Briefing on Western Energy Imbalance Market - Presentation
Transcript of Briefing on Western Energy Imbalance Market - Presentation
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Briefing on western energy imbalance market
Mark RothlederVice President, Market Quality and Renewable Integration
Board of Governors MeetingGeneral SessionJune 28, 2016
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EIM update • Arizona and Puget continue
their respective implementation progress:
– August 1st begins parallel operations, teams begin preparing Readiness Criteria for FERC filing
– October 1st Go-Live
• Idaho Power will join EIM in spring of 2018.
• LADWP has announced its intent to explore EIM participation.
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EIM benefits update
• Total EIM benefits since October 2014 = $64.6M
• 112,948 Mwh curtailment avoided in Q1 2016, displacing 48,342 metric tons of CO2.
Region January February March Total
CAISO 1.97 1.19 3.18 6.35
NV Energy 0.34 0.75 0.62 1.70
PacifiCorp 2.21 4.95 3.69 10.85
Total 4.53 6.89 7.49 18.90Shows the estimated gross benefits summary for the first quarter of 2016 in millions of dollars per EIM entity.
1st Quarter 2016 EIM Benefits
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15-minute prices continue to be stable
PACW PACE
NVE Go LiveNVE Go LivePricing Waiver
EndedPricing Waiver
Ended
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Price discovery waiver ended March 23
NVE Go Live NVE Go LivePricing Waiver Ended
Pricing Waiver Ended
Five-Minute Prices in PAC West Five-Minute Prices in PAC East
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Prices in NVE reflective of system conditions
-$30
-$10
$10
$30
$50
$70
$90
1-D
ec6-
Dec
11-D
ec16
-Dec
21-D
ec26
-Dec
31-D
ec5-
Jan
10-J
an15
-Jan
20-J
an25
-Jan
30-J
an4-
Feb
9-Fe
b14
-Feb
19-F
eb24
-Feb
29-F
eb5-
Mar
10-M
ar15
-Mar
20-M
ar25
-Mar
30-M
ar4-
Apr
9-Ap
r14
-Apr
19-A
pr24
-Apr
29-A
pr4-
May
9-M
ay14
-May
19-M
ay24
-May
29-M
ay
Dai
ly A
vera
ge P
rice
($/M
Wh)
15-Minute 5-Minute
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Net Transfers by area
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Transfer into ISO by supporting resource type
Month Coal (%) Gas (%) Non-Emitting (%) Total
15-May 0.00% 84.37% 15.63% 100%
15-Jun 0.00% 72.95% 27.05% 100%
15-Jul 0.00% 65.16% 34.84% 100%
15-Aug 0.02% 86.48% 13.50% 100%
15-Sep 0.00% 92.27% 7.73% 100%
15-Oct 0.10% 99.90% 0.00% 100%
15-Nov 0.00% 25.25% 74.75% 100%
15-Dec 0.00% 15.79% 84.21% 100%
16-Jan 0.00% 28.97% 71.03% 100%
16-Feb 0.00% 22.21% 77.79% 100%
16-Mar 0.00% 12.72% 87.28% 100%
16-Apr 0.00% 46.26% 53.74% 100%