November 13, 2026
Korea Power Exchange (KPX) — South Korea
Minwoo Jang and Yongsik Kim
Supply and Demand Forecasting Team, Energy Planning Department
KPX operates South Korea's electricity market and power system and plays a central role in national electricity supply-and-demand planning.
Representatives from KPX will visit the EML Lab at Indiana University to discuss electricity demand forecasting, particularly the challenges of predicting large new electricity loads and managing long-term uncertainty. KPX initiated the visit to seek EML's perspectives on forecasting methodologies, data requirements, and ongoing research.
EML Research Director Joon Y. Park and his research collaborators in Korea, including EML collaborator Yongok Choi, have developed core electricity-demand forecasting models for KPX for more than 30 years. This longstanding relationship provides a foundation for continued research exchange and collaboration.