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; C. K. Woo

doi:10.1016/j.tej.2013.05.001

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, C. K. Woo

^*Corresponding author for this work

Research output: Contribution to journal › Journal article › peer-review

3 Citations (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.

Original language	English
Pages (from-to)	26-36
Number of pages	11
Journal	Electricity Journal
Volume	26
Issue number	5
DOIs	https://doi.org/10.1016/j.tej.2013.05.001
Publication status	Published - Jun 2013

Scopus Subject Areas

Business and International Management
Energy (miscellaneous)
Management of Technology and Innovation

Access to Document

10.1016/j.tej.2013.05.001

Cite this

@article{f651b98b5192408d971a856f05616b03,

title = "Energy imbalance market benefits in the west: A case study of pacificorp and CAISO",

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.",

author = "Ren Orans and Arne Olson and Jack Moore and Jeremy Hargreaves and Ryan Jones and Gabe Kwok and Frederich Kahrl and Woo, {C. K.}",

year = "2013",

month = jun,

doi = "10.1016/j.tej.2013.05.001",

language = "English",

volume = "26",

pages = "26--36",

journal = "Electricity Journal",

issn = "1040-6190",

publisher = "Elsevier Inc.",

number = "5",

}

TY - JOUR

T1 - Energy imbalance market benefits in the west

T2 - A case study of pacificorp and CAISO

AU - Orans, Ren

AU - Olson, Arne

AU - Moore, Jack

AU - Hargreaves, Jeremy

AU - Jones, Ryan

AU - Kwok, Gabe

AU - Kahrl, Frederich

AU - Woo, C. K.

PY - 2013/6

Y1 - 2013/6

N2 - 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.

AB - 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.

UR - http://www.scopus.com/inward/record.url?scp=84880136356&partnerID=8YFLogxK

U2 - 10.1016/j.tej.2013.05.001

DO - 10.1016/j.tej.2013.05.001

M3 - Journal article

AN - SCOPUS:84880136356

SN - 1040-6190

VL - 26

SP - 26

EP - 36

JO - Electricity Journal

JF - Electricity Journal

IS - 5

ER -

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

Abstract

Scopus Subject Areas

Access to Document

Other files and links

Fingerprint

Cite this