Proceedings of the KIEE Conference (대한전기학회:학술대회논문집)
- 2005.07a
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- Pages.763-765
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- 2005
A Feasibility Study on zonal pricing system in Electric Power Market
전력시장 운영을 위한 Zone 분류 타당성에 관한 연구
- Lee, Dong-Su (Hong-ik University Energy System Lab.) ;
- Beack, Woong-Ki (Konkuk University) ;
- Chun, Yeong-Han (Konkuk University) ;
- Park, Jong-Bae (Korea Polytechnic university) ;
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Kim, Sung-Soo
(Korea Polytechnic university)
- Published : 2005.07.18
Abstract
LMP based pricing system has many merits over SMP. One of them is that network congestion can be managed by the market price together with congestion revenue rights. Korean power system has a peculiar property that the transmission line where network congestion occurs is known and does not vary. For such a system, zonal pricing method is considered to be appropriate as it is simpler than nodal pricing. In this paper, we did feasibility study on zone grouping method and tendency of zonal price compared with nodal price.
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