Research on Operation Analysis Method of East China Power Grid Peak-Regulation Ancillary Service Market

The East China Power Grid peak-regulation ancillary service market has completed and officially put into operation on New Year's Day in 2019. The main players in the market include the East China Power Grid(ECPG), the power grid enterprises in Jiangsu, Zhejiang, Anhui, Fujian provinces and Shanghai, and the power generation companies in various jurisdictions. Each participant has different operating benefits due to their different positions in the peak regulation process. In this paper, first, the electricity peaking auxiliary service market mechanism is briefly introduced. And then, a comprehensive analysis of the grid operation benefits based on the grid operation, market operation, and settlement during the operation is conducted. Finally, the effectiveness of the East China Power Grid peak-regulation ancillary service market, existing problems and related suggestions are summarized.