Climate and Energy Policy &

Strategy Research Group

• KAIST-CEPS stands for Climate and Energy Policy & Strategy Research Group at KAIST. The group consists of graduate students in the School of Business & Technology Management and the Graduate School of Green Growth & Sustainability at KAIST, as well as full- and part-time research scientists at the Center for Sustainable Development at KAIST.

CEPS Family Sites (alphabetical order): 

Center for Sustainable Development (CSD)

Demand-Side Solutions for Energy & Climate (DSEC)

Integrated Assessment Modeling (IAM) Group

Sustainable Finance and ESG Reporting (SFER)

Research Topics & Projects

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• CEPS research is organized around three main areas:

• (1) Integrated assessments of climate and technology policies: We work to provide decision-makers with rigorous and data-driven insights into the impacts and trade-offs of various policy approaches to climate change and technology innovation. For more information, click on KAIST Center for Sustainable Development (CSD). 
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• (2) Demand-side solutions for energy and climate: We focus on identifying solutions that can provide timely and robust demand response resources to better integrate renewable energies into the power grid, ensuring a reliable and sustainable energy supply. For more information, click on Demand-Side Solutions for Energy & Climate Research Group (DSEC).
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• (3) Sustainable finance and ESG reporting: We investigate the challenges and opportunities of integrating sustainability into financial decision-making, including sustainable finance, ESG reporting, and related areas. For more information, click on Sustainable Finance & ESG Reporting Research Group (SFER)
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We collaborate with the government ministries, industries, and NGOs through various projects, including

• # "Development of Low-carbon Transition Scenarios and Multidimensional Feasibility Analysis," Korea-EU Collaboration Research Program, National Reserach Foundation of Korea, R&D Grant (2020-2023)
• # "Making Sense of Consumer Response to Electricity Time-of-Use Pricing," Korea Electric Power Corporation (2022-)
• # "Projecting National Electricity Demand for Carbon Neutrality in Korea," Korea Power Exchange (KPX) R&D Grant (2021-2022)
• # "Assessing the Financial Risk of Climate Change on Korea's Agricultural Sector" & "Development of GCAM-KAIST1.0 National Integrated Assessment Model," Pacific Northwest National Laboratory's JGCRI (2021-Present) 
• # "Integrated Assessment of a Low Emission Development Strategy," Solutions For Our Climate, R&D Grant (2020-2021)
• # "The Role of AI in Gig Economy: An Empirical Study on Rider's Productivity and Labor Supply" & "Assessing the Value of Anchor Stores in Mobile Delivery Platforms," VROONG (2021-2023)

• # "Assessing the Impact of a Demand-Resource Bidding Market" & "The Value of Improving the Prediction Accuracy of Renewables Generation," Korea Power Exchange (2018-2020)
• # "Household Energy Consumption under Dynamic Pricing and the Role of Information" & "Air Pollution and Household Electricity Consumption," Encored Technologies Ltd. (2017-2020)
• # "Experimental Research on the Impact of Information Feedback on the Demand Response of Electricity Customers under Dynamic Pricing," National Research Foundation of Korea, Mid-Career Research Grant (2017-2019) 

# "A Field Experiment of Peak-time Rebate on Small Commercial & Residential Customers," Korea Electric Power Corporation (2017-2019) 

• # "Development of an Integrated Top-down & Bottom-up System for Greenhouse Gas Reduction in Korea," Korea Environmental Industry & Technology Institute, R&D Grant (2014-2020)