Abstract:Many countries adopt a time-of-use (TOU) rate system, in which electricity rates vary by season and time of day, to reduce power usage during peak power consumption hours. South Korea offers a TOU rate plan that depends on the electricity usage of a building and its contracted power; in this plan, the electricity rate reaches up to 300% depending on the time of day. Hence, electrically powered variable refrigerant flow (VRF) systems are increasingly being installed in small- and medium-sized buildings requirin… Show more
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