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Market products and services help balance energy supply and demand

In collaboration with stakeholders, the ISO has introduced market products and services that help balance supply and demand and increase efficiency.

Ancillary services

The following types of ancillary services are traded in ISO markets: regulation up, regulation down, spinning reserve and non-spinning reserve.

Congestion revenue rights

Financial instruments that can be used by their holders to offset congestion charges that may arise in the day-ahead market.

Convergence bidding

This market feature allows a scheduling coordinator representing a registered convergence bidding entity to submit bids in the day-ahead market.