| Title |
A New Economic Evaluation for Demand-Side Resource using Lighting Dimming Control for the Electricity Suppliers in Competitive Electricity Markets |
| Authors |
Jin-Ho Kim ; Seong-Cheol Kim ; Young-Woo Nam |
| Keywords |
Demand-Side Management ; Electricity Markets ; Lighting Dimming Control |
| Abstract |
In this paper, a new demand-side evaluation for the technical potential of lighting dimming control and its applications in electricity markets have been presented. The California standard practice test has been widely used to estimate the economic value of demand-side resources. However, as the advent of deregulation and restructuring of power industry, the California test has been facing some limitations to adopt in the new market environments. In particular the conventional UC test is appropriate for the traditional vertically integrated utility, not for the restructured unbundled utility. Thus, this paper presents a new method to evaluate the economic value of demand-side resource, especially of controllable lighting dimming resource in terms of the energy service provider in market environments. We, therefore, first estimate the technical potential of the lighting dimming control and evaluate the value of the lighting dimming control based on the Korean electricity market data in 2006. The study result shows that the lighting dimming control is a cost effective option for the energy service provider. |