Abstract
This paper presents an economic analysis of the energy efficiency programs in Korea. Economic evaluation was performed by applying the California Standard Practice Test. Additionally, the energy efficiency programs were reviewed using a levelized cost evaluation methodology based on the marginal cost of the saved energy, and comparative analysis was performed with the cost of the supply resources. Finally, the future needs and development directions of the Korean energy efficiency programs are suggested.
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More From: Journal of International Council on Electrical Engineering
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