• New & Renewable Energy
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• v.7 no.4
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• pp.10-17
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• 2011

Recently, electricity industry is facing high market uncertainty which has ever had and which increase risks in power market. In this study, we analyze risk factors such as discount rates, initial investment (overnight cost), plant factor, fuel cost, carbon price, etc, for the perspective of investor. For the analysis of risk factors, we used LCOE method. The results of this study show that renewable energy is more affected by plant factor and overnight cost than other risk factors. First, Renewable energy has higher proportion of overnight cost in the total investment than that of other technologies. Second, renewable energy is free of fuel cost and carbon price so plant factor is the most important factor, in other words, competitiveness of renewable energy depends on plant factor. Furthermore, we conducted economic feasibility of wind power and PV in domestic case study. The minimum requirement condition to get profitability is that plant factor 15% and overnight cost \6,000,000/kW and 26%, \2,200,000/kW for PV and Wind Power, respectively.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.3
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• pp.513-521
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• 2017

Robust optimal operation of a microgrid is required since the increase of the penetration level of renewable generators in the microgrid raises uncertainty due to their intermittent power output. In this paper, an application of probabilistic optimization method to economical operation of a microgrid is studied. To simplify the treatment of the uncertainties of renewable generations and load, the new 'band of virtual equivalent load variation' is introduced considering their uncertainties. A simplified robust optimization methodology to generate the scenarios within the band of virtual equivalent load variation and to obtain the optimal solution for the worst scenario is presented based on Monte Carlo method. The microgrid to be studied here is composed of distributed generation system(DGs), battery systems and loads. The distributed generation systems include combined heat and power(CHP) and small generators such as diesel generators and the renewable energy generators such as photovoltaic(PV) systems and wind power systems. The modeling of the objective function for considering interruption cost by the penalty function is presented. Through the case study for a microgrid with uncertainties, the validity of proposed robust optimization methodology is evaluated.

• Smart Structures and Systems
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• v.24 no.6
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• pp.733-744
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• 2019

Wind speed forecasting is critical for a variety of engineering tasks, such as wind energy harvesting, scheduling of a wind power system, and dynamic control of structures (e.g., wind turbine, bridge, and building). Wind speed, which has characteristics of random, nonlinear and uncertainty, is difficult to forecast. Nowadays, machine learning approaches (generalized regression neural network (GRNN), back propagation neural network (BPNN), and extreme learning machine (ELM)) are widely used for wind speed forecasting. In this study, two schemes are proposed to improve the forecasting performance of machine learning approaches. One is that optimization algorithms, i.e., cross validation (CV), genetic algorithm (GA), and particle swarm optimization (PSO), are used to automatically find the optimal model parameters. The other is that the combination of different machine learning methods is proposed by finite mixture (FM) method. Specifically, CV-GRNN, GA-BPNN, PSO-ELM belong to optimization algorithm-assisted machine learning approaches, and FM is a hybrid machine learning approach consisting of GRNN, BPNN, and ELM. The effectiveness of these machine learning methods in wind speed forecasting are fully investigated by one-year field monitoring data, and their performance is comprehensively compared.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.64 no.4
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• pp.505-514
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• 2015

This paper proposes a probabilistic generation assessment model of renewable energy generators(REGs) considering uncertainty of resources, mainly focused on Wind Turbine Generator(WTG) and Solar Cell Generator(SCG) which are dispersed widely in South Korea The proposed numerical analysis method assesses the one day-ahead generation by combining equivalent generation characteristics function and probabilistic distribution function of wind speed(WS) and solar radiation(SR) resources. The equivalent generation functions(EGFs) of the wind and solar farms are established by grouping a lot of the farms appropriately centered on Weather Measurement Station(WMS). First, the EGFs are assessed by using regression analysis method based on typical least square method from the recorded actual generation data and historical resources(WS and SR). Second, the generation of the REGs is assessed by adding the one day-ahead resources forecast, announced by WMS, to the EGFs which are formulated as third order degree polynomials using the regression analysis. Third, a Renewable Energy Generation Assessment System(REGAS) including D/B of recorded actual generation data and historical resources is developed using the model and algorithm predicting one day-ahead power output of renewable energy generators.

• International Journal of Naval Architecture and Ocean Engineering
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• v.13 no.1
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• pp.641-649
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• 2021

Fuel oil consumption (FOC) must be minimized to determine the economic route of a ship; hence, the ship power must be predicted prior to route planning. For this purpose, a numerical method using test results of a model has been widely used. However, predicting ship power using this method is challenging owing to the uncertainty of the model test. An onboard test should be conducted to solve this problem; however, it requires considerable resources and time. Therefore, in this study, a deep feed-forward neural network (DFN) is used to predict ship power using deep learning methods that involve data pattern recognition. To use data in the DFN, the input data and a label (output of prediction) should be configured. In this study, the input data are configured using ocean environmental data (wave height, wave period, wave direction, wind speed, wind direction, and sea surface temperature) and the ship's operational data (draft, speed, and heading). The ship power is selected as the label. In addition, various treatments have been used to improve the prediction accuracy. First, ocean environmental data related to wind and waves are preprocessed using values relative to the ship's velocity. Second, the structure of the DFN is changed based on the characteristics of the input data. Third, the prediction accuracy is analyzed using a combination comprising five hyperparameters (number of hidden layers, number of hidden nodes, learning rate, dropout, and gradient optimizer). Finally, k-means clustering is performed to analyze the effect of the sea state and ship operational status by categorizing it into several models. The performances of various prediction models are compared and analyzed using the DFN in this study.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.1
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• pp.26-32
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• 2010

