DocumentCode
2204649
Title
Power sector reforms and restructuring in Korea
Author
Park, Dong-Wook ; Moon, Young-Hwan
Author_Institution
Korea Electrotechnol. Res. Inst., Changwon, South Korea
fYear
2004
fDate
10-10 June 2004
Firstpage
2355
Abstract
The Korean electric power industry is changing structurally in step with the global trend toward deregulation and privatization. Free market principles are being introduced into the power market. Staged introduction of electricity supply industry in Korea has been planned and as a first phase of generation competition, cost-base pool is now in operation with divided generation subsidiaries of KEPCO. Although tremendous efforts and funds have been invested for the next wholesale market preparation, still more discussions and studies are required for successful electricity market operation.
Keywords
power markets; KEPCO; Korea power exchange; Korean electric power industry; deregulation; power market; power sector reforms; power sector restructuring; privatization; Electricity supply industry; Electricity supply industry deregulation; Government; Marketing and sales; Nuclear power generation; Power generation; Power generation economics; Power markets; Privatization; Productivity;
fLanguage
English
Publisher
ieee
Conference_Titel
Power Engineering Society General Meeting, 2004. IEEE
Conference_Location
Denver, CO
Print_ISBN
0-7803-8465-2
Type
conf
DOI
10.1109/PES.2004.1373306
Filename
1373306
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