DUBLIN, May 08, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/4qzcv2/united_states) has announced the addition of the "United States Power Ancillary Service Market Forecast & Opportunities, 2020" report to their offering.
The power ancillary service market in US is projected to grow at a CAGR of around 8% through 2020
The demand for power ancillary services in the US generally witness a significant increase during winter seasons due to a sudden rise in the demand for electricity. Spinning up power ancillary services are projected to decline during the forecast period whereas spinning down power ancillary services would gain a significant amount of share in the years to come. Moreover, regulation down power ancillary services are expected to witness a slight decline in the coming years.
Power ancillary services are essential for ensuing grid stabilization as well as voltage and frequency stability. With deregulation of electricity in the US, the demand for power ancillary services provided by Interstate Transmission Organization and Regional Transmission Organization is increasing in order to address power failure and breakdown issues. Demand for power ancillary services is growing in the US with a rising number of independent power producers and consumers producing electricity from renewable sources, thereby increasing the requirement for grid synchronization and system frequency stability to feed power into the grid and to maintain a proper flow free from interruptions.
United States Power Ancillary Service Market Forecast & Opportunities, 2020 report elaborates following aspects about the ancillary service market in the US:
- Adopting Renewable Source of Power
- Adopting Strict Norms in Form of Penalizing for Missing Targets
- Storage
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. United States Power Market Outlook
4. United States Power Ancillary Service Market Outlook
5. United States Power Ancillary Service Regulation Market
6. United States Power Ancillary Service Spin Reserves Market
7. United States Power Ancillary Service Pricing
8. United States Power Ancillary Service Cost Components
9. Market Dynamics
10. Trends & Developments
11. Policy and Regulatory Landscape
12. United States Economic Profile
13. Competitive Landscape
14. Strategic Recommendations
Companies Mentioned
- PJM Interconnection LLC
- NYISO
- ERCOT
- California ISO
- MISO
- South West Power Pool
For more information visit http://www.researchandmarkets.com/research/4qzcv2/united_states
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
