• Environmental and Resource Economics Review
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• v.16 no.4
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• pp.901-922
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• 2007

To see how the electricity demand for air-conditioning responds to weather condition and what kind of weather condition works better in forecasting maximum daily electricity demand, four different regression models, which are linear, exponential, power and S-curve, are adopted. The regression outcome turns out that the electricity demand for air-conditioning is inclined to rely on the exponential model. Another major discovery of this study is that the electricity demand for air-conditioning responds more sensitively to the weather condition year after year along with the higher non-air-conditioning electricity demand. In addition, it has also been found that the discomfort index explains the electricity demand for air-conditioning better than the highest temperature.

• The Korean Journal of Applied Statistics
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• v.29 no.1
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• pp.193-203
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• 2016

This paper forecasts electricity demand as a critical element of a demand management system in Smart Grid environment. We present a prediction method of using a combination of predictive values by time series clustering. Periodogram-based normalized clustering, predictive analysis clustering and dynamic time warping (DTW) clustering are proposed for time series clustering methods. Double Seasonal Holt-Winters (DSHW), Trigonometric, Box-Cox transform, ARMA errors, Trend and Seasonal components (TBATS), Fractional ARIMA (FARIMA) are used for demand forecasting based on clustering. Results show that the time series clustering method provides a better performances than the method using total amount of electricity demand in terms of the Mean Absolute Percentage Error (MAPE).

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.8
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• pp.1019-1023
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• 2018

In this paper sensitivity analysis of temperature on special day electricity demand of land and Jeju Island is performed. The basic electricity demand per 3 hours is defined as electricity demand that reflects the GDP effect without the temperature influence. The temperature sensitivity per 3 hours is calculated through the relationship between special day electricity demand normalized to basic electricity demand and temperature. In the future, forecast error will be improved if the temperature sensitivity per 3 hours is applied to the special day load forecasting.

• 제어로봇시스템학회:학술대회논문집
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• 2005.06a
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• pp.1379-1383
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• 2005

Introducing the market into the electricity industry lets the multiple participants get into new competition. These multiple participants of the market need new business strategies for providing value added services to customer. Therefore they need the accurate customer information about the electricity demand. Demand characteristic is the most important one for analyzing customer information. In this study load profile data, which can be collected through the Automatic Meter Reading System, are analyzed for getting demand patterns of customer. The load profile data include electricity demand in 15 minutes interval. An algorithm for clustering similar demand patterns is developed using the load profile data. As results of classification, customers are separated into several groups. And the representative curves for the groups are generated. The number of groups is automatically generated. And it depends on the threshold value for distance to separate groups. The demand characteristics of the groups are discussed. Also, the compositions of demand contracts and standard industrial classification in each group are presented. It is expected that the classified curves will be used for tariff design, load forecasting, load management and so on. Also it will be a good infrastructure for making a value added service related to electricity.

• Proceedings of the KIEE Conference
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• 2001.07a
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• pp.550-552
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• 2001

The vertically integrated power industry was divided into six generation companies and one market operator, where electricity trading was launched at power exchange. In this environment, the profits of each generation companies are guaranteed according to utilization of their own generation equipments. Especially, the electricity demand shows seasonal and weekly regular pattern, which the some capacity should be provided into ancillary service based on the past demand forecasting error and operating results of electricity market. Namely, if generation cost function is applied to SMP and BLMP as announced the previous day, the available generation capacity of the following day could be optimally distributed, and therefore contract capacity of ancillary service applied to CBP(Cost Based Pool) and TWBP(Two-Way Bidding Pool) is determined. Consequently, it is Possible to use the retained equipments optimally. This paper represents on efficient bidding strategies for generation equipments through the calculation of the contract and the application of each generator cost function based on the past demand forecasting error and market operating data.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.65 no.9
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• pp.1486-1492
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• 2016

This study presents the electrical load forecasting and error correction method using a real building load pattern, and the way to manage the energy storage system with forecasting results for economical load operation. To make a unique pattern of target load, we performed the Hierarchical clustering that is one of the data mining techniques, defined load pattern(group) and forecasted the demand load according to the clustering result of electrical load through the previous study. In this paper, we propose the new reference demand for improving a predictive accuracy of load demand forecasting. In addition we study an error correction method for response of load events in demand load forecasting, and verify the effects of proposed correction method through EMS scheduling simulation with load forecasting correction.

• Proceedings of the KIEE Conference
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• 2005.11b
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• pp.151-155
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• 2005

An electricity consumption is closely related to the economic growth structure. The change of economic growth structure affects the pattern of electricity consumption widely and severely. This paper gives that the primary changing factors of electricity growth are economic growth, change of industry structure(the change of electricity consumption ratio in case of residential sector), and the effect of electricity saying. It gives a model to analyze the influence of GDP to the change of electricity consumption patterns by sector through the period of pre and post 1998(IMF, financial crisis) to observe the contribution of each factor to the growth of electricity demand. It is anticipated that this study shows the feasible scheme of economic structure to become the developed country.

• Proceedings of the Korea Technology Innovation Society Conference
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• 1999.11c
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• pp.47-64
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• 1999

• The Transactions of The Korean Institute of Electrical Engineers
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• v.64 no.9
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• pp.1276-1280
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• 2015

Among the various statistical factors for South Korea, the population has been steadily decreased by lower birthrate. Nevertheless, the number of household is constantly increasing amid population aging and single life style. In general, residential electricity use is more the result of the number of household than the population. Therefore, residential electricity consumption is expected to be far higher for decades to come. The existing long-term load forecasting, however, do not necessarily reflect the growth of single and two-member households. In this respect, this paper proposes the long-term load forecasting for residential users considering the effect of changes of the housing type, and in the case study the changes of the residential load pattern is analyzed for accurate long-term load forecasting.

• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2008.10a
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• pp.225-228
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• 2008

The electricity supply and demand to be stable to a system link increase of the variance power supply and operation are requested in jeju Island electricity system. A short-term Load forecasting which uses the characteristic of the Load is essential consequently. We use the interrelationship of the electricity Load and change of a summertime temperature and data refining in the paper. We presented a short-term Load forecasting algorithm of jeju Island and used the correlation coefficient to the criteria of the refining. We used each temperature area data to be refined and forecasted a short-term Load to an exponential smoothing method.