Competitiveness of open-cycle gas turbine and its potential in the future Korean electricity market with high renewable energy mix
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2019.03.014
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Lovering, Jessica R. & Yip, Arthur & Nordhaus, Ted, 2016. "Historical construction costs of global nuclear power reactors," Energy Policy, Elsevier, vol. 91(C), pages 371-382.
- Peter Cramton, 2017. "Electricity market design," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 33(4), pages 589-612.
- Ahn, Joongha & Woo, JongRoul & Lee, Jongsu, 2015. "Optimal allocation of energy sources for sustainable development in South Korea: Focus on the electric power generation industry," Energy Policy, Elsevier, vol. 78(C), pages 78-90.
- Kim, Hyunsook & Kim, Sung-Soo, 2010. "The optimal fuel mix and redistribution of social surplus in the Korean power market," Energy Policy, Elsevier, vol. 38(12), pages 7929-7938, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Wandisile Pram & Njabulo Kambule & Omoseni Adepoju, 2022. "Probing the Financial Sustainability of Eskom’s Open Cycle Gas Turbines (OCGTs) Utilisation (2018–2021)," Sustainability, MDPI, vol. 14(16), pages 1-16, August.
- Józsa, Viktor & Malý, Milan & Füzesi, Dániel & Rácz, Erika & Kardos, Réka Anna & Jedelský, Jan, 2023. "Schlieren analysis of non-MILD distributed combustion in a mixture temperature-controlled burner," Energy, Elsevier, vol. 273(C).
- Insu Do & Siyoung Lee & Gab-Su Seo & Sungsoo Kim, 2023. "An Analysis of the Effects of Renewable Energy Intermittency on the 2030 Korean Electricity Market," Energies, MDPI, vol. 16(10), pages 1-19, May.
- Mohd Alsaleh & Azeem Oluwaseyi Zubair & Abdul Samad Abdul‐Rahim, 2020. "The impact of global competitiveness on the growth of bioenergy industry in EU‐28 region," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(5), pages 1304-1316, September.
- Seong Won Moon & Tong Seop Kim, 2020. "Advanced Gas Turbine Control Logic Using Black Box Models for Enhancing Operational Flexibility and Stability," Energies, MDPI, vol. 13(21), pages 1-23, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Schreiner, Lena & Madlener, Reinhard, 2022.
"Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany,"
Energy Economics, Elsevier, vol. 107(C).
- Schreiner, Lena & Madlener, Reinhard, 2019. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," FCN Working Papers 11/2019, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised 01 Apr 2020.
- Scott Duke Kominers & Alexander Teytelboym & Vincent P Crawford, 2017.
"An invitation to market design,"
Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 33(4), pages 541-571.
- Scott Kominers & Alexander Teytelboym & Vincent Crawford, 2017. "An Invitation to Market Design," Working Papers 2017-069, Human Capital and Economic Opportunity Working Group.
- Kominers, Scott Duke & Teytelboym, Alexander & Crawford, Vincent P, 2017. "An invitation to market design," University of California at San Diego, Economics Working Paper Series qt3xp2110t, Department of Economics, UC San Diego.
- Ishizaka, Alessio & Siraj, Sajid & Nemery, Philippe, 2016. "Which energy mix for the UK (United Kingdom)? An evolutive descriptive mapping with the integrated GAIA (graphical analysis for interactive aid)–AHP (analytic hierarchy process) visualization tool," Energy, Elsevier, vol. 95(C), pages 602-611.
- Keppler, Jan Horst & Quemin, Simon & Saguan, Marcelo, 2022.
"Why the sustainable provision of low-carbon electricity needs hybrid markets,"
Energy Policy, Elsevier, vol. 171(C).
- Jan-Horst Keppler & Simon Quemin & Marcelo Saguan, 2022. "Why the sustainable provision of low-carbon electricity needs hybrid markets," Post-Print hal-03964488, HAL.
- Koltsaklis, Nikolaos E. & Nazos, Konstantinos, 2017. "A stochastic MILP energy planning model incorporating power market dynamics," Applied Energy, Elsevier, vol. 205(C), pages 1364-1383.
