Baringa's ancillary services market report for Continental Europe, initially focusing on the northwest European markets.
Understanding ancillary services is of great importance to our clients across the power sector. System operators procure ancillary services from asset owners to respond to fluctuations in system balance on a time scale from 15 seconds to 15 minutes, for which they of course receive remuneration.
Flexible assets can stack these revenues from ancillary services on top of their income from wholesale markets, while for renewable generators they are important to understand both as a revenue stream and a potential cost driver through imbalance costs.
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