UK Frequency Response Service Markets and Their Implications for China’s Frequency Regulation Market Construction

doi:10.11930/j.issn.1004-9649.202206029

Abstract

Abstract: The high proportion of renewable energy increases the demand for high-performance frequency response services, which brings challenges to the construction of electricity markets. Ancillary service market mechanism is the key to obtain frequency response services economically and reliably. China is in a critical period of electricity market building. It is therefore necessary to learn from the experiences of foreign advanced markets. This paper introduces the UK frequency response service markets in detail, including the performance requirements, trading mechanism and response mechanism of traditional frequency response services products such as mandatory response services and firm frequency response, and new frequency response services products such as dynamic low high, dynamic containment and so on. An analysis is made on their decentralized, multi-market, long period and high transparency characteristics. Finally, some suggestions are put forward on the development of Chinese frequency response markets .

Key words: electricity market, ancillary services, frequency response, auction mechanism

YE Wensheng, JING Zhaoxia, XUAN Zongheng. UK Frequency Response Service Markets and Their Implications for China’s Frequency Regulation Market Construction[J]. Electric Power, 2023, 56(1): 77-86.

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URL: https://www.electricpower.com.cn/EN/10.11930/j.issn.1004-9649.202206029

https://www.electricpower.com.cn/EN/Y2023/V56/I1/77

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