree species is highly profitable if species like Swietenia mahagoni and Tectona grandis, Spondias pinnata, Syzygium cumini and Areca catechu were planted.

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A Retrospective Clinical Study of Survival Rate for a Single Implant in Posterior Teeth (구치부 단일 임플란트의 생존율에 대한 후향적 연구)

  • Han, Sung-Il;Lee, Jae-Hoon
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.34 no.3
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    • pp.186-199
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    • 2012
  • Purpose: Single implants, of which screw loosening has been observed frequently, presents problems such as fixtures fractures, marginal bone loss, and inflammation of the soft tissue around the implant. However, the single implant is more conservative, cost effective, and predictable compared to the 3 unit bridge with respect to the long-term outcome. This study evaluated the survival rate as well as future methods aimed at increasing the survival rate in single implants in posterior teeth. Methods: Among the implants placed in the Dankook University Dental Hospital department of Oral & Maxillofacial surgery from January 2001 to June 2008, 599 implants placed in the maxillar and mandibular posterior were evaluated retrospectively. Survival rates were investigated according to implant location, cause of tooth loss, gender, age, general disease, fixture diameter and length, surface texture, implant type and shape, presence of bone graft, surgery stage, surgeons, bone quality and opposite teeth. Results: Out of 599 single implants in posterior teeth, 580 implants survived and the survival rate was 96.8%. The difference in survival rate was statistically significant according to the implant location. The survival rate was low (84.2%) in implants exhibiting a wide diameter (${\geq}5.1mm$) and the surface treated by the acid etching group demonstrated a significantly lower survival rate (91.1%). One stage surgical procedure, which implemented a relatively better bone quality survival rate (100%), was higher than the two stage surgical procedure (96.1%). The survival rate of type IV bone quality (75%) was significantly lower than the other bone quality. Conclusion: Single posterior teeth implant treatments should use an improved surface finishing fixture as well as careful and safe procedures when performing implant surgery in the maxilla premolar and molar regions since bone quality is poor.