Archive | Energy Imbalance Market RSS feed for this section

Shorts

22 Mar

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 Power Administration–Sierra Nevada […]

The Buzz

11 Mar

Lawmakers express diametric views as to which electricity resources are reliable and affordable during a U.S. Senate Energy Committee hearing. The board of the Western Energy Imbalance Market approves a trio of market changes to help avert avoidable supply crunches when summer temperatures soar in and outside California. Utility regulators across the country seek to […]

Regional Imbalance Market Board Acts to Avert Summer Outages

11 Mar

The Western Energy Imbalance Market board March 10 approved three changes to help avoid a repeat of last August’s blackouts in the California Independent System Operator territory during extreme heat. CAISO also continues to make software fixes. One software glitch allowed the export of power when supplies were critically short as heat and demand spiked […]

News Roundup: CA is #1 in EVs, PG&E Sells Wireless Access to Towers for $1B

3 Feb

Updated Feb. 3 California has done more than any other state to advance vehicle electrification, according to the American Council for an Energy Efficient Economy. “It is the only state to set deadlines for electrifying transit buses, heavy-duty trucks, and commercial vehicles, and to adopt statewide building codes for wiring most types of new buildings […]

JUICE: CAISO Board’s First Woman Chair Focuses on Renewable Integration

9 Dec

The California Independent System Operator is charged with operating 80% of the state’s massive electric highway. The first board of this semi-public entity launched in May 1997. It had 25 directors, five of them women. It included a range of representatives, from private utilities, to independent generation companies, which thrived temporarily, to environmentalists. The first […]

CAISO’s Energy Imbalance Market Has Taken Big Steps but Faces Competition

2 Dec

California’s energy imbalance market had a good 2020. It passed $1 billion in total benefits, added two powerhouse participants, and filed its first plan for expanding into day-ahead trading. But the question of how California can share decision-making with other states continues to block that expansion and potential participants are looking at alternatives. The voluntary EIM […]

Grid Operator’s Budget Inches Downward

16 Nov

The California Independent System Operator’s draft 2021 budget—ranging from salary and contractor costs to market income—is its lowest since 2006, April Gordon, CAISO financial planning director, said during a Nov. 16 presentation. The grid operator’s spending plan for next year is a proposed $181.6 million, 3% below this year’s $187 million revenue requirement. The budget […]

CAISO Executive Redo Launched

10 Nov

The new chief of the California Independent System Operator, Elliot Mainzer, announced an executive reorganization Nov. 6. It switches around managers in market policy, operations, planning and technology departments with the aim of broadening their understanding of how the grid works as it moves towards decarbonization.  “Internal mobility brings new thinking, new blood and new […]

News Roundup: Diablo Goes Down during Flex Alert

15 Oct

Updated Oct. 16 Temperatures at the Southern California coast and in parts of northern California are projected to be 15-25 degrees above normal and the state grid operator has called for residents and businesses to conserve electricity. Making matters worse is that the Diablo Canyon nuclear plant and its 2,200 megawatts of power went offline. […]

Shorts

29 Jul

PG&E and Tesla began construction on a 182.5 MW battery project at Moss Landing in Monterey County, the utility announced July 29. The joint lithium ion storage project is expected to be online in the middle of next year. “Battery energy storage plays an integral role in enhancing overall electric grid efficiency and reliability, integrating […]

Less Demand and Cleaner Options Spell Lower 2019 Costs for CAISO

7 Jul

The California Independent System Operator saw a whopping 17% reduction in overall wholesale electricity market costs in 2019 compared to the year before, thanks to energy efficiency, the deployment of small renewables, more hydropower and less natural gas. Total energy costs last year were $8.8 billion, at an average $41 per megawatt-hour, compared to $10.8 […]

CAISO Chief Laments Lack of Regional Market & Supply Imbalance

15 Jun

Falling sun and wind resources occurring as demand rises, particularly in the evenings, has created a worsening supply gap. It grew 50% this year, California Independent System Operator Chief Executive Officer and President Steve Berberich said. This gap or ramp is now 15,000 MW over a three-hour stretch.  It is expected to reach 20,000 MW. […]

Western Real Time Market Produces $270M in Savings

30 Jan

Participants of the grid operator’s expanding real-time Western Energy Imbalance Market reaped additional economic and environmental benefits. Those include gross benefits of nearly $61 million for the fourth quarter of last year. For all of 2019, it was nearly $270 million. Increased coordination “creates operational savings and greater integration of variable resources to meet the […]

Shorts

29 Oct

Updated Oct. 31. Southern California Edison will take the heat Nov. 13 in Fontana over public power safety shutoffs at a community meeting being organized by the city of Fontana in San Bernardino County just below the Cajon Pass. “Fontana is the windiest city in California,” said Mayor Acquanetta Warren. “We cannot have power outages […]

Juice: The Summer Crisis That Wasn’t?

3 Sep

Earlier this year, state and federal energy officials were ringing their hands that the summer would bring natural gas and electricity shortages and price spikes in Southern California. The assumed culprit was continued limits on SoCal Gas Aliso Canyon natural gas storage field operations and several pipeline outages in the utility’s system. So far the […]

JUICE: Sailing to Grid Regionalization

11 Jun

The announcement by California’s transmission operator that it will become the regional coordinator, not only in its territory, but across big parts of the western grid beginning July 1 generated few headlines. However, the California Independent System Operator becoming the new high wires reliability cop on the beat from Northern Mexico to Canada is a […]

CAISO Sets Level Budget & Looks to New Appointees in 2019

13 Dec

The grid operator’s newly approved budget for the coming year sets a revenue requirement of $193.5 million. It is 2 percent lower than the adopted requirement for 2018. At its final meeting of the year held Dec. 13, the California Independent System Operator’s board of governors also outlined goals for the coming year, particularly to […]

CAISO Chief Laments Grid Regionalization Bill Failure

6 Sep

The grid operator’s chief executive officer went off script in his report to board this week to lambaste those who opposed AB 813. The bill would have authorized the California Independent System Operator to create a multi-state grid and wholesale power market in the West. “Those who opposed this are on the wrong side of […]

The Buzz

19 Jul

The East Bay’s new community choice program adopts a five-year local investment plan that targets local renewable energy, energy efficiency, and electric transportation. In an increasingly rare display of bipartisanship in Washington, members of both parties in the House praise the growing role of energy storage technology during a committee hearing this week. Current’s Juice […]

JUICE: Gridding Our Teeth

17 Jul

As the deadline for voting on legislation to allow California’s grid to become a regional entity gets closer, debate rages on as to whether it would be a boom or bust. A report released July 17, favoring removing barriers to establishing a Western Independent System Operator, warns of the inherent complexities of the legislation, AB […]

error

Please share California's Energy Policy news source with your friends