Economic Analysis of Nuclear Energy Storage’s Participation in the Energy/Secondary Frequency Regulation Auxiliary Services Market

In response to the contradiction between the insufficient flexibility of nuclear power due to the high proportion of renewable energy grid connection and the increasing demand for system frequency regulations, this paper proposes a coordinated operation model of a nuclear–storage consortium. It uses all-vanadium redox flow batteries as the flexibility transformation solution. Referring to the PJM market and the Guangdong electricity market mechanism, a two-tier optimization model for the nuclear power–energy storage consortium’s participation in the electricity energy/secondary frequency regulation market is constructed. The upper layer optimizes the scale of energy storage configuration, and the lower layer realizes joint clearing based on the Security-Constrained Unit Commitment–Security-Constrained Economic Dispatch (SCUC-SCED) framework. It takes into account the nuclear frequency regulation safety share constraint and energy storage performance coefficient. The case analysis demonstrates that the configuration of 70 MW/70 MWh vanadium redox flow batteries can increase the annualized net income of the consortium by 2.8429 million yuan, mainly by shifting the nuclear power regulation space from the energy market to the high-value frequency regulation market. This study verifies the feasibility of the nuclear–storage synergy model in enhancing market competitiveness while ensuring nuclear safety, providing a quantitative reference for the flexibility transformation of nuclear power and the design of power market mechanisms.

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Publication Details

Journal
Inventions
Published
2026-07-01
DOI
https://doi.org/10.3390/inventions11040068
Primary Topic
Microgrid Control and Optimization
Type
article
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article

Economic Analysis of Nuclear Energy Storage’s Participation in the Energy/Secondary Frequency Regulation Auxiliary Services Market

Haifeng Liang, B. X. Zhang, Dongzi Li, Jiaoshen Xu et al.
Inventions
Microgrid Control and Optimization
article

Economic Analysis of Nuclear Energy Storage’s Participation in the Energy/Secondary Frequency Regulation Auxiliary Services Market

Haifeng Liang, B. X. Zhang, Dongzi Li, Jiaoshen Xu, Yue Wang, Chutong Wang, Ya Wu, Ge Qin
article en

Abstract

In response to the contradiction between the insufficient flexibility of nuclear power due to the high proportion of renewable energy grid connection and the increasing demand for system frequency regulations, this paper proposes a coordinated operation model of a nuclear–storage consortium. It uses all-vanadium redox flow batteries as the flexibility transformation solution. Referring to the PJM market and the Guangdong electricity market mechanism, a two-tier optimization model for the nuclear power–energy storage consortium’s participation in the electricity energy/secondary frequency regulation market is constructed. The upper layer optimizes the scale of energy storage configuration, and the lower layer realizes joint clearing based on the Security-Constrained Unit Commitment–Security-Constrained Economic Dispatch (SCUC-SCED) framework. It takes into account the nuclear frequency regulation safety share constraint and energy storage performance coefficient. The case analysis demonstrates that the configuration of 70 MW/70 MWh vanadium redox flow batteries can increase the annualized net income of the consortium by 2.8429 million yuan, mainly by shifting the nuclear power regulation space from the energy market to the high-value frequency regulation market. This study verifies the feasibility of the nuclear–storage synergy model in enhancing market competitiveness while ensuring nuclear safety, providing a quantitative reference for the flexibility transformation of nuclear power and the design of power market mechanisms.

InventionsVol. 11(4)
North China Electric Power University (CN), China General Nuclear Power Corporation (China) (CN), State Nuclear Power Technology Company (China) (CN)
Affordable and clean energy
Openalex Percentile: Top 9%
Microgrid Control and Optimization
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