Analysis of wind farm participation in frequency regulation considering multi-market interests

Abstract

For wind farms to participate in the combined energy-frequency regulation (E-FR) market, wind farms are considered as a combination of both power generation and frequency regulation capability, and wind farms bid in both the energy market and the FR market. In this paper, the impact of different bidding decisions on the distribution of wind farm revenues is analyzed in a process where the interest of two markets is played against each other. A wind power probability density prediction model of kernel extreme learning machine (KELM)-particle swarm optimization (PSO)-adaptive diffusion kernel density estimation (AKDE) is established using an improved extreme learning machine (KELM) with good fitting ability and the AKDE method, wind farm bidding is carried out on the premise of wind power probability prediction, which is optimally solved by the multi-objective quantum genetic algorithm, and the optimization results are filtered using entropy-fuzzy C-means clustering. Based on the actual wind farm operation data for simulation analysis, the model analyzes the benefits of wind farm participation in the joint market from different preference perspectives, which is a reference for wind farm participation in bidding decisions.