“TORONTO, Dec. 20, 2012 /CNW/ – Ontario’s Independent Electricity System Operator (IESO) has taken a major step forward to increase the participation of alternative technologies such as aggregated loads, flywheels and battery storage in the electricity market by selecting three new suppliers of regulation service, a grid-balancing function traditionally provided by generators – a first for Ontario.
Regulation is a contracted service that acts to match total generation on the system with total demand on a second-by-second basis. By helping to correct small, sudden changes in power system frequency, it balances power flows and maintains the reliability of the power system. This quick response is becoming increasingly important to facilitate more renewable resources like wind and solar, whose output is variable in nature…”
Read the full article here.
Source: Independent Electricity System Operator
