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DR (Demand response) has an important role in electricity power market by reducing load quantity instead of increasing generation for balancing demand and supply. DR resources are regarded as an extra tool of balancing supply and demand in emergency condition. Also, DR resources can be used in normal condition or used for the purpose of maintaining the reserve rate. Because of the characteristics...
This paper describes demand response prospects for South Korea. To manage the increasing electric power demand, the way to increase power generation has reached a limit becoming a social, economic and environmental problem. To solve this problem by managing the supply side, demand response (DR) has become an important solution. As seen in other countries, the Korean electricity community plans to...
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