Balancing markets are a type of balancing mechanism that keeps the electricity grid stable by matching supply and demand in real time. They allow grid operators to quickly call on flexible resources – like batteries, virtual power plants, traditional power plants, combined heat and power, gas or hydrogen power plants or adjustable loads – to correct imbalances and maintain frequency. As renewable energy grows, these markets become essential for preventing outages and ensuring a reliable power system.
.svg){kind=icon}
.svg){kind=icon}
