Demand Response (DR) Platform
A platform where the DR management professional can efficiently manage and operate demand response resources in connection with the electrical energy market (DR trading market).
HEPi DR Platform
Korea Power Exchange
Demand response resource management, demand reduction order (KPX → HEPi) monitoring and settlement of the reduced energy
Businesses
Demand response resource discovery/registration in the DR market
Demand reduction order (→customer) monitoring demand reduction
Calculation of the demand/reduction amount from the customer’s perspective, and settlement
Customer
Enter into agreement with a DR management business
Implement reductions in accordance with the demand reduction instruction
Profit arising from the reduction of energy
Features
Stable demand response resource discovery and reduction reduction taking into consideration of the electrical energy status and facility load for the buildings and factories linked to BEMS and FEMS
Provides profit earned from the supply of saved electricity from building, factories, apartments, commercial stores, homes, etc. to the electrical energy market
Maximum demand management, voluntary DR participation, and additional services through AI algorithms and electrical energy usage patterns of buildings, factories, apartments, stores, etc.
Plus DR service to increase consumer power demand by leveraging surplus renewable energy power
Potential Benefits
Stabilization of power systems through effective supply of demand response resources
Virtual power plant capability to respond quickly quickly to the power market
Social & economic value creation through minimizing fossil fuel power plants & transmission lines
Greenhouse gas reduction