Under　the　background　of　green　and　low-carbon　energy　transitionthe　FMFrequency　Modulationgap　of　power　system　is　increasing.　Energy　storage　has　great　performance　advantage　in　FM　auxiliary　service　market.　Reasonable　market　mechanism　can　correctly　guide　energy　storage　to　provide　auxiliary　service　orderly　and　obtain　benefits.　Thereforea　series　of　FM　performance　indexes　of　regulation　accuracyresponse　timeregulation　speed　are　setand　the　efficiency　factor　is　introduced　to　reflect　the　advantages　of　fast　FM　resourcesand　the　market　is　encouraged　to　actively　introduce　high-quality　energy　storage　FM　resources　to　optimize　the　allocation　of　FM　resources　in　the　system.　Considering　the　real-time　state　of　charge　of　energy　storagethe　capacity　balance　factor　is　set　to　adjust　the　pricing　strategy　of　energy　storagethe　influence　of　the　scenarios　with　and　without　energy　storage　on　the　system　FM　is　compared　and　analyzedand　the　advantages　of　independent　energy　storage　participating　in　the　FM　auxiliary　service　market　and　the　problems　that　need　to　be　improved　are　objectively　analyzed.　An　example　is　given　to　verify　the　effectiveness　of　the　proposed　mechanism.　©　2022　Electric　Power　Automation　Equipment　Press.　All　rights　reserved.