Hunan power grid is facing a serious difficulty of peak regulation

and the establishment of a peak regulation auxiliary service market is a key means to solve this difficulty. This article introduces the main trading rules of the Hunan peak regulation ancillary service market. Combining the actual situation of Hunan power grid

the “thermal power—pumped storage—energy storage” multi-resource coordination

“day ahead—day in” two stage optimization of peak regulation auxiliary service market clearing mechanism is established

and a peak-regulation auxiliary services market system is designed. According to the market operation

the results and experience of Hunan peak regulation auxiliary service market are analyzed and summarized

and the follow-up improvement direction is proposed.