Ancillary services prices reflect the cost of critical grid-balancing services such as spinning reserves, frequency regulation and voltage support. Historically these services generated premium revenues, but market saturation of battery storage and growing renewable variability are making ancillary prices align more closely with energy prices. As storage deployment expands and markets mature, ancillary prices are stabilizing and trending downward..
Past 12 months | Next 12 months forecast
Over the next 12 months, ancillary services prices are expected to remain subdued or drift lower as battery deployment continues and renewable forecasting improves. While occasional price spikes may occur during extreme weather or unexpected renewable deficits, overall costs should stay modest and converge with energy price trends.
Past 3 months | Next 3 months forecast
Past 12 months | Next 12 months forecast