• Journal of Energy Engineering
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• v.18 no.2
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• pp.114-124
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• 2009

The Ministry of Knowledge and Economy (MKE) establishes the Basic Plan for Long-Term Electricity Supply and Demand(BPE) biannually, a governmental plan for the stable electricity supply. This study investigated the effects of the electric demand forecast on the energy mix. A simplified simulation model was developed, which replaces the WASP program developed by the KPX and verified by comparing both results. Three different electric demand scenarios were devised based upon the 2005 electric demand forecast: Proper, 5 % higher, and 5% lower. The simplified model calculates the energy mix for each scenario of the year 2005. Then it calculates the energy mix for the proper electric demand forecast of the year 2007 using the energy mixes of the three scenarios as the initial conditions, so that it reveals the effect of electric demand forecast of the previous BPE on the energy mix of the next BPE. As the proper electric demand forecasts of the year 2005 and 2007 are the same, there is no change in the previous and the next BPEs. However when the electric demand forecasts were 5% higher in the previous BPE and proper in the next BPE, some of the planned power plant construction in the previous BPE had to be canceled. Similarly, when the electric demand forecasts were 5% lower in the previous BPE and proper in the next BPE, power plant construction should be urgently increased to meet the increased electric demand. As expected the LNG power plants were affected as their construction periods are shorter than coal fired or nuclear power plants. This study concludes that the electric demand forecast is very important and that it has the risk of long term energy mix.

• Journal of Energy Engineering
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• v.28 no.4
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• pp.82-93
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• 2019

In this study, a new model is proposed to improve the problem of the decline of predict rate of heat demand on a particular date, such as a public holiday for the conventional heat demand forecasting system. The proposed model was the Four Season Mixed Heat Demand Prediction Neural Network Model, which showed an increase in the forecast rate of heat demand, especially for each type of forecast date (weekday/weekend/holiday). The proposed model was selected through the following process. A model with an even error for each type of forecast date in a particular season is selected to form the entire forecast model. To avoid shortening learning time and excessive learning, after each of the four different models that were structurally simplified were learning and a model that showed optimal prediction error was selected through various combinations. The output of the model is the hourly 24-hour heat demand at the forecast date and the total is the daily total heat demand. These forecasts enable efficient heat supply planning and allow the selection and utilization of output values according to their purpose. For daily heat demand forecasts for the proposed model, the overall MAPE improved from 5.3~6.1% for individual models to 5.2% and the forecast for holiday heat demand greatly improved from 4.9~7.9% to 2.9%. The data in this study utilized 34 months of heat demand data from a specific apartment complex provided by the Korea District Heating Corp. (January 2015 to October 2017).

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.25 no.6
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• pp.310-316
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• 2013

This study was designed to investigate a method for short-term, real-time energy demand prediction, to cope with changing loads for the effective operation and management of buildings. Through a case study, a novel methodology for real-time energy demand prediction with the use of weather forecasting data was suggested. To perform the input and output operations of weather data, and to calculate solar radiation and EnergyPlus, the BCVTB (Building Control Virtual Test Bed) was designed. Through the BCVTB, energy demand prediction for the next 24 hours was carried out, based on 4 real-time weather data and 2 solar radiation calculations. The weather parameters used in a model equation to calculate solar radiation were sourced from the weather data of the KMA (Korea Meteorological Administration). Depending on the local weather forecast data, the results showed their corresponding predicted values. Thus, this methodology was successfully applicable to anywhere that local weather forecast data is available.

• Transactions of the Korean hydrogen and new energy society
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• v.17 no.1
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• pp.90-97
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• 2006

Hydrogen is used as a chemical feedstock in several important industrial processes, including oil refineries and petro-chemical production. But, nowadays hydrogen is focused as energy carrier on the rising of problems such as exhaustion of fossil fuel and environmental pollution. Thermochemical hydrogen production by nuclear energy has potential to efficiently produce large quantities of hydrogen without producing greenhouse gases, and research of nuclear hydrogen, therefore, has been worked with goal to demonstrate commercial production in 2020. The oil refineries and petro-chemical plant are very large, centralized producers and users of industrial hydrogen, and high-potential early market for hydrogen produced by nuclear energy. Therefore, it is essential to investigate and analyze for state of domestic hydrogen market focused on industrial users. Hydrogen market of petro-chemical industry as demand site was investigated and worked for demand forecast of hydrogen in 2020. Also we suggested possible supply plans of nuclear hydrogen considered regional characteristics and then it can be provided basis for determination of optimal capacity of nuclear hydrogen plant in 2020.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.61 no.12
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• pp.1765-1773
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• 2012

