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...
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Main Authors: | Kyuhyeong Kwag, Hansol Shin, Hyobin Oh, Hyeongseok Yun, Hyojeong Yoon, Wook Kim |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2025-01-01
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Series: | Applied Sciences |
Subjects: | |
Online Access: | https://www.mdpi.com/2076-3417/15/2/716 |
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