Update:6/1/2021
Role of OCCTO in the Electricity System Reform
Process of Electricity System Reform
We have worked across three steps with a view to reforming the electricity supply system.
Three Goals
- Securing Stable Electricity Supply
- Suppressing Electricity Rates to the Maximum Extent Possible
- Expanding Choices for Consumers and Business Opportunities
Three Steps
STEP 1 (APRIL 2015)
- Establishment of OCCTO
STEP 2 (APRIL 2016)
- Full liberalization of entry to electricity retail business
- Introduction of functional licensing system
STEP 3 (APRIL 2020)
- Legal unbundling of transmission/ distribution sector
Role of OCCTO in the Electricity System Reform
Before establishment of OCCTO
Government
- Study at the council level
- Draft and enforcement of laws and regulations
Electricity companies
- Draft network facilities plan
- Implement network access operation
After establishment of OCCTO
Government
- Study at the council level
- Draft and enforcement of laws and regulations
OCCTO
- After Study at boards, etc. from expert perspective
- Formulate regulations and codes
- Formulate Long-term Policy and Cross-regional Network Development Plan
- Study network access operation
Electricity companies
- Draft network facilities plan
- Implement network access operation
Efforts so far and recent efforts of OCCTO
- Secure Short-term to Mid - to Long - term Stable Supply
- Promote Fair, Equitable and Efficient Use of Transmission/Distribution Facilities
- Monitor Nationwide Conditions of Supply-Demand and Network System Operation
- Preparedness for large scale disasters/ Dispute resolution between electricity companies/ Switching Support System
- New roles for OCCTO added through the enactment of the Act for Establishing Energy Supply Resilience