With the continuous increase in the proportion of new energy, China’s power system will further increase the capacity and flexibility of new energy consumption capacity and flexibility in the future. The combined operation of renewable energy and thermal power can improve the utilization rate of renewable energy and the economy of thermal power operation to a certain extent, and is one of the effective ways to solve the problem of curtailment of wind and solar power. Based on the combing of the market mode of wind-solar-thermal coupling system, this paper discusses the game relationship between wind power, photovoltaic power and thermal power, and proposes the operation strategy of wind-solar-thermal power coupling system under the spot market; Then, with the goal of maximizing economic benefits, a two-stage stochastic optimization model was constructed in the coupled operation mode and the independent operation mode, respectively, and the contribution of the alliance members in the day-ahead market, flexibility contribution and environmental cost contribution was weighed, and the revenue distribution method between renewable energy and thermal power was proposed by introducing the market contribution index; Finally, based on the simulation and verification of a local power grid in Liaoning Province, the results show that the proposed joint operation strategy effectively improves the overall revenue level, and proposes a gain cooperative revenue distribution strategy with computational efficiency, which fully considers the contribution of each entity to the alliance for fair distribution, and is conducive to guiding the coordinated development of new energy and thermal power.