• The Transactions of the Korean Institute of Electrical Engineers A
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• v.55 no.2
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• pp.76-84
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• 2006

Interstate electric power system, as an alternative for energy cooperation under regional economic block, has been hotly debated before progressing the restructure in electric power industry and rapidly expanded in many regions after 1990s. Especially, since northeast asia has strong supplementation in resource, load shape, fuel mix etc., interconnection of electric power systems in this region may bring considerable economic benefits. This paper implements a mathematical optimization model, ORIRES, proposed by Russia, in analysing the economic feasibility of system interconnection. Additional analyses on the environmental impact of the system interconnection, and sensitivity of key factor inputs have been performed.

• 한국신재생에너지학회:학술대회논문집
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• 2007.11a
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• pp.357-360
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• 2007

Any investment analysis has to deal with the uncertainty that arises over the course of operating the invested project. When it comes to an wind power, such analysis gets even more complicated, as the wind resource or the current is inherently unstable and unpredictable. Different from predecessors in the field of analyzing wind power economics, this paper proposes a stochastic methodology of analyzing the economic efficiency of an investment in wind power to explicitly address those uncertainties or risks. A probability distribution is assigned to each variable to generate a probability distribution of the economic value of an investment through a Monte-Carlo simulation

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.49 no.6
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• pp.266-271
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• 2000

The electric power industries are moving from the conventional monopolistic or vertically integrated environments to deregulated and competitive environments, where each participant is concerned with profit maximization rather than system-wide costs minimization. Consequently, the conventional least-cost approaches for the generation resource schedule can not exactly handle real-world situations. This paper presents a game theory application for analyzing power transactions and market design in a deregulated energy marketplace, where the market participants determine the net profits through the optimal bidding strategies. The demand elasticity of the energy price is considered for the realistic modeling of the deregulated marketplace.

• Proceedings of the IEEK Conference
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• 2003.11c
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• pp.195-199
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• 2003

BEE 802.11 Wireless LAN protocol uses fixed transmission power. It does not consider a power control mechanism based on the distance between the transmitter and the receiver in order to improve overall channel utilization. In home environment, where stations generally lie around an AP, the AP is subject to use transmission power more than it needs. And wireless LAN stations may require different minimal desired received power. If there are many adjacent BSSs in densely populated WLAN area, they might cause RF interference to one another. In this paper we focus on the improvement of aggregate utilization by mitigating RF interference among BSSs. We show that RF interference by APs can be reduced by controlling transmission power using Link Margin information. The reduced interference will then lead to the increased aggregate throughput which is efficient resource utilization.

• Proceedings of the KIPE Conference
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• 2001.07a
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• pp.58-62
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• 2001

Photovoltaic and wind power generation have an advantage of unlimited and unpolluted amount of energy resource. In conventional wind generation systems, since the blade rotates at low speed when the velocity of wind decreases their operations are possible only under limited conditions. Therefore they are in trouble of self-generation without the help of auxiliary generation devices outside. The system driven by the wind force in this paper consists of a generator, an invertor, batteries and sets for power storage with a spring. In this paper, the operation characteristics of system were analyzed through experiments for a trial product.

• Proceedings of the KIEE Conference
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• 2005.07b
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• pp.1759-1761
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• 2005

The exploitation of the resource wind energy is a rapidly growing area world-wide. The number of installed units is continuously increasing, and therefore, it is important to respect and to deal with the impact of wind power generation system. From the view of an electric grid utility, there is a major problem with the impact of the wind system on the voltage of the electric grid, to which a turbine in connected. The problem is rather common in the connection of a wind power system to an already existing grid, since the grid is very seldom designed for the transmission of additional power. In this paper, it is investigated the voltage impact of distribution line, to which wind power generation system is connected.

