• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.1
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• pp.20-24
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• 2008

A bid-based pool(BBP) model is representative of energy market structure in a number of restructured electricity markets. Supply function equilibrium(SFE) models of interaction better match what is explicitly required in the bid formats of typical BBP markets. Many of the results in the SFE literature involve restrictive parametrization of the bid cost functions. In the SFE models, two parameters, intercept and slope, are available for strategic bidding. This paper addresses the realistic competition format that players can choose both parameters arbitrarily. In a fixed demand function, equilibrium conditions for generation company's profit maximization have a degree of freedom, which induces multi-equilibrium. So it is hard to choose a convergent equilibrium. However, consideration of stochastic demand function makes the equilibrium conditions independent each other based on the amount of variance of stochastic demand function. This variance provides the bidding players with incentives to change the slope parameter from an equilibrium for a fixed demand function until the slope parameter equilibrium.

• Journal of Electrical Engineering and Technology
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• v.10 no.4
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• pp.1460-1470
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• 2015

This paper presents an approach to solve the long-term generation expansion planning problem of the restructured electricity industry using an agent-based environment. The proposed model simulates the generation investment decisions taken by a particular agent (i.e. a generating company) in a market environment taking into account its competitors’ strategic investment. The investment decision of a particular company is modeled taking into account that such company has imperfect foresight on the future system development hence electricity prices. The delay in the construction of new plants is also explicitly modeled, in order to compute accurately the yearly revenues of each agent. On top of a conventional energy market, several capacity incentive mechanisms including capacity payment and capacity market are simulated, so as to assess their impact on the investment promotion for generation expansion. Results provide insight on the investment cycles as well as dynamic system behavior of long-term generation expansion planning in a competitive electricity industry.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.19
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• pp.96-118
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• 2003

Government tries to revise the article 25 in Korea Maritime Transport Act which describes subject of coastal carriage for exported-imported container cargoes. The subject of coastal carriage will be replaced coastal carrier by ocean liner carrier according to the revised article 25. By adopting the revised article, coastal shipping industry will be deteriorated in terms of returns on investment, sales and etc. Even though the revision is inevitable to harmonize the flow of exported-imported container cargo movement, coastal shipping industry should be developed and restructured to get competitive power and to set up an efficient international logistics system. To enhance competitive power of coastal shipping companies successfully, government must realize the importance of coastal shipping, and aid the industry through various methods such as arrangement of law and regulation, indirected financial assistance, decrease of tax rate, etc.

• Journal of the Society of Naval Architects of Korea
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• v.40 no.1
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• pp.47-54
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• 2003

The majority of small/medium sized shipbuilders in Korea is poor in capital and then, should be restructured as an efficient production system with low investment. Due to considering this situation, the cooperative work system is proposed, in this study, as more effective production system for small/medium sized shipbuilder The cooperative work system Is the production system that many small/medium sized shipbuilders in a group jointly share the common facilities except minimum equipments and have managerial cooperation such as joint purchase of raw materials. The efficiency of cooperative work system is proved from economic and technical point of view with the case study of FRP shipbuilders of Sapjin industrial complex located at Mokpo area.

• Journal of Technology Innovation
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• v.11 no.2
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• pp.219-238
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• 2003

This study aims to investigate the impact of wide use of digital technology, in particular, the Internet, on innovation process and corporate strategy in electronics industry. The introduction of digital technology has changed innovation process, business model and organizational structure of the electronics companies. With the wide use of digital technology, the entire value chain of electronics industry from procurement, sales, and marketing to R&D and manufacturing has been restructured. This paper examine how digital technology has changed firms' behaviors in various areas through e-commerce, virtual reality and simulation, the rise of a new type of firm called EMS (Electronics Manufacturing Services), and etc. Amidst these changes building up innovation-friendly organization has emerged as a critical concern for firms. Due to the striking decrease of transaction cost, a network type of organization has proliferated, and a business function turns into a modular organization. As a whole, digital technology has pushed electronics firms into developing their own business model, which takes consideration of standardization of business platform and their core competency.

• Proceedings of the KIEE Conference
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• summer
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• pp.725-727
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• 2004

As the electrical power industry is restructured, the electrical power exchange is extended. In Cheju, demand increases about $10\%$ every year To cope with future demand, HVDC System usage should grow, This paper proposes optimal transfer capability of Haenam-Cheju fm System through cost optimization that considers generating cost, receiving cost and outage cost.

• Proceedings of the KIEE Conference
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• 2002.07a
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• pp.386-388
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• 2002

The key objectives of this study are to develop the enhanced electricity system analysis methodologies and decision making process applicable to the analysis of the energy policies, especially the renewable energy policy, through surveying the recent trend and relevant study results. This study utilizes DECADES model, a comparative assessment tool developed by IAEA, and suggests a way to establish DECADES database required to make it applicable to Korean electricity system analysis. For this, a survey on the existing database of various organizations is performed. A case study on the economic and environmental impact of renewable energy is made using DECADES model.

• The Journal of Sustainable Design and Educational Environment Research
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• v.6 no.1
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• pp.25-48
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• 2007

Korean government implemented the Build-Transfer-Lease (BTL) mechanism since 2005 as one of the privatization methods to procure the social infrastructure with private investment. The mechanism was originally prepared 10 provide such public properties as education facilities, child-care facilities, old generation recuperation facilities, medical welfare facilities, military personnel's apartments, environment facilities, and lease apartments. Since 2005, a total of 13.5 trillion won-valued private fund has been directed to the public educational facilities, which occupies 58% of the total private investment in the facilities of the seven categories. However, many officials in the local public entities have anticipated that the local entities need to be restructured or downsized because of the privatization in stead of providing the educational facilities by governmental finance. The main objective of this study is to identify the appropriate technocrat organization structures to manage the privatization procedures.

• MALSORI
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• no.40
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• pp.29-49
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• 2000

This study has two aim: one is to clarify the restructuring of English in utterance and the other is to make use of text-setting to be applied to getting accustomed to the English rhythm and pronunciation. Clitics prove to play a crucial role on the English restructuring, and are found to be attached to their previous and to their next head or host, thus forming, respectively, an on-cliticized rhythm, trochee and a pro-cliticized rhythm, iambus. En-cliticization proves to be preferred to pro-cliticization in most types of English rhythms. Accordingly, the restructuring turn out to occur all over the levels of the Prosodic Hierarchy. That is, syllables, words and clitic groups are restructured in poetry as well as in song words, which means the necessity of restructuring throughout the levels of the Prosodic Hierarchy from the syllable to the utterance. The present study suggests a good use of a rhythmic textsetting for learners of English to get accustomed to the stress-timed rhythm as well as to such changes in pronunciation as reductions, deletions, resolutions, contractions, and rhythms in English.

• Proceedings of the KIEE Conference
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• 2008.07a
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• pp.91-92
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• 2008

The rating of a circuit breaker depends not only on the interrupting current but also on a transient recovery voltage (TRV). To achieve a successful interruption, the circuit breaker must withstand the TRV. A superconducting fault current limiter (SFCL) is a device that limits the fault current fast and effectively without having high impedance during normal operation of the power system. Therefore, we studied the influence of the TRV according to the application of a resistive type SFCL in distribution system. This paper analyses the influence of the TRV for various application position of the resistive SFCL. The distribution system and the resistive SFCL were modeled by using EMTP-RV (Electromagnetic Transient Program - Restructured Version)