Ancillary Services refers to the extra support services that energy storage systems provide to maintain a stable and reliable power grid. Think of these as backup services that help keep the electricity network running smoothly, like helping to maintain steady voltage levels or providing emergency power when needed. These services are becoming increasingly important as more renewable energy sources like wind and solar are added to the power grid. Energy storage companies can earn additional revenue by offering these support services to utility companies and grid operators.
Developed pricing strategies for Ancillary Services in multiple energy markets
Managed implementation of Ancillary Service programs for utility-scale battery systems
Led team in optimizing Ancillary Services revenue streams from energy storage assets
Typical job title: "Ancillary Services Managers"
Also try searching for:
Q: How would you develop a strategy to maximize revenue from ancillary services?
Expected Answer: A strong answer should discuss analyzing market prices, understanding grid operator requirements, optimizing battery usage between different services, and creating reliable forecasting models for market opportunities.
Q: What factors do you consider when designing an ancillary services program?
Expected Answer: The candidate should mention market rules, technical capabilities of energy storage systems, operational costs, grid reliability requirements, and revenue potential from different services.
Q: Can you explain how frequency regulation works as an ancillary service?
Expected Answer: Should be able to explain in simple terms how energy storage helps maintain grid frequency by quickly responding to power supply and demand imbalances.
Q: What are the main challenges in providing ancillary services?
Expected Answer: Should discuss balancing battery life, meeting response time requirements, coordinating with grid operators, and managing multiple service commitments.
Q: What are the main types of ancillary services?
Expected Answer: Should list and briefly explain basic services like frequency regulation, voltage support, and backup power supply.
Q: Why are ancillary services important for the power grid?
Expected Answer: Should explain how these services help maintain grid stability and reliability, especially with increasing renewable energy integration.