Pierre Rochard (@bitcoinpierre) 's Twitter Profile
Pierre Rochard

@bitcoinpierre

Follow for #Bitcoin insights. VP of Research @RiotPlatforms (NASDAQ: $RIOT). Steward of @CatholicBitcoin . Views here are mine.

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linkhttps://www.linkedin.com/in/pierrerochard/ calendar_today05-12-2021 13:48:57

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Pierre Rochard (@bitcoinpierre) 's Twitter Profile Photo
Pierre Rochard
@bitcoinpierre

4 months ago

Demand-response: load turns off in response to high prices. Ancillary Services: load stays on despite high prices because they are being paid by the grid operator to stay on in reserve, just as a generator in AS would be paid to stay off. Completely different, often conflated.