Full Text

Turn on search term navigation

© 2020. This work is licensed under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

In this paper, we show the development of a demand-side management solution (DSMS) for demand response (DR) aggregator and actual demand response operation cases in South Korea. To show an experience, Korea’s demand response market outline, functions of DSMS, real contracted capacity, and payment between consumer and load aggregator and DR operation cases are revealed. The DSMS computes the customer baseline load (CBL), relative root mean squared error (RRMSE), and payments of the customers in real time. The case of 10 MW contracted customers shows 108.03% delivery rate and a benefit of 854,900,394 KRW for two years. The results illustrate that an integrated demand-side management solution contributes by participating in a DR market and gives a benefit and satisfaction to the consumer.

Details

Title
Implementation of a Demand-Side Management Solution for South Korea’s Demand Response Program
Author
Ko, Wonsuk  VIAFID ORCID Logo  ; Vettikalladi, Hamsakutty; Seung-Ho, Song; Choi, Hyeong-Jin
First page
1751
Publication year
2020
Publication date
2020
Publisher
MDPI AG
e-ISSN
20763417
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2375538409
Copyright
© 2020. This work is licensed under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.