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Analysis of energy supply status based on operating performance of integrated energy business in Korea

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  • Analysis of energy supply status based on operating performance of integrated energy business in Korea
  • Lee, Ji-Ae; Hong, Won-Hwa; Ryu, Ji-Hye; Jeon, Gyu-Yeob
  • Indian Society of Education and Environment


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Title Analysis of energy supply status based on operating performance of integrated energy business in Korea
Similar Titles
Material Type Articles
Author(English)

Lee, Ji-Ae; Hong, Won-Hwa; Ryu, Ji-Hye; Jeon, Gyu-Yeob

Publisher

[Chennai, India]:Indian Society of Education and Environment

Date 2015-09
Journal Title; Vol./Issue Indian Journal of Science and Technology:vol. 8(no. 24)
Pages 8
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic System
Industry and Technology < Energy
Holding Indian Society of Education and Environment

Abstract

Electricity demand is surging every year in Korea owing to economic growth and a subsequent increase in energy demand. In particular, heavy cooling load during summer and high heating load during winter to fight heat wave and cold wave, respectively, which are allegedly caused by the unpredictable climate change, trigger electricity peak and unstable energy supply as a result. Integrated Energy Business (IEB), which is known as regional heating overseas, draws attention as a distributed energy that can address such structural issues as blackout in the central supply system. Yet, electricity charge lower than production cost, realistic challenges in direct sales of energy production facilities and energy loss incurred from transporting energy from supply facilities to receiving ends keep it from rooting down in Korea. (The rest omitted)