Open AccessStudy on The Mechanism of Flexible Demand-Side Resources Participating in The Electricity Market Under New Situation
Author(s) -
Dunnan Liu,
Qianqian Wang,
Yuan Gao,
Hua Li,
Bo Pang,
Song Li,
Mingguang Liu
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/804/4/042047
Subject(s) - demand side , electricity , dual (grammatical number) , electricity market , resource (disambiguation) , mechanism (biology) , environmental economics , industrial organization , business , computer science , economics , engineering , electrical engineering , philosophy , epistemology , art , computer network , literature
The high proportion of renewables added to the electricity system and the “dual carbon target” require more adjustable resources to keep the power system running smoothly. The flexible resource of demand side is an important adjustable resource, which can help the safe and reliable operation of power system. This paper considers the way that demand-side resources participate in load regulation through the power market, discusses the types and characteristics of demand-side resources, analyses the trading mechanism of demand-side resources participating in various types of markets, and puts forward the benefit calculation methods under different scenarios, which has important reference significance.