FERC Approves Implementation for ISO-PacifiCorp Energy Imbalance Market
Submitted by aburr on Wed, 2013-07-17 13:20The Federal Energy Regulatory Commission (FERC) approved the implementation agreement between the California Independent System Operator (ISO) and PacifiCorp that establishes the scope and schedule for a variety of tasks the parties will undertake to launch an energy imbalance market (EIM) by October 2014. Among its provisions, the implementation agreement sets out procedures for PacifiCorp to pay the ISO a $2.1 million fixed start-up fee to enable PacifiCorp to participate in the ISO’s existing energy imbalance market.