Evaluation of Electricity Demand Response from the Perspective of Marketization

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.