Pharma Packaging and Labelling Innovation Summit

Conference Overview

Nowadays, value creation within power utilities is becoming more difficult: overcoming market participation barriers, changes of regulations, use of renewable energy or storage issues raise the question of better control of energy usage, capacity management or more efficient ways of consumer engagement. Ancillary Services and Demand Response Market participants are looking for methods to design successful energy markets and get the best value out of them.

Value drivers are greatly based on the market and the environment. That is why increased need for flexibility and balancing markets are becoming major issues to stakeholders. There is a lot of value that can be generated in playing the frequency in Ancillary Market arena. The benefits are enormous: increased overall stability of the network, overall efficiency of markets and improved customer value proposition.

Maintenance of balanced system is always challenging, but smart methods to optimize Ancillary Services helps to avoid unexpected changes or energy flows. Improved reliability and increased efficiency can easily be reached if Ancillary Services and Demand Response Market players choose to improve the market through international cooperation.