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http://dx.doi.org/10.7840/kics.2017.42.4.915

Role of Demand Response in Small Power Consumer Market and a Pilot Study  

Lee, Eun-jung (Seoul National University)
Lee, Kyung-eun (Seoul National University)
Lee, Hye-su (Encored Technologies)
Lee, Hyo-seop (Encored Technologies)
Kim, Eun-cheol (Korea Power Exchange)
Rhee, Wonjong (Seoul National University)
Publication Information
The Journal of Korean Institute of Communications and Information Sciences / v.42, no.4, 2017 , pp. 915-922 More about this Journal
Abstract
Demand Response Market (DR Market) has risen as one of the key solutions to address the growth and fluctuation of electricity consumptions. In Korea, DR market has been in operation since 2014, where the focus has been mainly on large-scale loads. Small-scale DR market, however, is becoming increasingly important because small power consumers' contribution to the national power consumption has been increasing and because small loads tend to show large fluctuations. Furthermore, small-scale DR can improve social awareness on energy issues which can bring additional impacts. In this paper, we provide the findings from a small-scale consumer DR pilot. The pilot was conducted in the summer of 2016 on over 5,000 small-scale users in Korea, and smartphone applications were used in the pilot. The effectiveness of small-scale DR Market is analyzed and addressed, and the results indicate a promising future of small-scale DR Market.
Keywords
demand response; electricity market; peak reduction; pilot study; small power consumer;
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