Energy & Grid Management
Molly Glick
Molly Glick
Energy Central Team
·Posted in Energy & Grid Management
Wed, Apr 29

NEWS: Western Energy Imbalance Market continues to deliver with over $8.6 billion in total benefits to date

CAISO’s Western Energy Imbalance Market delivered $382M in participant benefits over Q1. (CAISO)

  • That marks over $8.6B in value since the market came online in 2014. This past quarter’s winners? NV Energy ($103.8M), PacifiCorp ($60.5M), and LADWP ($52.7M) topped the quarterly benefit rankings (out of the 22 balancing authorities currently participating). 

  • These dollars come from cost savings, upped renewable integration, and increased operational efficiencies, among other factors.

  • Worth watching: EDAM, the day-ahead extension, launches tomorrow. Now, it’s positioned to capture value in the segment where most energy trading actually goes down. 

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