Energy IT company Haejum (CEO Kwon Oh-hyun) announced on the 18th that it has proven its excellent operational capabilities by passing the '25-2nd Jeju Renewable Energy Supply Bidding System Implementation Capability Test' hosted by the Korea Power Exchange with an average error rate of 2.36%.
This test is designed to minimize the intermittency of renewable energy generation and evaluates the real-time control, power generation monitoring, and output control capabilities of power brokers. Haejum recorded a 2.36% error rate, lower than the average error rate of 2.6% in the 25-1 test conducted in February, and significantly below the 8% tolerance for forecasting errors that will apply from 2025.
Haejum has continuously improved its state-of-the-art control infrastructure, real-time power plant communication technology, and precision power plant control technology, leveraging the data and expertise accumulated through solar power plant operations. In particular, its proprietary automatic power control system enables rapid and accurate response to the volatility of renewable energy sources, contributing to grid stability.
Haejum is enhancing power plant operation efficiency and profit stability by supporting 24-hour power plant control, automatic bidding, and output control response through its virtual power plant (VPP) operation platform, Haejum V.
CEO Kwon Oh-hyun of Haejum stated, “We have confirmed our technological prowess and operational capabilities by passing these tests consecutively,” and added, “As the bidding system market expands to the mainland, we plan to focus on technological advancement and providing optimal solutions.”
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