The invention discloses a coordinated control method for a water hammer effect of a wind power compensation hydraulic turbine. The coordinated control method includes the steps of S1, judging whetherthe change amount of a grid frequency is greater than a given value, and if so, performing a step S2; S2, a fan responding to the change in the grid frequency, and based on a virtual inertia control link, obtaining a first compensation power reference value Pf; S3, judging whether the guide vane opening of a hydraulic turbine changes, and if so, performing a step S4; S4, the fan responding to thechange of the guide vane opening of the hydraulic turbine, and based on a new additional control link, obtaining a second compensation power reference value P[mu]; and S5, acquiring the fan compensation power reference value total amount PTe-ref according to the first compensation power reference value Pf and the second compensation power reference value P[mu]. With the coordinated method of the virtual inertial control and the new additional control, the fan sends out a power shortage for compensating the water hammer effect, the deterioration of the grid frequency is effectively suppressed,and secondary fluctuations in the grid frequency caused by the water hammer effect can be avoided.