The accuracy of load forecast is very important from the viewpoint of economical power system operation. In general, the weekdays' load demand pattern has the continuous time series characteristics. Therefore, the conventional methods expose stable performance for weekdays. In case of special days or weekends, the load demand pattern has the discontinuous time series characteristics, so forecasting error is relatively high. Especially, weekdays near the thanksgiving day and lunar new year's day have the mixed load profile characteristics of both weekdays and weekends. Therefore, it is difficult to forecast these days by using the existing algorithms. In this study, a new load forecasting method is proposed in order to enhance the accuracy of the forecast result considering the characteristics of weekdays and weekends. The proposed method was tested with these days during last decades, which shows that the suggested method considerably improves the accuracy of the load forecast results.

• Environmental and Resource Economics Review
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• v.28 no.2
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• pp.177-200
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• 2019

Energy demand forecast which serves as an essential input in energy policy is exposed to multiple factors of uncertainty such as GDP and weather forecast uncertainty. The Master Plan of Electricity Market in Korea which is biennially prepared is critically based on fluctuating energy demand forecast whereas its resulting proposal on electricity generation mix is substantially irreversible. The paper provides a real options model to evaluate energy transition policy by considering Knightian uncertainty as a measure to study multiple uncertainties with multiple set of probability distributions. Our finding is that the current energy transition policy under the master plan is not robust in terms of securing stable management of electricity demand and supply system.

• Journal of Integrative Natural Science
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• v.12 no.1
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• pp.20-23
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• 2019

Demand response is usually operated through using the power rates and incentives. Demand management based on power charges is the most rational and efficient demand management method, and such methods include rolling base charges with peak time, sliding scaling charges depending on time, sliding scaling charges depending on seasons, and nighttime power charges. Search for other methods to stimulate resources on demand by actively deriving the demand reaction of loads to increase the energy efficiency of loads. In this paper, ESS algorithm for saving energy based on predicting the amount of solar power generation that can be used for buildings with small loads not under electrical grid.

• Journal of the Korean Solar Energy Society
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• v.39 no.5
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• pp.29-40
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• 2019

In response to the rapid climate change, in order to save energy in the field of buildings, the country is planning not only zero energy buildings but also zero energy cities. In the Urban Development Project, the Energy Use Plan Report is prepared and submitted by predicting the amount of energy demand at the planning stage. However, due to the activation of zero-energy buildings and the increase in the supply of new and renewable energy facilities, the energy consumption behavior of buildings in the city is changing from the previous ones. In this study, to estimate urban energy demand of Zero Energy City, building energy demand forecasts based on "Passive plans for use of energy based primary energy consumption", "Actual building energy usage data from Korea Appraisal Board" and "data from Certification of Building Energy Efficiency Rating" as well as demand forecast according to existing "Consultation about Energy Use Plan Code" were calculated and then applied to Multifunctional Administrative City 5-1 zone to compare urban total energy demand forecasts.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.11
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• pp.1956-1963
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• 2010

Studies on the development of various energy management programs and real-time bidirectional information infrastructures have been actively conducted to promote the reduction of power demands and CO2 emissions effectively. In the conventional energy management programs, the demand response program that can transition or transfer the power use spontaneously for power prices and other signals has been largely used throughout the inside and outside of the country. For measuring the effect of such demand response program, it is necessary to exactly estimate short-term loads. In this study, the power consumption patterns in both individual and group consumers were analyzed to estimate the exact short-term loads, and the relationship between the actual power consumption and seasonal factors was also analyzed.

• Environmental and Resource Economics Review
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• v.28 no.3
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• pp.437-465
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• 2019

In this study, we propose a new method to forecast long-term energy demand in Korea. Based on Chang et al. (2016), which models the time varying long-run relationship between electricity demand and GDP with a function coefficient panel model, we design several schemes to retain objectivity of the forecasting model. First, we select the bandwidth parameters for the income coefficient based on the out-of-sample forecasting performance. Second, we extend the income coefficient using the functional principal component analysis method. Third, we proposed a method to reflect the elasticity change patterns inherent in Korea. In the empirical analysis part, we forecasts the long-term energy demand in Korea using the proposed method to show that the proposed method generates more stable long term forecasts than the existing methods.