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
APA Citation
Orans, R., Olson, A., Moore, J., Hargreaves, J., Jones, R., Kwok, G., Kahrl, F., & Woo, C. (2013). Energy imbalance market benefits in the West: A case study of PacifiCorp and CAISO. Electricity Journal, 26 (5), 26-36. https://doi.org/10.1016/j.tej.2013.05.001