- Peter Cramton, 2022. "Fostering Resiliency with Good Market Design: Lessons from Texas," ECONtribute Discussion Papers Series 145, University of Bonn and University of Cologne, Germany.
- Kim, Hyunsook & Kim, Sung-Soo, 2012. "The resource adequacy scheme in the Korean electricity market," Energy Policy, Elsevier, vol. 47(C), pages 133-144.
- Samadi, Sascha, 2018. "The experience curve theory and its application in the field of electricity generation technologies – A literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 2346-2364.
- Martin Bichler & Johannes Knörr & Felipe Maldonado, 2023. "Pricing in Nonconvex Markets: How to Price Electricity in the Presence of Demand Response," Information Systems Research, INFORMS, vol. 34(2), pages 652-675, June.
- Fernando Barros Jr & Victor R. Rodrigues, 2021. "On the determinants of a stable long-run relationship between energy consumption and economic growth," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2021(2), pages 147-171.
- Peter Cramton & Emmanuele Bobbio & David Malec & Pat Sujarittanonta, 2022. "Electricity Markets in Transition: A Multi-Decade Micro-Model of Entry and Exit in Advanced Wholesale Markets," ECONtribute Discussion Papers Series 183, University of Bonn and University of Cologne, Germany.
- Mier, Mathias, 2021.
"Efficient pricing of electricity revisited,"
Energy Economics, Elsevier, vol. 104(C).
- Mathias Mier, 2020. "Efficient Pricing of Electricity Revisited," ifo Working Paper Series 342, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Boldrini, A. & Jiménez Navarro, J.P. & Crijns-Graus, W.H.J. & van den Broek, M.A., 2022. "The role of district heating systems to provide balancing services in the European Union," Renewable and Sustainable Energy Reviews, Elsevier, vol. 154(C).
- Schmeda-Lopez, Diego & McConnaughy, Thomas B. & McFarland, Eric W., 2018. "Radiation enhanced chemical production: Improving the value proposition of nuclear power," Energy, Elsevier, vol. 162(C), pages 491-504.
- Deakin, Matthew & Bloomfield, Hannah & Greenwood, David & Sheehy, Sarah & Walker, Sara & Taylor, Phil C., 2021. "Impacts of heat decarbonization on system adequacy considering increased meteorological sensitivity," Applied Energy, Elsevier, vol. 298(C).
- Fuat Oğuz, 2020. "Hayekian complexity and the role of regulation in electricity markets," Economic Affairs, Wiley Blackwell, vol. 40(3), pages 406-418, October.
- Richstein, Jörn C. & Lorenz, Casimir & Neuhoff, Karsten, 2020.
"An auction story: How simple bids struggle with uncertainty,"
Energy Economics, Elsevier, vol. 89(C).
- Richstein, Jörn C. & Lorenz, Casimir & Neuhoff, Karsten, 2020. "An auction story: How simple bids struggle with uncertainty," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 89, pages 1-1.
- Jörn C. Richstein & Casimir Lorenz & Karsten Neuhoff, 2018. "An Auction Story: How Simple Bids Struggle with Uncertainty," Discussion Papers of DIW Berlin 1765, DIW Berlin, German Institute for Economic Research.
- Thomas Pownall & Iain Soutar & Catherine Mitchell, 2021. "Re-Designing GB’s Electricity Market Design: A Conceptual Framework Which Recognises the Value of Distributed Energy Resources," Energies, MDPI, vol. 14(4), pages 1-26, February.
- Samuel Yankson & Mahdi Ghamkhari, 2019. "Transactive Energy to Thwart Load Altering Attacks on Power Distribution Systems," Future Internet, MDPI, vol. 12(1), pages 1-14, December.
- Cao, K.H. & Qi, H.S. & Tsai, C.H. & Woo, C.K. & Zarnikau, J., 2021. "Energy trading efficiency in the US Midcontinent electricity markets," Applied Energy, Elsevier, vol. 302(C).
More about this item
Keywords
Open-cycle gas turbine; Renewable energy; System flexibility; Korean electricity market;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:129:y:2019:i:c:p:1056-1069. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.