A new report from the Lawrence Berkeley National Laboratory aims to advise renewable energy asset owners on the value of participating in ancillary services markets as an additional revenue source and grid resiliency tool.
Researchers analyzed standalone wind and solar deployments in the seven U.S. electricity markets, as well as hybrid wind and solar paired with energy storage. Historically, wind and solar participation in ancillary services markets have been “low to non-existent,” the authors wrote.