Quantifying the Impact and Policy Implications of Transitioning to Zonal and Nodal Pricing in the Electricity Market: A South Korean Case Study

Electricity markets are transitioning to zonal and nodal pricing to maximize social welfare, improve price signals, and enhance congestion management. South Korea, traditionally reliant on uniform pricing, is evaluating this transition but lacks a detailed impact analysis. This study assessed the im...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Applied sciences 2025-01, Vol.15 (2), p.716
Hauptverfasser:	Kwag, Kyuhyeong, Shin, Hansol, Oh, Hyobin, Yun, Hyeongseok, Yoon, Hyojeong, Kim, Wook
Format:	Artikel
Sprache:	eng
Schlagworte:	Alternative energy sources Case studies Conflicts of interest Efficiency Efficient markets Electricity electricity market design Energy resources extended locational marginal price (ELMP) locational marginal price (LMP) Market prices nodal pricing Renewable resources system marginal price (SMP) Transitions zonal pricing
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!