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2023-9-23
1. Background
nThe concept of demand response (DR)
Demand
response
Incentive-based
demand
response
Price-based
demand
response
Interruptible Load
TOU Power Price
Critical Peak Pricing
Real-time Pricing
Direct Load Control
Demand Side Bidding
Emergency Demand Response
Power
System
Electricity
Market
Improving reliability
and stability
Decreasing market risk
Participation
Cost decline
ØDR serves as an effective tool to alleviate intermittent fluctuations of
power systems.
ØThe traditional DR sorely focuses on the economy of the program.
ØDR has also evolved as an effective means of reducing carbon emissions.
VIP
