Energy Imbalance Market
California Grid Operator Aims for 2024 Regional Day-Ahead Market
The California-led real-time Energy Imbalance Market has delivered significant savings to Western power providers, but other regions’ market ambitions are threatening the plan to expand it to a day-head market in three years.
The Northwest Power Pool is developing a capacity sharing program, and the Southwest Power Pool is developing a day-ahead market. […]
Out-of-State Utilities Join Forces to Consider Western Market
Updated Oct. 13
A dozen utilities from Puget Sound to Colorado have announced they’re exploring the formation of a western-wide trading market amid the shifting energy landscape. Such a market could give the California Independent System Operator a run for its money since it is also currently trying to expand its real-time Western Energy Imbalance […]
Report Points to Bureaucratic, Legal and Supply Chain Obstacles to Clean Grid
Staff at the California Public Utilities Commission and Energy Commission are required by law and executive order to ratchet down emissions from the electricity sector and simultaneously add new generation to the grid. But a new CEC report points out several ways the agencies and grid operator’s own bureaucracies–as well as matters outside […]
CAISO Board Focuses on Near Term Needs and Long Term Ambitions
The California grid operator is keeping close tabs on climate crisis-driven wildfires and outage uncertainties while looking down the road towards a regional power market.
Despite wildfires across CAISO’s region, power system conditions have been relatively stable since mid-July, but “extraordinary action” is still needed for procurement of emergency resources, California Independent System Operator […]
Grid Operator Reform with Big Implications for a Western Energy Market
The California Independent System Operator leaders enabled a critical governance change that gives new powers to the Energy Imbalance Market Governing Body, which could transform the energy markets across the entire West, analysts said.
The CAISO Board Aug. 20 voted to give the EIM Governing Body more authority in decisions applicable to each the […]
Shorts
The grid operator’s Western Energy Imbalance Market officially added four community-owned utilities and a federal power agency March 25. The newest members are Turlock Irrigation District and the Balancing Area of Northern California. BANC members are the Modesto Irrigation District, the City of Redding, the City of Roseville, and the Western Area […]