• ETRI Journal
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• v.37 no.1
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• pp.197-202
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• 2015

A smart grid is a modernized electrical grid that uses information about the behaviors of suppliers and consumers in an automated fashion to improve the efficiency, reliability, economics, and sustainability of the production and distribution of electricity. In the operation of a smart grid, demand side management (DSM) plays an important role in allowing customers to make informed decisions regarding their energy consumption. In addition, it helps energy providers reduce peak load demand and reshapes the load profile. In this paper, we propose a new DSM scheduling scheme that makes use of the day-ahead pricing strategy. Based on the Rubinstein-Stahl bargaining model, our pricing strategy allows consumers to make informed decisions regarding their power consumption, while reducing the peak-to-average ratio. With a simulation study, it is demonstrated that the proposed scheme can increase the sustainability of a smart grid and reduce overall operational costs.

• Proceedings of the KIEE Conference
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• 2000.07a
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• pp.388-390
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• 2000

The production of electricity and the pattern of consumption in competitive electricity market are changing. The price of electric power in spot market will be varied by the economic electricity availability of generation utilities and electricity consumers. DSM(demand-side management) is a method which provides simultaneously economics to utilities and consumers as main participants in electricity market. In this paper, it is argued that the effect of DSM in competitive electricity market for consumers, generation utilities, and transmission utilities.

• Proceedings of the KIEE Conference
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• 2003.11a
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• pp.17-19
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• 2003

Electric arc furnace has consumed plenty of power. Hence electric arc furnace can be expected to use for demand side management. When electric arc furnace use for demand side management, electric arc furnace frequently occur a starting and a stop. Electric arc furnace irregularity change consumption of power. Due to character of time-varing and non-linear, electirc arc furnace has a problem with voltage quality(flicker, harmonics). Producted harmonic in electric art furnace is different any harmonic source because of electric arc furnace peculiar operating. Accordingly, analysis for generated harmonic in electric arc furnace operating is demanded. This paper analyze effect of harmonic by arc furnace operating.

• Journal of the Korean Professional Engineers Association
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• v.27 no.4
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• pp.46-55
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• 1994

Demand Side Management(DSM) is a system to reduce the investment cost for new power plant construction and expansion of supply facilities, power through the investment for the energy conservation and load management. In this study, the trend of the energy environment, the necessity and feasibility of DSM shall be investigated and analysed, so that this study will give a help to select and develope a proper DSM technologies for actual use.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.25 no.11
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• pp.39-49
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• 2011

Smart Grid has two main objectives on both supply and demand aspects which are to distribute the renewable energy sources on supply side and to develop realtime price responses on demand side. Renewable energy does not consume fossil fuels, therefore it improves the eco-friendliness and saves the cost of power system operation at the same time. Demand response increases the flexibility of the power system by mitigating the fluctuation from renewable energies, and reduces the capacity investment cost by shedding the peak load to off-peak periods. Currently Smart Grid technologies mainly focus on energy monitoring and display services but it has been proved that enabling technologies can induce the higher demand responses through many pilot projects in USA. On this context, this paper provides a price responsive algorithm for HEMS (home energy management system) on the real time pricing environment. This paper identifies the demand response as a core function of HEMS and classifies the demand into 3 categories of fixed, transferable, and realtime responsive loads which are coordinated and operated for the utility maximization or cost minimization with the optimal usage combination of three kinds of demand.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.22 no.10
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• pp.18-23
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• 2008

The electricity demand in Korea has rapidly increased along with a steady economic growth since 1970s. Therefore Korea has positively propelled not only SSM(Supply-Side Management) but also DSM(Demand-Side Management) activities to reduce investment cost of generating units and to save supply costs of electricity through the enhancement of whole national energy utilization efficiency. However study for rebate, which have influence on success or failure on DSM program, is not sufficient. This paper executed to modeling mathematically an amount of potential participants considering rebates, which have influence on penetration amounts for DSM program using by 'A Survey of End-User for Energy Efficiency Demand Side Management Programs'.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.6
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• pp.1103-1111
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• 2011

This paper is developed to Energy Balance Flow show the flow of total energy resource be used nationally. The Energy Balance Flow is applicable of demand management factor through the analysis of foreign energy model of supply and demand and energy statistic data in the country. This study is based on and developed to Energy system management model is able to appraisal efficient of energy cost cutting, CO2 emission reduction and Energy saving at the national level calculated effect reached amount of primary energy to change of energy flow followed application of demand side management factor is able to appraisal quantitatively at the total energy to model of demand and supply.

• Proceedings of the KIEE Conference
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• summer
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• pp.1260-1262
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• 2004

Direct Load Control(DLC) system is a load management program for stablization of electric power supply-demand. It is a series of acts limiting the demand of selected demand side at peak load or other time periods. Recently, power supply-demand instability due to dramatic increase in power usage such as summertime air-conditioning load has brought forecasts of decrease in power supply capability. Therefore heightening the load factor through systematic load management, in other words, Direct Load Control became necessary. By examining the composition and operation of the DLC system, this paper provides conceptional understanding of the DLC system and help in system research.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.856-857
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• 2007

For the sake of a stable power supply, an electric power company must have power generation facilities that can generate more electricity than the maximum demand of the year. Due to the fact that the maximum electricity demand will also continue to increase, enormous investments are needed annually to build power plants. For that reason, electric power companies are propelling 'Demand Side Management' which improve the form of electrical usage for the customer in a positive way. This paper presents the concept of 'Cool Storage System' which is the most representative program, which lowers the peak demand during the on-peak time periods in a day and creates a base load simultaneously during the night time hours among the DSM programs.

• Health Policy and Management
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• v.9 no.4
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• pp.65-86
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• 1999

In this study, we investigate the welfare effect of mandatory prescription(MP) in Korea. An immediate effect of MP is the increase in the implicit price of prescribed medicine, which could be obtained easily from drug stores before MP. This will lower the quantity demanded. which will in turn reduce the abuse of drugs. The key to the cost-benefit analysis of MP, therefore, should be focused on this point; price increase in the cost side and quantity decrease in the benefit side. Since we do not have as much information as needed for the analysis, however, we made strong assumptions for the clarity of numbers; the severity of moral hazard of medical doctors related to the sales of hospital drugs, constant demand elasticity, constant benefit multiplier of reduced drug usage, and so on, With these rather strong assumptions, we find that i) the benefit side is much more sensitive to demand elasticity than the cost side effect ii) the larger the demand elasticity, the greater the size of net gain of MP, though the result depends on the size of the benefit multiplier. This analysis shows that we need to have more information on the specific institutional path of health benefit diffusion caused by the reduction of drug usage, which was the major target of MP.