Analysis and Evaluation Method of Demand Response Market Potential in Guangdong Province

With the continuous growth of peak demand, demand response (DR) has received extensive attention and research. Potential assessment of DR is the premise of formulating DR strategy and promoting the implementation of DR projects. Based on the actual power load data of Guangdong Province, this paper uses the "bottom-up" method to analyze, which combined with the analysis of power consumption process and participation rate assessment, and proposes a method to analyze and evaluate the DR market potential in Guangdong Province. This paper analyzes the background and development trend of the power system in Guangdong Province, divides the type of DR and the scales of users, and estimates the participation rate and load reduction effect of DR based on the pilot experiences of other provinces and cities in China. The DR market potential estimated and valued by this paper indicates that Guangdong Province has a huge DR market prospect.