Scattered Electricity and Gas Data Brought Together... Korea Energy Agency Designated Specialized Intermediary in Energy Sector

Integrated transfer of electricity and gas usage data... Personalized energy-saving and bill optimization services
Connecting KEPCO and city gas companies with private firms... Broader use of energy data gets underway

A view of the Korea Energy Agency headquarters.

The Korea Energy Agency has been designated as a specialized intermediary in the energy sector, connecting individuals' energy-use data, including electricity and gas consumption, with private service providers. By bringing together energy data previously scattered across different institutions, the designation is expected to expand personalized services such as analyses of individual energy consumption and bill optimization.

The agency announced on October 14 that it had been officially designated by the Personal Information Protection Commission on October 12 as a "specialized intermediary in the energy sector," authorized to securely collect and transmit energy data.

Energy MyData is a system that allows people to request that institutions holding their data, such as Korea Electric Power Corporation and city gas companies, send their energy-use information, including electricity and gas consumption, to service providers of their choice, so that the data can be used to provide personalized services. In June, the Personal Information Protection Commission expanded the MyData system to the energy sector to guarantee people's right to request the transfer of their personal information.

Until now, energy-use data has been dispersed across institutions and energy sources. As a result, individuals have faced limitations in getting a comprehensive view of their electricity and gas consumption or linking that data with private services.

Choi Jaegwan, Chairman of the Korea Energy Agency.

With this designation, the agency will connect data providers, such as Korea Electric Power Corporation and city gas companies, with data recipients, including private service providers, in response to users' transfer requests. It will use intermediary infrastructure developed with the Ministry of Climate, Energy and Environment, Korea Electric Power Corporation, and city gas providers to transmit energy data in a standardized format.

Once the intermediary infrastructure is fully operational, users will be able to view their electricity and gas consumption in one place and receive recommendations for saving energy based on their consumption patterns. Services that optimize energy bills based on usage and billing information will also become possible.

Private companies are also expected to be able to make broader use of energy data. With data previously dispersed across individual institutions now available for use based on transfer requests, IT companies and startups will have the foundation to develop new services using energy data.

Choi Jaegwan, president of the Korea Energy Agency, said, "The designation as a specialized intermediary is a meaningful achievement that will support a new era in which people take the initiative in using their own energy data. We will continue to expand connections between data-transmitting and data-receiving institutions and do our utmost to develop innovative energy services that people can experience firsthand and foster an ecosystem for new energy industries."

This content was produced with the assistance of AI translation services.