This document summarizes a report by Transparency Market Research on the global ancillary services for power market. It finds that the market is expected to reach $16 billion by 2030, driven by growth in renewable energy generation replacing coal power. The market is projected to advance at an 8% compound annual growth rate during the forecast period. New regulations are also being introduced to manage real-time ancillary services markets during the COVID-19 pandemic. Transparency Market Research provides business information reports and services on sectors like pharmaceuticals, energy, food and beverages, and technology.

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Ancillary Services for Power Market
Ancillary Services for Power Globally Expected to Drive Growth through 2030
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Table of Content
Sr. No. Content
1 Global Economic Outlook
2 Global Ancillary Services for Power Market - Executive Summary
3 Global Ancillary Services for Power Market Overview
4 Global Ancillary Services for Power Market Analysis and Forecast 2020 - 2030
5 North America Ancillary Services for Power Market Size and Forecast, 2020 - 2030
6 Latin America Ancillary Services for Power Market Size and Forecast, 2020 - 2030
7 Europe Ancillary Services for Power Market Size and Forecast, 2020 - 2030
8 Japan Ancillary Services for Power Market Size and Forecast, 2020 - 2030
9 APEJ Ancillary Services for Power Market Size and Forecast, 2020 - 2030
10 MEA Ancillary Services for Power Market Size and Forecast, 2020 - 2030
11 Global Ancillary Services for Power Market – Competitive Assessment and Company Profiles
12 Disclaimer
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Latest TMR Report Explores Impact of COVID-19 Outbreak on Ancillary
Services for Power Market
• The ancillary services for power market is projected to reach a revenue of ~US$ 16 Bn by the end of 2030. This is
evident, since coal-based electricity generation in the India ancillary services for power market is being replaced by
renewable energy plants. Thus, renewable energy generation is one of the key trends, which is fueling growth for
the market of ancillary services for power.
• The global ancillary services for power market is projected to advance at a CAGR of ~8% during the assessment
period. The trend of RE generation is becoming increasingly prominent in countries of Asia.
• New set of regulations are being introduced to manage real-time markets such as the ancillary services for power
amidst the COVID-19 outbreak.
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