A pilot signal power control apparatus to determine a power level of a pilot signal of a primary network to indicate an availability of a wireless resource of thereof to a secondary user of a secondary network according to a cognitive radio technology, the pilot signal power control apparatus and an operation method thereof, the pilot signal power control apparatus including: a prediction unit to predict a noise increase and/or a sensing probability, the noise increase occurring in a primary user of the primary network due to a channel estimation error, and the sensing probability being a probability that a secondary user senses the pilot signal of; a channel capacity calculation unit to calculate a channel capacity of the primary user based on the predicted noise increase and/or sensing probability; and a power level determination unit to determine the power level of the pilot signal using the calculated channel capacity.