Abstract
With the upgrading of residents’ consumption and the continuous improvement of electrification level, Henan’s power consumption has maintained rapid growth. There is a shortage of power supply under the constraints of time, structure, and environmental protection. The implementation of power demand response can smooth peak loads, promote supply and demand balance and operational efficiency. The basis for the successful implementation of power demand response is to have a stable and full source of subsidy funds. The feasibility of three subsidy sources of demand response under the current business model is discussed in order to provide useful reference for provincial power grid enterprises to organize and carry out demand response work.
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