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http://dx.doi.org/10.5207/JIEIE.2008.22.2.019

A New Market Transformation Policy for the Mid-Night Demand Discount Program  

Kim, Chang-Sub (한국산업기술대학교)
Kim, Jin-Ho (경원대학교 전기공학부)
Publication Information
Journal of the Korean Institute of Illuminating and Electrical Installation Engineers / v.22, no.2, 2008 , pp. 19-25 More about this Journal
Abstract
In this paper, we have proposed a new market transformation policy to improve the existing rate discount program for the mid-night demand. The rate discount program for the mid-night demand is designed to relieve day-time demand and grow night-time demand since 1985. From this program, customer can save their electricity bills and at the same time electric utilities increase the load factor and utilization rate for the base-load generators such as nuclear and coal. Since this program has been introduced however, many economic problem has been brought out. This paper, therefore, has suggested new market transformations to resolve this problem, whereby economic loss can be shrink while all the interested party can minimize their individual benefits.
Keywords
Demand-Side Management; Market Transformation; Mid-Night Demand Rate Discount Program;
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