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An Analysis on Price Limits of Imported Power via Northeast Asian Power System Ties
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 Title & Authors
An Analysis on Price Limits of Imported Power via Northeast Asian Power System Ties
Chung, Koo-Hyung; Kim, Balho H.;
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 Abstract
This paper presents an engineering approach to derive the optimum price levels of transacted power. In this paper, with the assumption that power import is possible through the system connection in Northeast Asia regions, the upper price limit of imported power deserving economic efficiency was derived with respect to the time and amount of power import. The proposed approach was demonstrated based on the data from the National Power Development Planning in 2004 with the WASP model.
 Keywords
Demand-supply planning;Northeast Asia;Power system ties;Price limit of imported power;WASP;
 Language
English
 Cited by
 References
1.
Korea Electric power Corporation, Economic Feasibility Estimation of Investment Project (Methodology and Procedure), 1994

2.
Korea Energy Economics Institute, Energy Cooperation in Northeast Asia, 2003

3.
Ministry of Commerce, Industry and Energy, 2nd National Demand-Supply Planning, 2004

4.
Korea Electric Power Corporation, A Study on the Utilization of Micro-computer for WASP Model, 1986

5.
B. H. Kim et. al., Power System Economics: Investment Policy and Theory for Power System Planning, Korea Power eXchange, 2003

6.
X. Wang, and J. R. McDonald, Modern Power System Planning, McGraw-Hill, U.K., 1994