South Korea's power grid had an average load factor of around 71.7 percent for 2023. The load factor has reduced by nearly six percentage points since 2013.
Load factor of the electrical power grid in South Korea from 2013 to 2023
The load factor is calculated as the average demand divided by the peak power load in a given time. It is primarily used to measure the utilization rate and efficiency of power generation.
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Korea Electric Power Corporation. (May 31, 2024). Load factor of the electrical power grid in South Korea from 2013 to 2023 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1473439/south-korea-load-factor-of-electrical-power-grid/
Korea Electric Power Corporation. "Load factor of the electrical power grid in South Korea from 2013 to 2023 ." Chart. May 31, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1473439/south-korea-load-factor-of-electrical-power-grid/
Korea Electric Power Corporation. (2024). Load factor of the electrical power grid in South Korea from 2013 to 2023 . Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1473439/south-korea-load-factor-of-electrical-power-grid/
Korea Electric Power Corporation. "Load Factor of The Electrical Power Grid in South Korea from 2013 to 2023 ." Statista, Statista Inc., 31 May 2024, https://www.statista.com/statistics/1473439/south-korea-load-factor-of-electrical-power-grid/
Korea Electric Power Corporation, Load factor of the electrical power grid in South Korea from 2013 to 2023 Statista, https://www.statista.com/statistics/1473439/south-korea-load-factor-of-electrical-power-grid/ (last visited November 05, 2024)
Load factor of the electrical power grid in South Korea from 2013 to 2023 [Graph], Korea Electric Power Corporation, May 31, 2024. [Online]. Available: https://www.statista.com/statistics/1473439/south-korea-load-factor-of-electrical-power-grid/