Faculty/Research

Research Groups

전력시스템 및 경제 연구실

Electric Power Network Economics Laboratory

Prof. : Prof. Park, Jong Keun / Prof. Yoon, Yong Tae

Research Area : Electric Power Network Economics



  • About the Laboratory & Research Area
  • The Electric Power Network Economics Laboratory (EPNEL) in the department of electrical engineering at Seoul National University directed by Professor Jong-Keun Park and Yong-Tae Yoon is well established as a source of expertise in the area of Smart Grid, renewable energy, the reliability of power system, and microgrid operation. In 2010, EPNEL was formed in order to enhance collaborative research by merging two laboratories, Power Systems and Economics Lab. founded by Professor Park in 1983 and Power System Economics Lab. established by Professor Yoon in 2004.

    The advent of Smart Grid significantly expands opportunities and challenges of entire electric power system industry. EPNEL has researched on the topics that build our energy system clean, stable, and economic through the Smart Grid. Our aim from the start was to provide theoretical solutions to those issues. We, EPNEL, believe our research will enrich the sustainable energy system.
  • Research Interests & Projects
  • ▶ Major Interest
    - Smart Grid
    - Energy Market
    - Advanced Metering Infrastructure (AMI)
    - Pricing Program & Demand Response(DR)
    - Renewable Energy
    - Microgrid operation

    ▶ Projects
    - Korea Power Network Reliability Condition Investigation and Research
    - Wireless Sensor Networks Based Battery Management Systems for Energy Storage Systems in Smart Grids
    - Development of Standby Power Cutoff Systems for Smart Grid Environment
    - Development of Distributed Generation Connected System Operation Algorithm
    - Wind Energy Grid-adaptive Technology Research
    - Development of Convergence and Integration Technology for Renewable-based Energy System and its Grid Interconnection
    - MIRFA IWPP(Independent Water and Power Project) - Transient Stability Study
    - Evaluation of Smart Appliance as a Demand Side Resources and Analysis on Suitability for Participating in Demand Response Program
    - A Study on Index of Transmission and Substation field for Globalization
  • Journals & Patents
  • [1] Young-Gyu Jin and Yong Tae Yoon, " methods for adding demand response capability to a thermostatically controlled load with an existing On-off controller ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. no. pp.-, Jan. 2015

    [2] Joonhyung Park, Sunkyo Kim, and Yong Tae Yoon, "A new required reserve capacity determining scheme with regard to real time load imbalance ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 10 no. 2 pp.511-517, Jan. 2015

    [3] Seung Wan Kim, Young-Gyu Jin, Yong Hyun Song, and Yong Tae Yoon,"Decentralized vehicle-to-grid design for frequency regulation within price-based operation ",JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. no. pp.-, Jan. 2015

    [4] Sung-Chan Park, Young-Gyu Jin, Hye Yoon Song, and Yong Tae Yoon, "Designing a critical peak pricing scheme for the profit maximization objective considering price responsiveness of customers ", ENERGY, vol. no. pp.-, Jan. 2015

    [5] Sunkyo Kim, Joonhyung Park, and Yong Tae Yoon, "Determination of secondary reserve requirement through interaction-dependent clearance between Ex-ante and Ex-post ",JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 9 no. 1 pp.71-79, Jan. 2015

    [6] Si Young Lee, Young-Gyu Jin, and Yong Tae Yoon, "Operation planning of reserve in microgrid considering market ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 9 no. 3 pp.1089-1095, Jan. 2015

    [7] Tae Hyun Yoo, Hyeongon Park, Jae-Kun Lyu, and Jong Keun Park, "Determining the interruptible load with strategic behavior in a competitive electricity market", Energies, vol. 8 no. pp.257-277, Dec. 2014

    [8] 민창기, 허돈, 박종근, "국내 해상풍력발전단지의 경제성 분석", 대한전기학회 논문지, vol. 63 no. 9 pp.1192-1198, 2014. 9

    [9] Jae-Haeng Heo, , Mun-Kyeom Kim, Dam Kim, Jae-Kun Lyu, Yong-Cheol Kang , and Jong Keun Park, "Maintenance priority index of overhead transmission lines for reliability centered approach", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 9 no. 4 pp.1248-1257, Jul. 2014

    [10] Hyeon-Gon Park, Jae-Kun Lyu, YongCheol Kang , and Jong Keun Park, "Unit commitment considering interruptible load for power system operation with wind power",Energies, vol. 7 no. pp.4281-4299, Jul. 2014

    [11] Minh Y Nguyen and Yong Tae Yoon, "A comparison of microgrid topologies considering both market operations and reliability ", Electric Power Components and Systems, vol. no. pp.585-594, Mar. 2014

    [12] Minh Y Nguyen and Yong Tae Yoon, "Optimal scheduling and operation of Battery/Wind generation system in response to real-time market prices ", IEEJ Transactions on Electrical and Electronic Engineering, vol. 9 no. pp.-, Jan. 2014