This paper proposes a new effective installed reserve rate in order to evaluate reliability of power system considering renewable generators, which include uncertainty of resource supply. It is called EIRR(effective installed reserve rate) in this paper. It is developed with considering capacity credit based on ELCC by using LOLE reliability criterion. While the conventional installed reserve rate index yields over-evaluation reliability of renewable generators, the proposed EIRR describes actual effective installed reserve rate. However, it is not the probabilistic reliability index as like as LOLE or EENS but another deterministic effective reliability index. The proposed EIRR is able to evaluate the realistic contribution to the reliability level for power system considering wind turbine generators and solar cell generators with high uncertainty in resource supply. The case study in model system as like as Jeju power system size presents a possibility that the proposed EIRR can be used practically as a new deterministic reliability index for generation expansion planning or operational planning in future.

• Current Photovoltaic Research
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• v.8 no.3
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• pp.86-93
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• 2020

The investment in solar and wind generation is rapidly increasing with government's renewable expansion policy and Renewable Portfolio Standard (RPS). Since the large penetration of solar and wind generation increases the variability and uncertainty of supply and demand balance in power system, the government is pursuing the policy of supplying energy storage system (ESS) linked to renewable energy. ESS contributes to the ease of transmission and distribution grid by shifting PV generation from daytime to evening hours. Recently, the declining market price of REC as ESS incentive, policies to cut down incentives and limited ESS storage due to fire events lead to the aggravation of long-term profitability, thus working as a barrier of ESS spreading. In this study, the factors affecting the profit of ESS are analyzed and brief indicators are derived. Based on the indicators, the profit changes are analyzed considering the variation of REC market price and REC incentive weights. Based on the profit change with respect to the increase of ESS capacity, economical ESS installation capacity is suggested.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.10
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• pp.1823-1831
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• 2011

When the RPS(Renewable Portfolio Standards) becomes effective in 2012, the use of renewable energy will be dramatically increased. However, there are no production simulations and demand supply programs that reflect the characteristics of the renewable energy. This paper analyzes correlations of the domestic wind power and solar power generation pattern in different areas and those of these sources' output and load pattern. Based on the regional correlation analysis, an appropriate method that uses a average output of the renewable energy or another modeling that takes account of uncertainty could be selected. Because it's output is dependent on weather condition, we can not control the generation of renewable energy, that is the reason why the correlation between the load and output pattern of sources can be helpful to determine whether the renewable energy is modeled as a generator or load modifier. Through this analysis, a basis will be provided in order to properly model the renewable energy source.

• Smart Structures and Systems
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• v.17 no.2
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• pp.209-230
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• 2016

The Canton Tower is a high-rise slender structure with a height of 610 m. A structural health monitoring system has been instrumented on the structure, by which data is continuously monitored. This paper presents an investigation on the identified modal properties of the Canton Tower using ambient vibration data collected during a whole day (24 hours). A recently developed Fast Bayesian FFT method is utilized for operational modal analysis on the basis of the measured acceleration data. The approach views modal identification as an inference problem where probability is used as a measure for the relative plausibility of outcomes given a model of the structure and measured data. Focusing on the first several modes, the modal properties of this supertall slender structure are identified on non-overlapping time windows during the whole day under normal wind speed. With the identified modal parameters and the associated posterior uncertainty, the distribution of the modal parameters in the future is predicted and assessed. By defining the modal root-mean-square value in terms of the power spectral density of modal force identified, the identified natural frequencies and damping ratios versus the vibration amplitude are investigated with the associated posterior uncertainty considered. Meanwhile, the correlations between modal parameters and temperature, modal parameters and wind speed are studied. For comparison purpose, the frequency domain decomposition (FDD) method is also utilized to identify the modal parameters. The identified results obtained by the Bayesian method, the FDD method and a finite element model are compared and discussed.

• Smart Structures and Systems
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• v.17 no.3
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• pp.471-489
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• 2016

Modal identification based on ambient vibration data has attracted extensive attention in the past few decades. Since the excitation for ambient vibration tests is mainly from the environmental effects such as wind and traffic loading and no artificial excitation is applied, the signal to noise (s/n) ratio of the data acquired plays an important role in mode identifiability. Under ambient vibration conditions, certain modes may not be identifiable due to a low s/n ratio. This paper presents a study on the mode identifiability of an instrumented cable-stayed bridge with the use of acceleration response data measured by a long-term structural health monitoring system. A recently developed fast Bayesian FFT method is utilized to perform output-only modal identification. In addition to identifying the most probable values (MPVs) of modal parameters, the associated posterior uncertainties can be obtained by this method. Likewise, the power spectral density of modal force can be identified, and thus it is possible to obtain the modal s/n ratio. This provides an efficient way to investigate the mode identifiability. Three groups of data are utilized in this study: the first one is 10 data sets including six collected under normal wind conditions and four collected during typhoons; the second one is three data sets with wind speeds of about 7.5 m/s; and the third one is some blind data. The first two groups of data are used to perform ambient modal identification and help to estimate a critical value of the s/n ratio above which the deficient mode is identifiable, while the third group of data is used to perform verification. A couple of fundamental modes are identified, including the ones in the vertical and transverse directions respectively and coupled in both directions. The uncertainty and s/n ratio of the deficient mode are investigated and discussed. A critical value of the modal s/n ratio is suggested to evaluate the mode identifiability of the deficient mode. The work presented in this paper could provide a base for the vibration-based condition assessment in future.