• Transactions of the KSME C: Technology and Education
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• v.4 no.1
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• pp.57-62
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• 2016

The Demand Response Market is a nation-wide power and energy management program of electric power demand response operated by KPX (Korea Power eXchange). Therefore, any savings could be determined by KEPCO's AMR(Automatic Meter Reading) data. However, the customers and the service providers participating in the market could not know the real time value due to the 15 minute or even more delayed AMR data communicated. Here, a new concept of a smart box has been introduced and demonstrated to provide the real time saving values compared to the current KEPCO's AMR data approach.