• 대한전기학회논문지:전력기술부문A
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• 제55권12호
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• pp.536-543
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• 2006

This paper uses Monte Carlo technique, which is one of probabilistic methods of estimating the economical quantity of electric power generation in consideration of voltage stability in the aspect of power generation companies. In the power exchange system in Korea, when power generation companies participate in tenders for power generation capacity at the power exchange, they need to determine their power supply capacity considering the stability of electric power system. Thus, we purposed to propose an algorithm for estimating economical power generation capacity in theaspect of power generation companies, through which we can estimate the margin for voltage stability through P-V curve analysis by capacity according to the change of power generation capacity in a simulated system and to conduct Monte Carlo simulation in consideration of the margin

• 한국신재생에너지학회:학술대회논문집
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• 한국신재생에너지학회 2011년도 춘계학술대회 초록집
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• pp.140-140
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• 2011

Korea's RPS, which requires that power generation companies obtain a minimum percentage of their generation by using renewable energy, will take effect in 2012. Based on the first-year law enforcement, generation companies have to satisfy 2% of RPS compliance ratio in 2012. Then, the required RPS compliance ratio will increase up to 10% in 2022. Thus generation companies need to construct power plants that utilize various types of renewable energy sources such as PV and wind power. This work is aimed to analyze the cost of such a renewable power source in terms of capital cost, capacity factor, and fuel cost. We provide the analytical expectation on the renewable power generation cost of 2012 focusing on PV, onshore/offshore wind, fuel cell, and IGCC, which are focused by government policy.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2005년도 제36회 하계학술대회 논문집 A
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• pp.775-777
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• 2005

In this paper, effects of the subsidy in the electricity market on the market equilibrium are analyzed. The generation competition markets are considered as the basic market structure. The market equilibrium with Cournot game model is derived, first. Then, the variation of Nash equilibrium is investigated when the subsidies to generation companies are provided. The market equilibrium with the subsidy in the electricity market, which is equivalent to the subgame perfect equilibrium, is analytically derived using Stackelberg game model and backward induction method. From this, how the provisions of subsidy to generation companies can affect the strategic behaviors of the generation companies and corresponding market equilibrium are explored, in this paper. Numerical examples are provided to illustrate the basic idea of this paper.

• KIEE International Transactions on Power Engineering
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• 제5A권1호
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• pp.85-92
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• 2005

In this paper, Nash equilibriums of generation markets are investigated using a game theory application for simplified competitive electricity markets. We analyze the characteristics of equilibrium states in N-company spot markets modeled by uniform pricing auctions and propose a new method for obtaining Nash equilibriums of the auction. We assume that spot markets are operated as uniform pricing auctions and that each generation company submits its bids into the auction in the form of a seal-bid. Depending on the bids of generation companies, market demands are allocated to each company accordingly. The uniform pricing auction in this analysis can be formulated as a non-cooperative and static game in which generation companies correspond to players of the game. The coefficient of the bidding function of company-n is the strategy of player-n (company-n) and the payoff of player-n is defined as its profit from the uniform price auction. The solution of this game can be obtained using the concept of the non-cooperative equilibrium originating from the Nash idea. Based on the so called residual demand curve, we can derive the best response function of each generation company in the uniform pricing auction with N companies, analytically. Finally, we present an efficient means to obtain all the possible equilibrium set pairs and to examine their feasibilities as Nash equilibriums. A simple numerical example with three generation companies is demonstrated to illustrate the basic idea of the proposed methodology. From this, we can see the applicability of the proposed method to the real-world problem, even though further future analysis is required.

• The Journal of Asian Finance, Economics and Business
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• 제9권5호
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• pp.541-552
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• 2022

This research examines the effects of organizational learning and network involvement, as well as many contextual factors, on power generation businesses' innovation capability and operational success in Vietnam. This research also aims to attest to the moderating roles of top management support and company age, and firm possession type in the power generation industry. This study applied the exploratory factor analysis (EFA) and PLS-SEM approach for data analysis. In this research, we have tested hypotheses with data collected from 132 top managers and other key personnel from power generation companies in Vietnam. The results also attest to the moderating role of top management support on the two relationships between organizational learning - innovation capability and network involvement - innovation capability. Another important finding is that the company age has a negative impact on operational performance but shows a positive moderating role in the relationship between innovation capability and operational performance. This study highlights the central roles of organizational learning and innovation capability in impacting the organizational performance of power generation companies. These companies play a key role in supporting the development of industries in practice. This research also emphasizes the moderating roles of top management support and company age and possession type in practice.

