Design of Trading Adjustment Mechanism for Energy Storage in Electricity Market Based on Equivalent Net Load Fluctuation

Abstract

As the proportion of renewable energy connected to grid increases continuously, the volatility and uncertainty of its output affect the safe operation of the power system, so it is necessary to adjust the trading mechanism of electricity market. As a high-quality flexible resource, energy storage becomes an important means to deal with the challenge caused by renewable energy. How to improve the mechanism of electricity market to better play the role of energy storage is worthy of in-depth research. This paper proposes a trading adjustment mechanism for energy storage in electricity market based on the fluctuation degree of equivalent net load, and establishes a joint market model of energy market and frequency regulation market including storage power station. The example simulation shows that the trading adjustment mechanism proposed in this paper can effectively enhance the role of energy storage, and has a good effect on improving the fluctuation degree of net load and reducing system operating costs.