Demand response prospects in the South Korean power system

Abstract

This paper describes demand response prospects for South Korea. To manage the increasing electric power demand, the way to increase power generation has reached a limit becoming a social, economic and environmental problem. To solve this problem by managing the supply side, demand response (DR) has become an important solution. As seen in other countries, the Korean electricity community plans to improve the DR in order to solve the generation problem. But the conventional DR program in Korea has a history of contracts being conducted over the transom, so the DR program has many disadvantages. This is one of the more important problems in the Korean DR program. Because of this, this paper proposes a more effective DR program than the conventional one to protect the participant returns. This paper also designs a DR the information and control structure suitable for the electrical environment.