Demand Response in Korea with Benefit/Cost Ratio of 6.89 in FY 2005

Outstanding Achievement in Demand Response – Korea Electric Power Corporation, (KEPCO),

PLMA is pleased to announce that KEPCO has received the 2005 Outstanding Achievement Award for its efforts in the demand response area during the year 2005. KEPCO’s peak load is approximately equal to that of the entire state of California. In 2005 Korea’s was 54,631 MW on Aug 17. Without KEPCO’s portfolio of demand response programs, the peak load would have been 57,602 MW. This is a reduction of 5.2% of the peak loads without the current programs.

In Fiscal year 2005, program expenditures of $93,880,000 enabled avoided costs of $646,300,000 for additional generation, transmission and distribution for a benefit/cost ratio of 6.89.

PLMA selected the KEPCO for recognition because of its tremendous achievements in lowering peak loads on a huge scale at great financial and environmental savings.

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