    [13] 권경빈, 박현곤, 류재근, 김유창, 박종근, "수요와 공급의 불확실성을 고려한 시간대별 순동예비력 산정 방안", 대한전기학회 논문지, vol. 62 no. 11 pp.1495-1504, 2013. 11

    [14] Jae-Kun Lyu, Jae-Haeng Heo, Jong Keun Park, and Yong-Cheol Kang, "Probabilistic approach to optimizing active and reactive power flow in wind farms considering wake effects",Energies, vol. 6 no. 11 pp.5717-5737, Oct. 2013

    [15] Chang-Gi Min, 김문겸, Jong Keun Park, and Yong Tae Yoon, "Game-theory-based generation maintenance scheduling in electricity markets", ENERGY, vol. 55 no. pp.310-318, Jun. 2013

    [16] Jae-Kun Lyu, Jae-Haeng Heo, Mun-Kyeom Kim, and Jong Keun Park, "Impacts of wind power integration on generation dispatch in power systems", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 8 no. 3 pp.-, May. 2013

    [17] 류재근, 허재행, 박종근, "풍력발전의 변동성을 고려한 기동정지계획에서의 적정 ramping 용량 산정", 대한전기학회 논문지, vol. 62 no. 4 pp.457-466, 2013. 4

    [18] Dinh Hung Nguyen and Yong Tae Yoon, "A new approach for corrective and preventive control to unsolvable case in power network having DERs ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 8 no. pp.-, Jan. 2013

    [19] Yong Tae Yoon, Minh Y Nguyen, and Dinh Hung Nguyen, "A new battery energy storage Charging/Discharging Scheme for wind power producers in real-time markets",Energies, vol. 5 no. pp.5439-5452, Jan. 2013

    [20] Van Thang Nguyen, Minh Y Nguyen, and Yong Tae Yoon, "A new method for monitoring local voltage stability using the saddle node bifurcation set in two dimensional power parameter spaces ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 8 no. pp.-, Jan. 2013

    [21] Young-Gyu Jin, Si Young Lee, Seung Wan Kim, and Yong Tae Yoon, "Designing rule for price-based operation with reliability enhancement by reducing the frequency deviation ",IEEE Transactions on Power Systems, vol. 28 no. pp.-, Jan. 2013

    [22] Dinh Hung Nguyen, Minh Y Nguyen, and Yong Tae Yoon, "Novel techniques for real time computing critical clearing time: SIME-B and CCS-b ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 8 no. pp.-, Jan. 2013

    [23] Young-Gyu Jin, Tae-Seop Choi, and Yong Tae Yoon, "The design of optimal demand response controller under real time electricity pricing ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 8 no. pp.-, Jan. 2013

    [24] Jae-Haeng Heo, Jae-Kun Lyu, Mun-Kyeom Kim, and Jong Keun Park, "Application of particle swarm optimization to the reliability centered maintenance method for transmission systems", Journal of Electrical Engineering & Technology, vol. 7 no. 6 pp.814-823, Nov. 2012

    [25] Yong Tae Yoon and Geun-Pyo Park, "Application of ordinal optimization on reliability centered maintenance of distribution system", European Transactions on Electrical Power, vol. 22 no. 3 pp.391-401, Apr. 2012

    [27] Yong Tae Yoon, Thang Van Nguyen, and Y Minh Nguyen, "A new method for static voltage stability assessment based on the local loadability boundary", International Journal of Emerging Electric Power Systems, vol. no. pp.-, Mar. 2012

    [28] Sung-Hwan Song, Jae-Woo Jeong, Yong Tae Yoon, and Seung Ill Moon, "Model of information exchange for decentralized congestion management", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 7 no. 2 pp.141-150, Mar. 2012

    [29] Yong Tae Yoon, Thang Van Nguyen, and Y Minh Nguyen, "A new method for static voltage stability assessment based on the local loadability boundary", International Journal of Emerging Electric Power Systems, vol. no. pp.-, Mar. 2012

    [30] Jong Keun Park, "Korean electric power industry trend and future perspective", ICCS Journal of Modern Chinese Studies, vol. 4 no. 2 pp.-, Mar. 2012

    [31] Minh Y Nguyen, Dinh Hung Nguyen, and Yong Tae Yoon, "A new battery energy storage Charging/Discharging scheme for wind power producer in real-time market ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 9 no. pp.-, Jan. 2012

    [32] Jae-Kun Lyu, Mun-Kyeom Kim, Yong Tae Yoon, and Jong Keun Park, "A new approach to security-constrained generation scheduling of large-scale power systems with a piecewise linear ramping model", International Journal of Electrical Power & Energy Systems, vol. 34 no. 1 pp.121-131, Jan. 2012

    [33] Sung-Hwan Song, Jae-Woo Jeong, Yong Tae Yoon, and Seung Ill Moon, "Model of information exchange for decentralized congestion management ", JOURNAL OF ELECTRICAL ENGINEERING & TECHNOLOGY, vol. 7 no. pp.-, Jan. 2012

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