With the rising proportion of new energy, the existing market mechanism and ancillary service market are no longer able to meet the demand for ensuring supply and promoting consumption in the power system. In response to this issue, this article aims to design a flexible ramping ancillary service operation mechanism that can coordinate with the existing provincial electric energy market and ancillary service market in Shanxi Province, China, including demand analysis, performance evaluation, market pricing, assessment and settlement, in order to meet the urgent demand for the ramping capability of the power system.
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Li et al. (2024) studied this question.
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