• Journal of the Korean Society of Industry Convergence
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• v.25 no.1
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• pp.71-78
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• 2022

With the advent of cutting-edge technology, renewable energy is significantly considered as alternative resources to supply electric power. However, many barriers such as energy intermittency, high initial installation cost, and low-efficiency generation challenged building new infrastructure with clean energy. Efforts reducing greenhouse gas emissions and reliance on fossil fuels resulted in the decentralization of power generation like distributed energy resource (DER). This paper is to introduce and evaluate the feasibility of building-integrated photovoltaics (BIPV) in a high-rise building in Ulsan. To optimize BIPV, a variety of methods to minimize efficiency decrease and maximize electric power generation after installing BIPV on the building's facade are suggested. The variables causing power losses are analyzed. By utilizing System Advisor Model (SAM), actual power generated from solar panels is measured by Thin-film PV, Mono-crystalline PV, and Poly-crystalline PV.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.55 no.3
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• pp.128-132
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• 2006

Interstate electric power system, as an alternative for energy cooperation under regional economic bloc, has been hotly debated before progressing the restructure in electric power industry and rapidly expanded in many regions after 1990s. Especially, since northeast asia has strong supplementation in resource, load shape, fuel mix etc., electric power system interconnection in this region may bring considerable economic benefits. Moreover, since Korean electric power system has a great difficulty in a geographical condition to interrupt electricity transaction with other countries, it has been expanded as an independent system to supply all demand domestically. As a result, Korean electric power system makes considerable payment for maintaining system security and reliability and expands costly facilities to supply a temporary summer peak demand. Under this inefficiency, if there are electricity transactions with Russia via the North Korea route then economic electric power system operation nay be achieved using seasonal and hourly differences in electricity price and/or load pattern among these countries. In this paper, we estimate price cap of transacted electricity via interstate electric power system in northeast asia. For this study, we perform quantitative economic analysis on various system interconnection scenarios.

• Environmental and Resource Economics Review
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• v.23 no.4
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• pp.583-615
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• 2014

Including the rolling black out in 2011, Korea has suffered from rapid increase of electricity consumption and demand forecasting failure for last five years. In addition, because of the Fukushima disaster, high fuel prices, and introduction of new generation sources such as renewables, the uncertainty on a power supply strategy increases. Consequently, a stable power supply becomes the new agenda and a revisino of strategy for new power generation sources is needed. In the light of this, we appraises the sixth basic plan for long term electricity demand and supply considering the changes of foreign and domestic conditions. We also simulate a strategy for the new power generation sources using a portfolio analysis method. As results, a diversity of power generation sources will increase and the share of renewable power generation will be surged on the assumptions of a cost reduction of renewable power sources and an increase of fuel costs. Particularly, on the range of a risk level(standard deviation) from 0.06 and 0.09, the efficient frontier has the most various power sources. Besides, the existing power plan is not efficient so that an improvement is needed. Lastly, the development of an electricity storage system and energy management system is necessary to make a stable and efficient power supply condition.

• Environmental and Resource Economics Review
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• v.22 no.2
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• pp.367-391
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• 2013

After the Fukushima nuclear accident, the external costs of generating electricity from nuclear power plants such as additional safety compliance costs and possible accident risk action costs have gained increasing attention from the public, policy-makers and politicians. Consequently, estimates of the external costs of nuclear power are very deliberate issue that is at the center of the controversy in Korea. In this paper, we try to calculate the external costs associated with the safety of the nuclear power plants, particularly focusing on additional safety compliance costs and possible accident risk action costs. To estimate the possible accident risk action costs, we adopt the damages expectation approach that is very similar way from the external cost calculation of Japanese government after the Fukushima accident. In addition, to estimate additional safety compliance costs, we apply the levelized cost of generation method. Furthermore, we perform the sensitivity analysis to examine how much these social costs increase the electricity price rate. Estimation results of the additional security measure cost is 0.53Won/kWh ~ 0.80Won/kWh depending on the capacity factor, giving little change on the nuclear power generation cost. The estimates of possible accident risk action costs could be in the wide range depending on the different damages of the nuclear power accident, probability of the severe nuclear power accident and the capacity factor. The preliminary results show that it is 0.0025Won/kWh ~ 26.4188Won/kWh. After including those two external costs on the generation cost of a nuclear power plant, increasing rate of electricity price is 0.001%~10.0563% under the capacity factor from 70% to 90%. This paper tries to examine the external costs of nuclear power plants, so as to include it into the generation cost and the electricity price. This paper suggests one of the methodologies that we might internalize the nuclear power generations' external cost, including it into the internal generation cost.