The instantaneous balance
A grid is not a reservoir of energy but a continuous negotiation. The rotating mass of generators, the inertia of large machines, and the response of grid operators together hold supply and demand in equilibrium second by second. Any imbalance is absorbed first by frequency drift, then by automatic generation response, then by load shedding, and finally by collapse.
This balance is maintained by control rooms whose work is largely invisible to the public. Their decisions are made on time-scales ranging from milliseconds to years — from instantaneous frequency response to the procurement of generation capacity that will not exist for a decade. The grid is, in effect, governed simultaneously across a span of fifteen orders of magnitude of time.