Briefing on western energy imbalance market Mark Rothleder Vice - - PowerPoint PPT Presentation

briefing on western energy imbalance market
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Briefing on western energy imbalance market Mark Rothleder Vice - - PowerPoint PPT Presentation

Briefing on western energy imbalance market Mark Rothleder Vice President, Market Quality and Renewable Integration Board of Governors Meeting General Session August 31, 2016 September 1, 2016 Page 1 EIM update APS & PSE have


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Briefing on western energy imbalance market

Mark Rothleder Vice President, Market Quality and Renewable Integration Board of Governors Meeting General Session August 31, 2016 – September 1, 2016

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EIM update

  • APS & PSE have completed

integration and entered parallel

  • perations.
  • APS & PSE have met all

readiness criteria and certified ahead of schedule on Aug. 24 and Aug. 26 respectively.

  • Portland General Electric’s

(PGE) Full Network Model ready for ISO integration. – Enters EIM October 1, 2017

  • Idaho Power Company (IPC)

implementation agreement filed and approved by FERC. – Enters EIM April 1, 2018

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Gross economic benefits since start of EIM = $88.2M

BAA 2014 4th Quarter 2015 1st Quarter 2015 2nd Quarter 2015 3rd Quarter 2015 4th Quarter 2016 1st Quarter 2016 2nd Quarter Total

CAISO $1.24 $1.44 $2.46 $3.48 $5.28 $6.35 $7.89 $28.14 NVE

  • $.84

$1.70 $5.20 $7.74 PAC $4.73 $3.82 $7.72 $8.52 $6.17 $10.85 $10.51 $52.32 Total $5.79 $5.26 $10.18 $12 $12.29 $18.9 $23.59 $88.2

BAA April May June 2016 – Q2 Total CAISO $2.56 $2.24 $3.09 $7.89 NVE $1.09 $1.34 $2.77 $5.2 PAC $4.63 $2.44 $3.44 $10.51 Total $8.27 $6.03 $9.30 $23.59

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15-minute prices continue to be stable

PAC West PAC East

NVE Go Live Pricing Waiver Ended NVE Go Live Pricing Waiver Ended

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Price discovery waiver ended March 23

Five-Minute Prices in PAC West Five-Minute Prices in PAC East

NVE Go Live Pricing Waiver Ended NVE Go Live Pricing Waiver Ended

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Prices in NVE reflective of system conditions

  • $40
  • $20

$0 $20 $40 $60 $80 $100 $120 $140 $160 1-Dec 8-Dec 15-Dec 22-Dec 29-Dec 5-Jan 12-Jan 19-Jan 26-Jan 2-Feb 9-Feb 16-Feb 23-Feb 1-Mar 8-Mar 15-Mar 22-Mar 29-Mar 5-Apr 12-Apr 19-Apr 26-Apr 3-May 10-May 17-May 24-May 31-May 7-Jun 14-Jun 21-Jun 28-Jun 5-Jul 12-Jul 19-Jul 26-Jul 2-Aug 9-Aug Daily Average Price ($/MWh) Fifteen-minute Five-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-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% 16-May 0.00% 51.63% 48.37% 100% 16-Jun 0.00% 67.89% 32.11% 100% 16-Jul 0.00% 82.42% 17.58% 100%

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  • 200,000
  • 150,000
  • 100,000
  • 50,000

50,000 100,000 150,000 200,000 External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area January February March April May June

Mwh

CAISO Import and displacement (MWh) by fuel type

COAL GAS WATR SOLR WIND IMP System OTHER

  • 100,000
  • 80,000
  • 60,000
  • 40,000
  • 20,000

20,000 40,000 60,000 80,000 100,000 External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area January February March April May June

Metric-Tons CO2

CAISO import GHG emission by fuel type

COAL GAS IMP System (Default Rate) CISO CISO CISO CISO CISO CISO CISO CISO CISO CISO CISO CISO

Counter Factual Import Displacement: 2016 Preliminary

10,471 7,529

  • 19,571
  • 8,073
  • 314

12,065 GHG Difference 2,106 Total Difference

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  • 200,000
  • 150,000
  • 100,000
  • 50,000

50,000 100,000 150,000 200,000 CISO CISO CISO CISO CISO CISO January February March April May June

Mwh Axis Title

CAISO export and displacement (MWh) by fuel type

COAL GAS WATR SOLR WIND IMP OTHER System External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area

  • 100,000
  • 80,000
  • 60,000
  • 40,000
  • 20,000

20,000 40,000 60,000 CISO CISO CISO CISO CISO CISO January February March April May June

Metric-Tons CO2

CAISO export GHG emission by fuel type

COAL GAS IMP System (Default Rate) Series6 External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area External EIM Area

Counter-Factual Export Displacement: 2016 Preliminary

  • 25,293
  • 36,289
  • 66,411
  • 73,260
  • 60,564
  • 32,287

GHG Difference

  • 294,105

Total Difference EIM reduces GHG by total of 291,998 Mtons

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Conclusions

  • EIM dispatch reduces GHG emission by 291,998 MTons for

the period January-June 2016.

  • The secondary dispatch GHG effects associated with EIM

transfers to into the ISO to serve load are offset by the GHG reduction effects associated with transfer out of renewables resources displacing external emitting resources.