Ancillary Services Power Market by Type , Service and Region – Global Market Size Estimation
Ancillary services play a crucial role in electric power systems by ensuring the operational reliability of the bulk power system. Despite constituting a relatively small portion of overall electric power costs, these services are essential. Moreover, in certain regions, the nature and requirements of these services are evolving. In the ancillary services power industry, the services are recognized as a set of secondary services provided to enhance the reliability and availability of energy for consumers.