Energy imbalance market benefits in the west: A case study of Pacificorp and CAISO

Ren ORANS, Arne OLSON, Jack MOORE, Jeremy HARGREAVES, Ryan JONES, Gabe KWOK, Frederich KAHRL, Chi Keung WOO

Research output: Contribution to journalArticles

1 Citation (Scopus)

Abstract

An energy imbalance market between PacifiCorp and the California Independent System Operator (CAISO) would bring benefits of $21 million to $129 million for the year 2017, an analysis suggests. Preliminary cost estimates of setting up the EIM range from $3 million to $6 million, with an estimated annual cost of $2 million to $5 million. This suggests that a two-party EIM provides a low-cost, low-risk means of achieving operational savings and enabling greater penetration of variable energy resources. Copyright © 2013 Elsevier Inc. All rights reserved.

Original languageEnglish
Pages (from-to)26-36
JournalElectricity Journal
Volume26
Issue number5
Early online dateJun 2013
DOIs
Publication statusPublished - 2013

Citation

Orans, R., Olson, A., Moore, J., Hargreaves, J., Jones, R., Kwok, G., . . . Woo, C. K. (2013). Energy imbalance market benefits in the west: A case study of Pacificorp and CAISO. The Electricity Journal, 26(5), 26-36. doi: 10.1016/j.tej.2013.05.001

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