The Korea Meteorological Administration (KMA) has developed a city gas demand forecast model in collaboration with Korea Gas Corporation (KOGAS) to ensure stable energy supply and demand.
KMA said Thursday it will provide KOGAS with a "city gas demand forecast" technology that predicts hourly city gas demand. The model combines data on temperature, wind chill and wind speed from 122 city gas supply points nationwide to generate demand forecasts up to 10 days ahead. The model draws on city gas consumption records and meteorological observation data from 2013 through September 2024.
The need for such technology has grown as sudden cold snaps and sharp temperature swings have made it increasingly difficult to predict city gas demand, raising concerns about energy supply stability and inventory management efficiency. In response, KMA and KOGAS jointly built the demand forecast model based on integrated weather-climate and gas consumption data.
The model is expected to enhance the reliability of energy supply operations by identifying potential demand surges or drops in advance. KOGAS plans to also use the model to reduce liquefied natural gas (LNG) inventory management costs.
"We hope KMA's city gas demand forecast technology will help KOGAS ensure stable energy supply and develop heating services for the public," KMA Administrator Lee Mi-seon said. "We expect this technology transfer to contribute to reducing the public's heating cost burden and improving national energy management."
