Method on Trading-decision for Demand Side Response Resources in Electricity Spot Market Based on Stackelberg Game Model

Yuanrui Hong, Fubin Liu, Fei Du and Xiaogang Li ()
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Yuanrui Hong: East Branch of State Grid Corporation of China
Fubin Liu: East Branch of State Grid Corporation of China
Fei Du: East Branch of State Grid Corporation of China
Xiaogang Li: East Branch of State Grid Corporation of China

A chapter in Proceedings of the 2025 7th International Conference on Economic Management and Model Engineering (ICEMME 2025), 2026, pp 292-304 from Springer

Abstract: Abstract It is an effective way to improve the safety operation of power system to tap into the potential of demand-side regulation capacity with a reasonable demand-side response mechanism, especially in power system with a high proportion of renewable energy resources. On basis of reviewing demand-side response compensation mechanisms in typical electricity markets, this paper proposes a model and method for demand-side response to participate in the electricity spot market transactions based on the stackelberg game model. And the method has been theoretically validated from both system-side and demand-side. The effectiveness of the model and method is verified through a real calculation case. This method not only ensures the market benefits of demand-side response but also helps enhance the proactive engagement of demand-side response resources in power system regulation. It provides valuable references for grid companies in designing demand-side response mechanisms and facilitating the participation of such resources in market transactions.

Keywords: Electricity spot market; demand-side response; trading-decision method; demand-side dispatching; new energy consumption (search for similar items in EconPapers)
Date: 2026
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DOI: 10.2991/978-94-6239-602-9_28

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