Document Type

Journal Article

Department/Unit

Department of Economics

Title

Energy imbalance market benefits in the West: A case study of PacifiCorp and CAISO

Language

English

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. © 2013 Elsevier Inc.

Publication Date

2013

Source Publication Title

Electricity Journal

Volume

26

Issue

5

Start Page

26

End Page

36

Publisher

Elsevier

DOI

10.1016/j.tej.2013.05.001

Link to Publisher's Edition

http://dx.doi.org/10.1016/j.tej.2013.05.001

ISSN (print)

10406190

This document is currently not available here.

Share

COinS