Access documents related to the Day-Ahead Ancillary Services Initiative Key Project.
The Day-Ahead Ancillary Services Initiative project seeks to develop a market design for procuring and transparently pricing the ancillary service capabilities needed for a reliable, next‐day operating plan with an evolving generation fleet.
One component involves procuring a new day‐ahead ancillary service to cover the “gap” when the day‐ahead market’s physical energy supply awards are below the ISO’s forecast real‐time load. The second component is to procure day-ahead flexible response services to ensure the system is prepared to recover from sudden source‐loss contingencies and can respond quickly to fluctuations in net load during the operating day.
The Day-Ahead Ancillary Services Initiative project is just one of several key projects at the ISO, which continuously undertakes a variety of short- and long-term projects to enhance the region’s competitive wholesale electricity markets and ensure reliable operation of the power grid.