Multi-Market Coordination Operation Strategy for PV-Storage Systems Considering Zone-Based Frequency Regulation Strategy

Energy storage systems (ESSs) installed alongside traditional photovoltaic (PV) power plants are primarily used to track planned output, which often results in low utilization rates and extended payback periods. Moreover, existing research inadequately addresses actual grid frequency fluctuation characteristics and lacks multi-timescale optimization frameworks. To address these issues, this paper proposes a day-ahead and intraday multi-market coordinated rolling optimization strategy that integrates energy market trading with Automatic Generation Control (AGC) frequency regulation services through a zone-based frequency regulation control strategy. The strategy first defines distinct regulation zones based on regional control deviations, enabling a dynamic power allocation approach for the energy storage system. Recognizing that conventional constant power control can lead to battery overcharging, over-discharging, and reduced cycle life, the strategy introduces state of charge (SOC)-based variable power charging and discharging constraint coefficients. These constraints ensure the battery operates safely within its optimal range. Furthermore, an electrochemical energy storage life decay model is developed to quantify battery degradation. To accommodate the uncertainty in PV output, Latin hypercube sampling is employed. A day-ahead dispatch model is established to maximize the system’s total daily operating revenue, and rolling optimization is applied during the intraday phase to correct deviations from the day-ahead forecast. Finally, simulation studies using actual data from a PV power plant demonstrate that the proposed strategy achieves a total daily revenue of 107,477 ¥, representing a 24.6% improvement over energy market-only participation; battery aging costs are reduced by 11.1% compared to the scenario without zone-based frequency regulation control. Results indicate that the proposed strategy effectively balances battery life degradation against market revenue, significantly improving the overall operational efficiency and economic viability of PV-storage hybrid systems.