A method for allocating demand response benefits considering contribution degree

Abstract

To enhance the operational level of demand response transactions in the new power system and meet the requirements for refined management of demand response transactions, this paper proposes a novel method for allocation of demand response benefits. This method introduces the concept of contribution degree, and based on considering the contribution degree of agent users, it achieves a refined allocation of demand response benefits. This approach enables precise evaluation of agent users' participation in demand response, effectively enhancing their enthusiasm to engage in demand response, and promoting the level of market-oriented transactions in demand response. Practical applications have demonstrated the accuracy and effectiveness of this scheme in market-oriented demand response transactions.