Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | 여영구 | - |
dc.date.accessioned | 2018-02-06T07:06:07Z | - |
dc.date.available | 2018-02-06T07:06:07Z | - |
dc.date.issued | 2011-07 | - |
dc.identifier.citation | KOREAN JOURNAL OF CHEMICAL ENGINEERING; JUL 2011, 28 7, p1505-p1510, 6p. | en_US |
dc.identifier.issn | 0256-1115 | - |
dc.identifier.uri | http://link.springer.com/article/10.1007%2Fs11814-011-0017-5 | - |
dc.description.abstract | A new forecasting scheme is presented of short-term system marginal price (SMP) using past data on power supply and demand as well as past cost data. The forecasting of SMP is one of the most significant factors in an electricity market in which power is produced by generators, transmitted by transmission companies, and distributed by suppliers according to new trading agreements. The accurate forecasting of SMP can significantly influence the profit of market participants. In this paper, a new methodology for day-ahead SMP forecasting is proposed using the law of supply and demand on power. The salient feature of the proposed approach is that it exhibits excellent predicting performance in short-term forecasting. | en_US |
dc.description.sponsorship | This work was sponsored by the Ministry of Knowledge Economy, Republic of Korea, as a part of the research project titled "Constitution of energy network using District heating energy" (Project No: 2007-E-ID25-P-02-0-000). The authors wish to thank them for their support. | en_US |
dc.language.iso | en | en_US |
dc.publisher | SPRINGER, 233 SPRING ST, NEW YORK, NY 10013 USA | en_US |
dc.subject | System Marginal Price (SMP) | en_US |
dc.subject | Price Forecasting | en_US |
dc.subject | Short-term Forecasting | en_US |
dc.title | A new forecasting method for system marginal prices based on power supply and demand | en_US |
dc.type | Article | en_US |
dc.relation.no | 7 | - |
dc.relation.volume | 28 | - |
dc.identifier.doi | 10.1007/s11814-011-0017-5 | - |
dc.relation.page | 1505-1510 | - |
dc.relation.journal | KOREAN JOURNAL OF CHEMICAL ENGINEERING | - |
dc.contributor.googleauthor | Lee, Kee Jun | - |
dc.contributor.googleauthor | Lee, Tae Hwan | - |
dc.contributor.googleauthor | Yeo, Yeong Koo | - |
dc.contributor.googleauthor | Kim, Lae-Hyun | - |
dc.relation.code | 2011206218 | - |
dc.sector.campus | S | - |
dc.sector.daehak | COLLEGE OF ENGINEERING[S] | - |
dc.sector.department | DEPARTMENT OF CHEMICAL ENGINEERING | - |
dc.identifier.pid | ykyeo | - |
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