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A Comparative Study of Trading Mechanisms in China’s Reserve Auxiliary Services Market

  • Yue Guo,
  • Yuming Huang,
  • Yanru Liu,
  • Yi Song,
  • Yaxuan Han,
  • Dunnan Liu

摘要

With the increasing proportion of renewable energy in the power system, the increasing uncertainty on the generation side, the increasing demand for system reserve capacity, and the increasing abundance of reserve auxiliary service market players, the research on reserve capacity and reserve auxiliary service market trading rules is a hot topic at present. This paper takes Northwest China and East China as examples, summarizes the trading rules of reserve auxiliary service market in each region, analyzes the similarities and differences of the rules in each region, and researches the market signals released by the rules, expecting that it will help to formulate and improve the trading rules of reserve auxiliary service market in other regions.