• Journal of international Conference on Electrical Machines and Systems
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• 제3권2호
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• pp.222-228
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• 2014

As tightened the grid connection related regulation for a distributed power generation Japan, islanding of the distributed power generation should be detected more rapidly. In this paper, it is introduced the development tendency of sliding mode frequency shift type anti-islanding technology in Japanese companies.

• 전기학회논문지
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• 제58권8호
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• pp.1496-1503
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• 2009

The United Nations Framework Convention on Climate Change (UNFCCC) is an international environmental treaty to stabilize greenhouse gas concentrations in the atmosphere. In order to fulfil the commitments of the countries in an economically efficient way, the UNFCCC adapted the emission trading scheme in the Kyoto Protocol. If the UNFCCC's scheme is enforced in the country, considerable changes in electric power industry are expected due to the imposed greenhouse gas emission reduction. This paper proposes a game theoretic model of the case when generation companies participate in both competitive electricity market and emission market simultaneously. The model is designed such that generation companies select strategically between power quantity and greenhouse gas reduction to maximize their profits in both markets. Demand function and Environmental Welfare of emission trading market is proposed in this model. From the simulation results using the proposed model the impact of the emission trading on generation companies seems very severe in case that the emission prices are significantly high.

• Journal of Information Processing Systems
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• 제10권2호
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• pp.314-333
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• 2014

When analyzing default predictions in real estate companies, the number of non-defaulted cases always greatly exceeds the defaulted ones, which creates the two-class imbalance problem. This lowers the ability of prediction models to distinguish the default sample. In order to avoid this sample selection bias and to improve the prediction model, this paper applies a minority sample generation approach to create new minority samples. The logistic regression, support vector machine (SVM) classification, and neural network (NN) classification use an imbalanced dataset. They were used as benchmarks with a single prediction model that used a balanced dataset corrected by the minority samples generation approach. Instead of using prediction-oriented tests and the overall accuracy, the true positive rate (TPR), the true negative rate (TNR), G-mean, and F-score are used to measure the performance of default prediction models for imbalanced dataset. In this paper, we describe an empirical experiment that used a sampling of 14 default and 315 non-default listed real estate companies in China and report that most results using single prediction models with a balanced dataset generated better results than an imbalanced dataset.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2001년도 추계학술대회 논문집 전력기술부문
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• pp.429-431
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• 2001

The vertically integrated power industry was divided into six generation companies and one market operator, where electricity trading was launched at power exchange. In this environment, the profits of each generation companies are guaranteed according to utilization of their own generation equipments. This paper represents on generator maintenance scheduling and efficient bidding strategies for generation equipments through the calculation of the contract and the application of each generator cost function based on the past demand forecasting error and market operating data.

• 에너지공학
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• 제11권1호
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• pp.59-66
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• 2002

수직 통합된 체제의 전력회사가 6개의 발전회사와 1개의 판매회사로 분리되고 전력거래소를 통한 전력거래가 본격화되면서 발전회사는 자체 소유 발전설비의 공급가능용량을 어떻게 활용하느냐에 따라 영업상 수익의 영향을 받게 된다. 특히, 하루 전 발표되는 한계가격(System Marginal Price, Base Load Marginal Price)에 맞도록 전력생산을 위한 발전 비용함수를 적용한다면 익일의 공급가능용량이 최적 배분됨으로써, 변동비 반영 시장(Cost based Generation Pool)과 입찰가격 반영 발전시장(Price Bidding Generation Pool)에 적용될 계통운영보조서비스의 계약 물량 산출 및 익일 생산비용의 최적화를위한 입찰전략(Bidding Strategies) 수립이 가능해 지므로 보유 설비에 대한 최적이용이 가능하게 된다. 따라서 본 논문에서는 수요예측 오차와 과거 시장운영 실적을 기초로 년 간 유지보수 계획을 수립하고, 계통운영보조서비스에 대한 계약물량 산출과 개개 발전기의 비용함수 산출, 적용을 통한 발전설비의 효율적인 입찰 방안에 대해 논하고자 한다.