Dual-layer Trading Mechanism in the Day-ahead Market Considering Energy Storage as Flexible Ramping Product

With the large-scale integration of wind and solar power into the power grid, their volatility and uncertainty pose significant challenges to the flexible and safe operation of the power system. In order to achieve flexible operation of the power system and fully tap into the flexible regulation ability of the power system. A market trading mechanism model considering demand side flexibility resources has been proposed. Firstly, explore the potential and market behavior of demand side flexibility resources; Establish a game model that considers the participation of flexible ramping products(FRP) and new energy generation companies in the day ahead market by comprehensively analyzing and determining the providers of flexible ramping products; Finally, the effectiveness of the model was verified through case studies.