Abstract

The introduction of electricity market demand response competition can restrain market power, optimize resource allocation and realize benign and stable market operation. This paper introduces the basic concept of demand response, summarizes the research status and implementation status of DR worldwide, and classifies the DR in the power market, including the DR classification based on price and incentive. This paper discusses the function of demand response measures, and finally, combining the situation of China's power market reform, puts forward the suggestion and idea of carrying out DR, points out that in the design of China's power market, we should fully learn from the practical experience of foreign countries, planned, step-by-step response to demand, and discusses the further research direction.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.