New Assumption of Regenerative Electric Heating Market Model from the Perspective of Transaction Cost

At present, the demand response resources of large users are gradually full, and the existing ternary market model of thermal storage electric heating is difficult to manage scattered small and medium-sized loads and guide users to participate in the power market. In this study, by introducing a load aggregator, the original ternary market model was transformed into a quaternary market transaction model of new energy enterprises — grids — load aggregators — regenerative electric heating users. Based on the transaction cost theory, the analysis introduced load aggregators The mechanism of the new post-business model on the electricity trading market. It proved that the new model can help reduce transaction costs and promote electricity market transactions.