• Environmental and Resource Economics Review
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• v.23 no.3
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• pp.409-434
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• 2014

This paper estimates household demand for electricity using a micro-level household expenditure data set. A two-stage estimation method where the endogenous block price estimates are obtained from a discrete block choice model is used. This method successfully identifies a downward sloping conditional demand function with the data, while both the usual two-stage method with instrumental variable estimation and the Hewitt-Hanemann discrete-continuous model fail to do that. The paper simulates the impacts of two hypothetical pricing reforms that reduce the number of blocks and make the price gap smaller. It is shown that the reform may increase the overall consumer benefit, but is regressive.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.28 no.6
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• pp.40-44
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• 2014

In this paper, maximum power is the lowering device using the facility's energy use and peak load electricity through analyzing attitude should like to make it reduce its power base rate. Simulator to manage the demand for power, a maximum electric power base power from electronic watt-hour meters by a device's signal, predictive power, the current power by computing the goal of power for less than Maximum peak power and peak shift, so that you can manage, and peak York, which role you want a cut Metal heat treatment result which analyzes the data, demand for electricity company over the years of analyzing the characteristics of each load, and effects and Reducing power consumption device every month identified seven Sequence control to the load system and successful power control is about showing that the defined goals.

• Advances in Energy Research
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• v.8 no.1
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• pp.59-71
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• 2022

Increasing cost of electricity due to rising price of fuel is one of the local community's main issues. In this research, switching of grid dependent system to the grid-tied Photovoltaic (PV) system with net metering for a residential building is proposed. The system is designed by considering the maximum energy demand of the building. The designed system is analyzed using RETScreen on technical, economic and environmental grounds. It is found that the system is able to produce 12,000 kWh/year. The system is capable to fulfill the electricity demand of the building during day time and is also capable to sell the energy to the local grid causing the electric meter to run in reverse direction. During night time, electricity will be purchased from grid, and electric meter will run in the forward direction. The system is economically justified with a payback period of only 3 years with net present value of PKR. 4,758,132. Also, the system is able to reduce 7.2 tons of CO₂ not produced in the entire life of the project.

• 한국신재생에너지학회:학술대회논문집
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• 2011.05a
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• pp.76.1-76.1
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• 2011

With the growing penetration of distributed generation including from renewable sources, smart grid power system is needed to address the reliability problem. One important feature of smart grid is demand response. In order to design a demand response program, it is indispensable to understand how consumer reacts upon the change of electricity price. In this paper, we construct an econometrics model to estimate the hourly price elasticity of demand. This panel model utilizes the hourly load data obtained from KEPCO for the period from year 2005 to 2009. The hourly price elasticity of demand is found to be statistically significant for all the sample under investigation. The samples used for this analysis is from the past historical data under the price structure of three different time zones for each season. The result of the analysis of this time of use pricing structure would allow the policy maker design an appropriate incentive program. This study is important in the sense that it provides a basic research information for designing future demand response programs.

• Proceedings of the KIEE Conference
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• 1997.07c
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• pp.917-919
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• 1997

Recently, electric industry confront a strategical change and high competiveness environment in the course of deregulation. Especially, rapid growth in electricity demand, financial need for new power plant construction, and environmental problems have led to search for more efficient energy production and energy conservation technologies in Korea. Due to the potential energy and cost savings, DSM(Demand-Side Management) plays and important role in the electric resource planning. In this paper, we suggest DSM potential evaluation procedures and algorithm. Also, we present screening analysis methods for DSM potential evaluation.

• Journal of the Korean Institute of Gas
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• v.17 no.1
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• pp.42-48
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• 2013

The global warming of the Korean Peninsula proceeds most rapidly in the world and its abnormal climate is more deepening. In the result of the surged electricity consumption by intense heat of summer and severe cold of winter, electricity supply and demand status is in hard situation. Currently, the supply of natural gas is increased because natural gas has the lowest greenhouse-gas emissions among the existed fossil fuel. Natural gas cooling has a lot of advantage such as decreasing electricity peak, reducing construction expenses in additional power plant, operating natural gas storage facilities efficiently, and playing a role as distributed generations. Therefore, this study analyzes the economic feasibilities of gas cooling as an alternative for electric power load management.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.21 no.2
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• pp.71-78
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• 2009

Up until recently, the energy and the economic analysis of a cogeneration system have been implemented by a manual calculation that is based on monthly thermal loads of buildings. In this study, a cogeneration system modeling validation with a detail building energy simulation, eQUEST, for a building energy and cost prediction has been implemented. By analyzing the hourly building electricity and thermal loads, it enables users to decide proper cogeneration system capacity and to estimate more accurate building energy consumption. eQUEST also verified the energy analysis when the heat pump system is integrated with the cogeneration system. The mechanical system configuration benefits from the high efficiency heat pump system while avoiding the building electricity demand increase. Economic analysis such as LCC (Life Cycle Cost) method is carried out to verify economical benefits of the system by applying actual utility rates of KEPCO(Korea Electricity Power COmpany) and KOGAS(KOrea GAS company).

• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2005.05a
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• pp.331-336
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• 2005

It is increased electrical energy consumption with the development of intelligence society in the office buildings and thus an energy conservation through efficient use of electricity became more important. This paper shows a reasonable design demand factor in office buildings, that was made by the systematic and statistical way considering actual conditions, such as investigated electric equipment capacity, peak power consumption, demand factor, etc., for 54 office buildings and 34 electrical design offices. In this dissertation, it is necessary to analyse the key features and general trend from the investigated data. It made an analysis of the feature parameters, such as average, standard deviation, median, maximum, minimun and thus it was carried linear and nonlinear regression analysis.

• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2007.05a
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• pp.241-244
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• 2007

It is increased electrical energy consumption with the development of intelligence society in office buildings and thus an energy conservation through efficient use of electricity became more important. This paper shows a reasonable design demand factor in office buildings, that was made by the systematic and statistical way considering actual conditions, such as investigated electric equipment capacity, peak power consumption, demand factor, etc., for 132 office buildings. In this dissertation, it is necessary to analyze the key features and general trend from the investigated data. It made an analysis of the feature parameters, such as average, standard deviation, median, maximum, minimun and thus it was carried linear and nonlinear regression analysis.

• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2005.11a
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• pp.233-237
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• 2005

It is increased electrical energy consumption with the development of intelligence society in the general hospitals and thus an energy conservation through efficient use of electricity became more important. This paper shows a reasonable design demand factor in office buildings, that was made by the systematic and statistical way considering actual conditions, such as investigated electric equipment capacity, peak power consumption, demand factor, etc., for 32 general hospitals and 9 electrical design offices. In this dissertation, it is necessary to analyse the key features and general trend from the investigated data. It made an analysis of the feature parameters, such as average, standard deviation, median, maximum, minimun and thus it was carried linear and nonlinear regression analysis.