On May 18, Shanxi Energy Regulatory Office issued "Shanxi Primary Frequency Control Market Trading Rules (Trial) ", the market participants include grid-connected generation participants and new energy storage sites. Renewable generation companies are encouraged to purchase frequency regulation services from independent storage operators through negotiated transactions. The rules stipulate that the quotation range of frequency regulation service is 5-10 yuan/MW, and the minimum unit of quotation is 0.1 yuan/MW. Medium-term and long-term transaction contracts between renewable generation companies and independent storage operators must be reported to market operating agencies for the record. The specific medium-term and long-term transaction organization program and the compensation allocation method after the renewable generation companies purchase the primary frequency regulation service of independent storage operators will be formulated separately. This is China's first officially released local policy for energy storage sites to participate in frequency regulation paid services.
Shanxi Energy Regulatory Office Issued "Shanxi Primary Frequency Control Market Trading Rules (Trial) "