On the 8th, officials are monitoring the power supply situation at the System Operation Center of the Korea Electric Power Corporation (KEPCO) located in Yeongtong-gu, Suwon City amidst a heat wave. /Courtesy of Yonhap News Agency

The unprecedented heat, arriving earlier than usual, has caused maximum power demand to repeatedly set all-time highs.

According to the Korea Power Exchange, as of 6 p.m. on the 8th, the maximum power demand reached 95.7 GW (gigawatts), setting a new record for July.

The day before, maximum power demand was 93.4 GW, which broke the record for July set three years ago on July 7, 2022 (92.99 GW), and this record was surpassed just a day later.

The Korea Power Exchange reported that as of 6 p.m. on the same day, the supply capacity was 105.2 GW, with a reserve of 9.5 GW (reserve ratio 9.9%), indicating stability in power supply despite the increase in demand.

As temperatures in areas like Gwangmyeong and Paju exceed 40 degrees Celsius, power demand remains higher than expected for early July, but power authorities anticipate stable electricity supply, maintaining a reserve of over 10 GW this summer.

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