Market Information Analysis and Strategy Research of Pumped Storage Power Stations to Promote Safe and Reliable Operation of Power System

Abstract

With the proposal of China’s carbon neutral goal, the proportion of renewable energy power generation will be further expanded. Large-scale grid integration of renewable energy will bring huge challenges to power grid control and distribution technology. As an energy storage facility, pumped storage power station has the advantages of quickly responding to load changes and improving power quality, which can effectively improve the flexibility of the power system. This paper first analyzes the impact of power market reform on the investment and daily operation of pumped storage power station. Secondly, this paper conducts research on the relationship between the various entities in the power system related to the operation of pumped storage power stations in the market environment. Finally, the development strategy of promoting pumped storage development and ensuring the safe and reliable operation of power system is put forward through information element correlation analysis.