Abstract
China electricity market reform will have a far-reaching impact on demand response, The demand response under the market mechanism is an important tool to alleviate the contradiction between power supply and demand, reduce the peak load and promote energy conservation and emission reduction. Based on the analysis of the operation mode of foreign demand response, this paper designs the demand response mechanism under the Chinese market mechanism. Based on the cost-benefit analysis method, the economic value generated by the implementation of the demand response is evaluated. The research results can provide decision support for demand response mechanism design and demand response mining in power market reform.
Highlights
Demand response (DR) refers to the power user for the DR implementation agencies to release the price signal or incentive mechanism to respond to and change their own power mode of market-oriented behavior [1]
Demand response refers to the different degree of marketization, through technical and economic, administrative, legal and other means to encourage and guide users to change the conventional way of electricity, scientific and rational use of electricity to promote the optimal allocation of power resources to ensure that the power system is safe and economic operation of the management work [2]
It can be said that the electricity demand response has become an important tool to alleviate the contradiction between power supply and demand, promote the practice of energy saving and emission reduction policies, and reduce the demand and guide demand [4]
Summary
Demand response (DR) refers to the power user for the DR implementation agencies to release the price signal or incentive mechanism to respond to and change their own power mode of market-oriented behavior [1]. Demand response refers to the different degree of marketization, through technical and economic, administrative, legal and other means to encourage and guide users to change the conventional way of electricity, scientific and rational use of electricity to promote the optimal allocation of power resources to ensure that the power system is safe and economic operation of the management work [2]. It can be said that the electricity demand response has become an important tool to alleviate the contradiction between power supply and demand, promote the practice of energy saving and emission reduction policies, and reduce the demand and guide demand [4]. This paper introduces the operation mode of foreign DR, and designs the implementation mode of China's demand response, and makes a data calculation on the implementation value of DR which can provide reference for China to implement DR
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