Abstract
Since Korean energy efficiency program is generally run through subsidy program toward consumers regarding support target high efficiency devices, more rational investment plan shall be established considering yearly budget level input to each program, energy saving, or traits of device supply. Evaluation of energy efficiency program, however, is conducted based on 'California Standard Practice Test' regarding yearly plan and performance of the program thus it is not effectively reflected to the establishment of plan for next year. Due to such reasons, proper portfolio construction of energy efficiency program through the priority determination between each program and rational investment allocation is not achieved in regards to current plan of the energy efficiency program. This paper presents the methodology to establish optimizing investment planning for energy efficiency program based on the portfolio theory.
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