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

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 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 languageEnglish
Pages (from-to)26-36
Number of pages11
JournalElectricity Journal
Volume26
Issue number5
DOIs
Publication statusPublished - Jun 2013

Scopus Subject Areas

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

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