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Journal of the Korean Institute of Illuminating and Electrical Installation Engineers

ISO Journal TitleJ Korean Inst. IIIum. Electr. Install. Eng.
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Title A Study on the Calculation of Optimal Subsidy for LED Appliance using Diffusion Model
Authors Hag-Sig Son
DOI http://dx.doi.org/10.5207/JIEIE.2015.29.3.001
Page pp.1-7
ISSN 1225-1135
Keywords Light Emitting Diode ; Bass Diffusion Model ; Avoided Costs ; Dynamic Programming
Abstract Korea's electricity supply and demand policy has focusing on electricity demand side management instead of the expanding supply and a lot of effort for LED(Light Emitting Diode) at the time. This paper calculated the optimal subsidy for LED spread. For this purpose, it analyzed the impact on spread of the lighting appliances each subsidy level from BDM(Bass Diffusion Model) and predicted the number of lighting appliances according to subsidy level in the future. The case study is calculated susidy for satisfaction of LED target using the suggested model in the future and verified availability.