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In practical engineering applications, the investment, income, subsidies and other costs of energy storage batteries have a certain impact on the overall economic benefits of primary frequency modulation. The larger the capacity of the configured battery energy storage system, the better the primary frequency modulation effect will be, but at the same time, the problem is that the cost of investment in the energy storage system will increase, which will offset the benefits of primary frequency modulation loss reduction of its auxiliary photovoltaic station from an economic perspective. Therefore, this paper will clarify the benefits and costs of the primary frequency modulation application environment of the energy storage system, and establish an economic analysis model from delaying the investment of photovoltaic station equipment, reducing the cost of light waste, environmental benefits, direct benefits, government subsidies, energy storage investment costs and other aspects. Finally, a photovoltaic station is taken as an example to simulate and analyse the sensitivity.