The invention discloses a fault current calculation method for an 
electric power system considering excitation regulation characteristics of a double-feed 
wind power generator set. The method comprises the steps that S1, an equivalent controlled 
current source model of the double-feed 
wind power generator set under the influence of excitation regulation characteristics is built; S2, a positive sequence impedance matrix, a negative sequence impedance matrix and a zero sequence impedance matrix of the 
electric power system are built; S3, a fault 
point boundary condition equation in different fault types is built; S4, iterative calculation is carried out for obtaining the controlled 
current source value of the double-feed 
wind power generator set; S5, each sequence 
voltage value of each node during the current iterative calculation is obtained according to the controlled 
current source value of the double-feed 
wind power generator set, an 
electric network node 
voltage equation represented by the impedance matrix and the fault 
point boundary condition equation, and in addition, the practical 
voltage value of nodes is calculated; S6, the difference value between the practical voltage value of the node subjected to the current iterative calculation and the calculation value subjected to the iterative calculation in the former time is obtained, in addition, whether the difference value meets the preset error threshold 
limit value or not is judged, if so, the operation enters the step S7, if not, the correction value of the controlled current source is obtained, and the operation enters the step S5; S7, each sequence current of each 
branch is calculated, and in addition, the fault current value of each 
branch is calculated.