The Smart Energy paradigm is fast evolving from niche markets into a standardized part of the global energy portfolio, says a report from Pike Research. Oil majors, national governments, and technology developers have all reached the consensus that a more diversified energy mix is critical to sustainable economic growth in the future. As a result…
Spinning reserves for the grid
Spinning reserves refer to an ancillary service with the purpose of providing online reserve capacity synchronized to the grid and ready to meet electric demand within 10 minutes of a dispatch instruction by a grid operator. In more general terms, spinning reserves are reserves that are quick to come online and are typically used as…