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

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 i...

Full description

Saved in:
Bibliographic Details
Main Authors: Wensheng YE, Zhaoxia JING, Zongheng XUAN
Format: Article
Language:zho
Published: State Grid Energy Research Institute 2023-01-01
Series:Zhongguo dianli
Subjects:
Online Access:https://www.electricpower.com.cn/CN/10.11930/j.issn.1004-9649.202206029
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary: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 .
ISSN:1004-9649