• Asia-Pacific Journal of Business
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• v.13 no.1
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• pp.263-275
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• 2022

Purpose - This study estimated the non-market value of pumped storage power generation using the contingent valuation method(CVM). Design/methodology/approach - CVM, a non-market value estimation method, was used. The perception of pumped storage power generation and the willingness to pay(WTP) for pumped storage power generation were investigated among 612 randomly selected households. Findings - It was analyzed that the average value per household was 7309.99 won/month, and the sources of these benefits were 1819.37 won due to the improvement of power generation efficiency, 1320.48 won due to the improvement of power system reliability, 2359.24 won due to the stabilization of electricity rates, 2110.89 won due to water resource management It was assumed that a circle occurred. If the average monthly benefit per household is expanded to cover countries across the country, it is estimated that the annual value to our society from pumped storage power generation will be KRW 1.796.6 trillion. Research implications or Originality - It is necessary to consider the operation of pumped-water power generation by reflecting the value of pumped-up power generation that is not evaluated in the market. Since Korea's electricity market is isolated in a state where it is impossible to connect with other countries, it may be vulnerable to a stable electricity operation system. Therefore, there is a need for a facility that can stably secure reserve power and produce power quickly when necessary. If pumped-water power generation is actively used for power operation, a more stable power system can be secured.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.63 no.7
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• pp.867-874
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• 2014

The pumped storage power plants have excellent load following characteristics. It can also be committed quickly for synchronous reserve when it is in the generating mode because it can readily increase its generating power and, consequently, increases the overall system reliability. There are strong incentives for standing the system reliability. Additionally, $CO_2$ emission can be typically impacted due to operation of pumped generators. The increase or decrease of $CO_2$ depends on the generation mix. This paper proposes evaluation of reliability, economy and environment of power system considering pumped generator. This paper describes three case studies of the reliability and economy and environment according to capacity factor and storage capacity of pumped generators. The probabilistic production simulation model is used in this paper. The practicality and effectiveness of the proposed approach are demonstrated by simulation studies for a real size power system model on the $5^{th}$ power plan in Korea.

• Journal of the Korean Operations Research and Management Science Society
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• v.15 no.1
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• pp.99-115
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• 1990

This paper is concerned with the unit commitment problem in an electric power system with both thermal and pumped-storage hydroelectric units. This is a mixed integer programming problem and the Lagrangean relaxation method is used. We show that the relaxed problem decomposes into two kinds of subproblems : a shortest-path problem for each thermal unit and a minimum cost flow problem for each pumped-storage hydroelectric unit. A method of obtaining an incumbenet solution from the solution of a relaxed problem is presented. The Lagrangean multipliers are updated using both subgradient and incremental cost. The algorithm is applied to a real Korean power generation system and its computational results are reported and compaired with other works.

• Transactions on Electrical and Electronic Materials
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• v.7 no.2
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• pp.90-95
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• 2006

An on-line diagnostic test has been studied and performed for the pumped storage generator/motor. This study aims at reducing the diagnostic cost, minimizing the technical dependency on third party manufactures. Further design of on-line diagnostic system such as shorted-turn of rotor winding, partial discharge (PD) of stator winding and air-gap between stator and rotor for pumped storage generator/motor has been verified. In addition, it needs to be validated on site performance of the developed continuous on-line monitoring system for corresponding tasks for the improvement of the availability & reliability during operation.

• Proceedings of the KIEE Conference
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• 2001.05a
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• pp.108-111
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• 2001

The electric power industries in Korea are launched into deregulation by introducing the CBP(Cost Based Pool), where generation sector of KEPCO was divided into six generation companies and the other sectors of KEPCO remains vertically integrated system. In deregulated market, participants are concerned with maximization of their profit rather than minimization of system-wide costs. Consequently, there are difficulties in applying the cost minimization for the scheduling of generation resources to CBP, because of the operation of pumped-storage hydroplants. This paper presents an operation method of pumped storage hydroplants which is helpful for the economic operation of power system considering the market in the CBP.

• Fire Science and Engineering
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• v.20 no.4 s.64
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• pp.125-130
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• 2006

Pumped storage power plant is a system of generating electricity with hydroelectric power, in which at times of low electrical demand such as during nights, excess generation capacity of many power plants is used to pump water into the higher reservoir, and when there is higher demand, water is released back into the lower reservoir through a turbine, generating electricity. As pumped storage power plants across the nation are not on building registry under "the Article 6 of the Special Act by the Development of Power Resources", they are classified as a structure, not as a building. As a result, permit of fire protection facility is unnecessary, and fire protection administration is excluded from approval to completion of construction. Therefore, this study is to improve problems in accordance with the application of "he Article 6 of the Special Act by the Development of Power Resources", repair of facilities and problems with safety control to effectively prevent similar damages from repeatedly happening to pumped storage power plants in operation or under construction nationwide during a fire.

• JOURNAL OF ELECTRICAL WORLD
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• no.6 s.126
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• pp.38-43
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• 1987

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.149-151
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• 2005

A new approach considering CO2 air pollution constraints in the long-term generation mix is proposed under uncertain circumstances. A characteristic feature of the presented approach in this paper is what effects give the air pollution constraints in long term best generation mix. Best generation mix problem is formulated by linear programming with fuel and construction cost minimization with load growth, reliability (reserve margin rate) and air pollutionconstraints. The proposed method accommodates the operation of pumped-storage generator. It was assumed in this study that the construction planning of the hydro power plants is given separately from the other generation plans. The effectiveness of the proposed approach is demonstrated by applying to the best generation mix problem of KEPCO-system, which contains nuclear, coal, LNG, oil and pumped-storage hydro plant multi-years.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.56 no.8
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• pp.1343-1350
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• 2007

This paper describes the tests on the reactive power output limit and the Over-Excitation Limiter (OEL) dynamics of a generation unit. The suggested test methods on reactive limit can identify the allowable maximum/minimum reactive power at 100% rated MW in the steady-state unit operation condition. The on-line OEL test method can identify the time characteristics of OEL with the generation output at 50% of the rated MW. These methods are validated by applying to four Yang-Yang pumped storage units with 282 rated MVA each.

• The Transactions of the Korean Institute of Electrical Engineers
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• v.40 no.6
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• pp.551-561
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• 1991

The probabilistic generation simulation plays a key role in power system expansion and operational planning especially for the calculation of expected energy, loss of load probaility and unserved energy expected. However, it is crucial to develop a probabilistic generation simulation algorithm which gives sufficiently precise results within a reasonable computation time. In a previous paper, we have proposed an efficent method using Fast Hartley Transform in convolution process for considering the thermal and nuclear units. In this paper, a method considering the scheduling of pumped-storage plants and hydro plants with energy constraint is proposed. The method also adopts FHT techniques. We improve the model to include multi-state and multi-block generation. The method has been applied for a real size model system.