• Title/Summary/Keyword: reverse margin risk

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Development of Power System Health Algorithm (전력계통 건전성 지수 알고리즘 개발)

  • Lim, Jin-Taek;Lee, Sung-Hun;Lee, Yeon-Chan;Choi, Jae-Seok;Choi, Hong-Seok;Joo, Joon-Young
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.10
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    • pp.1328-1336
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    • 2014
  • This paper proposes Power System Health Index(PSHI) newly. The paper describes several kind of power system health indices based on two main categories, which are adequacy and security. In adequacy, four kinds of health indices of Frequency, Voltage, Reserve(Operating Reserve Power and Frequency Regulation Reserve Power) and Overload of lines and transformers are proposed. In security, four kinds of health indices of Voltage(154kV, 345kV and 765kV), Overload of lines and transformers, Power flow constraint among areas and SPS are proposed. All indices are mapped with three domains, which are indicated as Health, Margin and Risk, defined with expert interview. While domains of health, margin and risk is defined similar with the conventional well being analysis of power system. The criterion of the domains is proposed using an interview with expert operators and practical reliability codes in Korea. The several kinds of health index functions, which are linear ratio, piecewise linear ration and reverse ratio function etc. are developed in this paper. It will be expected that the developed health indices can help operators to control power system more successfully and also prevent power system from accident as like as black out in future because operator can make a decision immediately based on more easily visual information of system conditions from too much indices acquisition of complex power system.

A Study of Influence about Life Insurance Asset Management to Interest Decline (금리하락이 생명보험회사 자산운용실태에 미치는 영향)

  • Jung, Hee-seog;Kim, Sun-Je
    • Journal of Service Research and Studies
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    • v.6 no.2
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    • pp.99-116
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    • 2016
  • The purpose of this paper is to see what the problem is and what the direction of the strategy of asset management after this study has analyzed asset management status of domestic life insurance companies according to interest rate trends, analyzing in time series management asset lists, asset distribution state, and securities list of life insurance companies during 2000~2014. It has carried correlation analysis and regression analysis between yield and bond interest KOSPI index. As the study result, life insurance companies have managed assets in stability than profitability. The correlation coefficient between interest rate and performance rates of total asset, management asset and securities is highly plus, correlation of management asset performance rate is higher than that of total asset performance rate, and the correlation of securities performance rate is higher than that of management asset performance rate. The correlation coefficient of KOSPI and performance rate shows minus. The suggestion is that the change of asset management is required as the interest decline rises up a reverse margin risk because of the asset management of stability.