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With the development of demand response (DR) technologies and increasing electricity demand, dynamic pricing has been a popular topic in many countries. This paper evaluates various dynamic pricing programs in the U.S. and Europe, and provides insights into various aspects including risks and rewards, enabling technologies, lower-income groups and customer types surrounding programs such as Time-of-Use...
Demand response (DR) programs have recently become popular means of mitigating excessive claims on regional electricity networks and providing more reliable access to electric power. Many countries have experimented with DR pilot programs and some are beginning to incorporate similar schemes as permanent elements of the electricity sector. However, DR remains an experimental technique in much of the...
In July 2001, the responsibility of demand-side management (DSM) program management was moved from the Korea Electric Power Corporation (KEPCO) to the government to manage peak load occurrence efficiently and to follow the changes in the global electricity industries. The government issued the 3rd National Electricity Demand Forecast and Supply Plan in which the portion of DSM was significantly increased...
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