Design of Market Structure for Frequency Regulation Service Under Deregulated Power System

This project investigates the frequency related ancillary service for providing regulation in the deregulated environment. The possible market structure that operate in this new environment are charged structure, taken for simulation and the performance is taken for simulation and the performance is analyzed subsequently, a two area system simulation is carried out using random disturbance. Results are shown to demonstrate the effectiveness of the developed models. Bilateral structure with step disturbance