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July 4, 2024

Energy Imbalance Market (EIM)

Low Gas Prices, Increased Solar Undercut CAISO 2015 Power Costs
CAISO's Department of Market Monitoring reported that solar power surpassed wind in 2015, becoming the largest source of renewable generation.
Berkshire Market-Based Sales Restricted in 4 Western BAAs
FERC  revoked authorization for Berkshire Hathaway Energy subsidiaries to sell wholesale power at market-based rates in four  balancing authority areas.
Berkshire Denied Rehearing on EIM Market Power
FERC upheld a decision that prohibits two companies’ generating units from offering energy into the Western EIM at prices above default energy bids.
CAISO EIM Boosts Market for Renewables in Q1
The expanded western EIM provided California a new outlet for surplus renewables, according to CAISO.
PacifiCorp Offers Lessons for Future EIM Participants
PacifiCorp says future participants in the CAISO EIM forum will benefit from early lessons the company learned attempting to integrate.
Idaho Power Inks Agreement to Join Western EIM
Idaho Power signed an agreement with CAISO to become the sixth utility to join the western Energy Imbalance Market.
FERC Allows CAISO EIM to Identify Adjacent Capacity
CAISO told FERC that its software’s inability to recognize available balancing capacity was creating false scarcity in the market.
CAISO Expands Reach to 7 States with Imbalance Market
The California ISO’s expansion of its energy imbalance market to six other states have some asking the question: Is this the beginning of an RTO West?

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