A reasonable compensation scheme is essential for the frequency modulation ancillary service markets. To optimize the allocation of the frequency modulation resources
the compensation mechanism based on frequency modulation performance is introduced into frequency modulation ancillary service markets in the United States. The latest frequency modulation compensation mechanisms in Pennsylvania-New Jersey-Maryland
California
New York
New England and Midwest of the United States are analyzed and compared
including settlements and calculating methods of mileage and accuracy. Finally
according to the reform in the electric power system in China
the corresponding policy suggestions for developing frequency modulation ancillary service markets and frequency modulation compensation mechanisms are proposed.
Analysis on Coupling Mechanism of Joint Clearing Electricity Prices in Electric Power Energy and Ancillary Service Markets
Review on Aggregation Characteristics and Trading Mechanisms of Virtual Power Plant for Enhancing System Response Capability
Analytical and Computational Method for System Balancing Cost Caused by Renewable Energy Accommodation
Bidding Strategy for Battery Swapping Station Participating in Electricity Energy and Frequency Regulation Market Considering Demand Response of Battery Swapping
Related Author
LIU Yue
ZHANG Zhong
YIN Zhenbin
SUN Changhai
WANG Fei
WANG Ge
XU Fei
PAN Qi
Related Institution
School of Electrical Engineering, Dalian University of Technology
State Key Laboratory of Power System Operation and Control (Tsinghua University)
School of Electrical and Electronic Engineering, North China Electric Power University
State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources (North China Electric Power University)
Department of Electrical Engineering, Tsinghua University