The Western Energy Imbalance Market saw financial benefits soar to a record $71.2 million in the second quarter, according to a CAISO report.

CAISO and PacifiCorp reaped the majority of the Western Energy Imbalance Market’s $42.1 million in gross benefits during the first quarter (Q1 2018).

ISO-NE has barred Invenergy’s planned Clear River Energy Center Unit 2 from offering into February’s capacity auction because of permitting delays.

PacifiCorp and NV Energy can sell power into the Western Energy Imbalance Market (EIM) at market-based rates, FERC has ruled.

The CAISO-run Western EIM has increased the operational flexibility of the region’s utilities, panelists said at the Infocast Transmission Summit West.

Berkshire Hathaway Energy subsidiaries PacifiCorp and NV Energy asked FERC to lift bidding restrictions placed on them in the EIM.

CAISO hauled in the largest share of the $39.52 million in benefits produced by the EIM during the second quarter.

Energy transfer capacity in the EIM footprint is now sufficient to justify removing bid limits that are in effect for some members, the CAISO Monitor says.

Members of the Energy Imbalance Market (EIM) saw increased savings and profits with the addition of Puget Sound Energy and APS.

FERC denied the Berkshire Hathaway Energy request to rehear a ruling prohibiting the company’s subsidiaries from selling electricity at market-based rates.