| Title |
A New Market Transformation Policy for the Mid-Night Demand Discount Program |
| Authors |
Chang-Sub Kim ; Jin-Ho Kim |
| Keywords |
Demand-Side Management ; Market Transformation ; Mid-Night Demand Rate Discount Program |
| Abstract |
In this paper, we have proposed a new market transformation policy to improve the existing rate discount program for the mid-night demand The rate discount program for the mid-night demand is designed to relieve day-time demand and grow night-time demand since 1985. From this program, customer can save their electricity bills and at the same time electric utilities increase the load factor and utilization rate for the base-load generators such as nuclear and coal. Since this program has been introduced, however, many economic problem has been brought out This paper, therefore, has suggested new market transformations to resolve this problem, whereby economic loss can be shrink while all the interested party can minimize their individual benefits. |