As frequency regulation revenue benchmarks hit $25/MW/day in CAISO markets, energy operators face pressing questions: Can traditional assets keep pace with evolving grid demands? What separates profitable participants from those struggling to break even?
As renewable energy penetration exceeds 40% in advanced grids, frequency regulation has become the Achilles' heel of power systems. Did you know a mere 0.5 Hz deviation can trigger cascading blackouts? The North American Electric Reliability Corporation reported 23 frequency-related incidents in Q2 2023 alone – a 17% YoY increase that exposes systemic vulnerabilities.
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