ISO/RTO organizations weighed in on the role of Grid Services to ensure reliability while the energy transition evolves. You can see these ISO/RTO viewpoints by searching FERC's eLibrary for Docket AD21-10-000 and look at the second page of results for today's filings. Very insightful materials - very similar messages across all ISO/RTO's.
I especially want to call out this statement from the NYISO filing as profound and an achievable goal, with the proper design:
As the generating resource mix transforms, the wholesale energy market design in New York will need to evolve between now and 2030 to do a better job of valuing the grid services that will be needed to maintain reliability as the generation fleet changes. Ideally, the wholesale energy market will signal the value of each type of grid service and recognize the value of environmental objectives (either by internalizing into the wholesale markets, or through parallel competitive processes for environmental attribute markets). By evolving energy and ancillary service market design to reflect and incentivize the reliability services needed, wholesale energy and ancillary services markets can meet the full spectrum of New York State policy requirements and needed grid services, with competitive forces guiding the least-cost solution from a diverse set of resources. The wholesale market’s ability to meet multiple objectives at least-cost is especially important given the state’s ambitions to transform the electric grid.