• DocumentCode
    2411335
  • Title

    Status and perspective of transmission pricing scheme in Korean electricity market

  • Author

    Jeong, H.S. ; Moon, Y.H. ; Oh, T.-K. ; Hur, D. ; Park, J.K.

  • Author_Institution
    Korea Electrotechnology Res. Inst.
  • fYear
    2005
  • fDate
    5-7 Oct. 2005
  • Firstpage
    36
  • Lastpage
    43
  • Abstract
    This paper thoroughly investigates how best it would be to send an adequately accurate locational price signal with the congestion costs incorporated into the transmission pricing rule when the electricity market, in which costs are recovered from all transmission users on an equivalent basis, is not unduly maintained. This paper attempts to make a supportive and self-explanatory proposal that it could fit the Korean cost-based pool (CBP) that satisfactorily sharpens the locational price signal.
  • Keywords
    power markets; power transmission economics; pricing; Korean cost-based pool; Korean electricity market; congestion costs; locational price signal; self-explanatory proposal; transmission pricing scheme; Computer science; Costs; Electricity supply industry; Energy management; Load flow; Moon; Power generation; Power system management; Pricing; USA Councils;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    CIGRE/IEEE PES, 2005. International Symposium
  • Conference_Location
    New Orleans, LA
  • Print_ISBN
    0-7803-9191-8
  • Type

    conf

  • DOI
    10.1109/CIGRE.2005.1532724
  • Filename
    1532724