Evaluation of Electricity Demand Response from the Perspective of Marketization

Dong Jun; Sun Xu; Dou Xihao

doi:doi:10.11648/j.jeee.20170504.15

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Evaluation of Electricity Demand Response from the Perspective of Marketization

Dong Jun, Sun Xu, Dou Xihao

Published in Journal of Electrical and Electronic Engineering (Volume 5, Issue 4)

Received: 15 June 2017 Accepted: 29 June 2017 Published: 24 July 2017

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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.

Published in	Journal of Electrical and Electronic Engineering (Volume 5, Issue 4)
DOI	10.11648/j.jeee.20170504.15
Page(s)	141-148
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Demand Response, Electricity Market, Operational Mechanism, Value Assessment

References

[1]	US Department of Energy. Benefits of demand response in electricity markets and recommendations for achieving them: a report to the United State Congress pursuant to section 1252 of the Energy Policy Act of 2005 [R/OL]. [2008-02-21]. http//www.ferc.gov/legal/staff-reports/12-08-demand-response. pdf.
[2]	Zeng Ming, Sun Xin, Zhang Qiping, Lv Zhaomin, Li Tao. Study on incentive mechanism and policy suggestion of power demand side management in China [J]. Power Demand Side Management, 2003, (02): 3-6.
[3]	Federal Energy Regulatory Commission. Assessment of demand response and advanced metering; 2006 staff report [EB/OL]. [2010-03-20] (2013-01-10). http://www.ferc.gov/legal/staff-reports/demandresponse.
[4]	Tao Xiaoma, Zhou Wen. Research progress and literature review of power demand response [J]. Journal of Beijing Institute of Technology (Social Science Edition), 2014, (01): 32-40.
[5]	Us Department of Energy. Benefits of demand response in electricity markets and recommendations for achieving them: a report to the United States congress pursuant to section 1252 of the energy policy act of 2005 [EB/OL]. (2006-02) [2013-01-10].
[6]	Ruan Wenjun, Liu Sha, Li Yang. Overview of US demand response [J]. Power demand side management, 2013, (02): 61-64.
[7]	Pei Lijun. US and Japan demand response mode of operation and incentive mechanism [J]. Power demand side management, 2013, (02): 57-60.
[8]	Zhao Yan, Li Bo Song, Jiang Chuanwen. Under the conditions of open electricity sales under the conditions of China's demand side resources to participate in the power market operating mechanism of the proposed [J]. Power Construction, 2016, (03): 112-116.
[9]	Li Guodong, Liu Lihua, Fu Xueqian. Development of electricity demand side management in Finland [J]. Demand Side Management, 2014, 16 (1): 61-64.
[10]	Lu Yinming. China's power demand side response model method and implementation model [D]. North China Electric Power University (Beijing), 2010.
[11]	Huo Molin, He Sheng. Electric power market reform on the impact of demand response [J]. For electricity, 2017, (03): 16-20 +15.

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APA Style

Dong Jun, Sun Xu, Dou Xihao. (2017). Evaluation of Electricity Demand Response from the Perspective of Marketization. Journal of Electrical and Electronic Engineering, 5(4), 141-148. https://doi.org/10.11648/j.jeee.20170504.15

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ACS Style

Dong Jun; Sun Xu; Dou Xihao. Evaluation of Electricity Demand Response from the Perspective of Marketization. J. Electr. Electron. Eng. 2017, 5(4), 141-148. doi: 10.11648/j.jeee.20170504.15

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AMA Style

Dong Jun, Sun Xu, Dou Xihao. Evaluation of Electricity Demand Response from the Perspective of Marketization. J Electr Electron Eng. 2017;5(4):141-148. doi: 10.11648/j.jeee.20170504.15

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@article{10.11648/j.jeee.20170504.15,
  author = {Dong Jun and Sun Xu and Dou Xihao},
  title = {Evaluation of Electricity Demand Response from the Perspective of Marketization},
  journal = {Journal of Electrical and Electronic Engineering},
  volume = {5},
  number = {4},
  pages = {141-148},
  doi = {10.11648/j.jeee.20170504.15},
  url = {https://doi.org/10.11648/j.jeee.20170504.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jeee.20170504.15},
  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.},
 year = {2017}
}

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TY  - JOUR
T1  - Evaluation of Electricity Demand Response from the Perspective of Marketization
AU  - Dong Jun
AU  - Sun Xu
AU  - Dou Xihao
Y1  - 2017/07/24
PY  - 2017
N1  - https://doi.org/10.11648/j.jeee.20170504.15
DO  - 10.11648/j.jeee.20170504.15
T2  - Journal of Electrical and Electronic Engineering
JF  - Journal of Electrical and Electronic Engineering
JO  - Journal of Electrical and Electronic Engineering
SP  - 141
EP  - 148
PB  - Science Publishing Group
SN  - 2329-1605
UR  - https://doi.org/10.11648/j.jeee.20170504.15
AB  - 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.
VL  - 5
IS  - 4
ER  -

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Author Information

Dong Jun

School of Economics and Management, North China Electric Power University, Beijing, China
Sun Xu

School of Economics and Management, North China Electric Power University, Beijing, China
Dou Xihao

School of Economics and Management, North China Electric Power University, Beijing, China

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APA Style

Dong Jun, Sun Xu, Dou Xihao. (2017). Evaluation of Electricity Demand Response from the Perspective of Marketization. Journal of Electrical and Electronic Engineering, 5(4), 141-148. https://doi.org/10.11648/j.jeee.20170504.15

Copy | Download

ACS Style

Dong Jun; Sun Xu; Dou Xihao. Evaluation of Electricity Demand Response from the Perspective of Marketization. J. Electr. Electron. Eng. 2017, 5(4), 141-148. doi: 10.11648/j.jeee.20170504.15

Copy | Download

AMA Style

Dong Jun, Sun Xu, Dou Xihao. Evaluation of Electricity Demand Response from the Perspective of Marketization. J Electr Electron Eng. 2017;5(4):141-148. doi: 10.11648/j.jeee.20170504.15

Copy | Download

@article{10.11648/j.jeee.20170504.15,
  author = {Dong Jun and Sun Xu and Dou Xihao},
  title = {Evaluation of Electricity Demand Response from the Perspective of Marketization},
  journal = {Journal of Electrical and Electronic Engineering},
  volume = {5},
  number = {4},
  pages = {141-148},
  doi = {10.11648/j.jeee.20170504.15},
  url = {https://doi.org/10.11648/j.jeee.20170504.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jeee.20170504.15},
  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.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Evaluation of Electricity Demand Response from the Perspective of Marketization
AU  - Dong Jun
AU  - Sun Xu
AU  - Dou Xihao
Y1  - 2017/07/24
PY  - 2017
N1  - https://doi.org/10.11648/j.jeee.20170504.15
DO  - 10.11648/j.jeee.20170504.15
T2  - Journal of Electrical and Electronic Engineering
JF  - Journal of Electrical and Electronic Engineering
JO  - Journal of Electrical and Electronic Engineering
SP  - 141
EP  - 148
PB  - Science Publishing Group
SN  - 2329-1605
UR  - https://doi.org/10.11648/j.jeee.20170504.15
AB  - 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.
VL  - 5
IS  - 4
ER  -

Copy | Download