Virtual Power Plant (VPP) company Haejum (CEO Kwon Oh-hyun) announced that it has secured a total of 248MW of power generation resources to participate in the renewable energy semi-central power generation system.
Of these, 233 MW have been registered as quasi-central power generation resources with the Korea Power Exchange. Considering that the total quasi-central power generation resources currently registered with the Korea Power Exchange amount to approximately 470 MW, Haejum's share represents approximately half.
Haejum secured not only individual power plants but also virtual power plants, operating them as a single unit, establishing the largest operational scale in the early stages of the semi-centralized system market. Furthermore, in the performance test conducted to participate in the system, all participating resources passed the test, recording an average dispatch order compliance rate of 96.8%, exceeding the 94% threshold.
The semi-central dispatch system was established to expand distributed power generation and ensure power grid stability. Participating power plants must have a minimum of 1 MW of aggregated resources per substation and must have the operational capacity to adjust power generation in response to dispatch instructions from the Korea Power Exchange.
Haejum manages multiple renewable energy power plants through its self-developed integrated operations platform, "Haejum V." This platform operates distributed power sources based on real-time control and power generation forecasting capabilities. Recently, the company has improved power generation forecast accuracy by applying an AI-based weather forecasting model utilizing satellite imagery data.
According to the company, Haejum is the first VPP operator in Korea to integrate and manage various renewable energy resources, and has secured a total of 57 patents to date, including power generation prediction technology.
Kwon Oh-hyun, CEO of Haejum, said, “Our success in the early stages of the semi-centralized system is the result of a combination of our accumulated experience in operating virtual power plants and our technological capabilities,” adding, “We will continue to operate distributed renewable energy resources stably and respond to the changing electricity market environment.”
In the recent power market, interest is growing in distributed power integrated operation and power supply stabilization technologies utilizing virtual power plants (VPPs) along with the expansion of renewable energy.
- See more related articles
You must be logged in to post a comment.