This article summarizes the meeting materials and discussion content from the "2nd Working Group on System Design Based on Verification of Electric Power System Reform" held by the Agency for Natural Resources and Energy, Ministry of Economy, Trade and Industry on July 4, 2025.
Key Points
Verification System for Electric Power System Reform
- Operating as a working group under the Next-Generation Electric Power and Gas Business Infrastructure Development Subcommittee of the Advisory Committee for Natural Resources and Energy's Electricity and Gas Business Subcommittee
- Detailed explanation of the overall structure of the review system for electric power system-related institutions in Document 3
- Started examining more specific system design based on discussions from the first meeting
- Implemented transparent discussions through YouTube live streaming
Strengthening Responsibilities and Discipline of Retail Electric Power Providers
- Document 4 "Responsibilities and Discipline of Retail Electric Power Providers and Market Development for Promoting Medium- to Long-term Trading" was the main agenda item
- Discussed clarification of supply capacity securing obligations for retail electric power providers
- Examined system design considering the balance between consumer protection and market competition
- Presented direction aimed at achieving both business discipline and consumer protection
Measures to Activate Medium- to Long-term Trading Markets
- Examined development of medium- to long-term trading environments for ensuring stable electric power supply
- Construction of price stabilization mechanisms through strengthened coordination between spot and futures markets
- Necessity of market design considering massive introduction of renewable energy
- Contribution measures to grid stabilization through coordination with supply and demand adjustment markets
Meeting Operations and Information Disclosure
- Meeting materials published immediately in PDF format (agenda, member list, examination materials, etc.)
- Discussion content disclosed in real-time through YouTube live streaming
- Operated by the Electric Power Industry and Market Office, Electricity and Gas Business Department, Agency for Natural Resources and Energy as secretariat
- Contact information: 03-3501-1511 (extension: 4741)
The article demonstrates a policy examination process aimed at constructing a stable and efficient electric power supply system by strengthening the discipline of retail electric power providers and developing markets to enhance the effectiveness of electric power system reform.