The development and utilization of new energy is one of the biggest issues facing mankind. With the rapid development of new energy, its proportion in the power system is getting higher and higher, which will inevitably lead to the increase of the peak–valley difference of the power grid, resulting in a series of stability problems. The connection of energy storage devices to the power grid can not only effectively utilize the power equipment, reduce the power supply cost, but also promote the application of new energy, improve the stability of the system operation, reduce the peak–valley difference of the power grid, and play an important role in the power system. In this paper, the simulation is carried out in PSS/E, and the excitation model and energy storage model are established based on the user-defined function of PSS/E. The particle swarm optimization algorithm is used to optimize the parameters of the excitation system and the energy storage control system, and the performance difference of peak regulation before and after adding the energy storage model and parameter optimization is simulated and compared. Through simulation, the correctness of the user-defined model of excitation and energy storage and the feasibility and superiority of energy storage participating in peak regulation are verified.
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