Design and Evaluation of Demand Side Market Based on Balance Unit Mechanism of German Electricity Market

Designing a scientific demand-side market mechanism and guiding demand-side resources to play a flexible and regulating role is of great significance to ensuring the safe and stable operation of the new power system. As a country with a high degree of marketization of electricity, Germany has accumulated sufficient experience in promoting energy transformation and ensuring the stability of power grid operation. This paper draws on the experience of Germany and designs two demand side market construction schemes based on the current situation of Chinese demand-side resource participation in the market. The demand-side market evaluation index system is established from four dimensions: improving market economic benefits, ensuring grid operation efficiency, promoting renewable energy consumption, and maintaining market fairness and development. And based on the feasibility evaluation results, the advantages and existing problems of each scheme are discussed and summarized, and relevant suggestions are put forward for the construction of Chinese demand-side market.