Terahertz (THz) radiation couples to a two-dimensional electron plasma in high-electronmobility heterostructures which allows one to study fundamental properties of this electron system and construct plasma-based devices. This article reviews some of the recent results of theoretical and experimental studies on plasmon-THz photon interaction. In particular, plasma dispersion relations, mechanisms of THz-field rectification and ultrastrong light-matter coupling are discussed in conventional structures based on GaAs and CdTe and new materials-graphene and black phosphorus.