SOURCE: California Independent System Operator Corporation

California Independent System Operator Corporation

November 20, 2015 18:11 ET

Federal Regulators Clear Way for NV Energy Entry Into the Western Energy Imbalance Market

FOLSOM, CA--(Marketwired - November 20, 2015) - The California Independent System Operator Corporation (ISO) and NV Energy have received direction from the Federal Energy Regulatory Commission that allows the Nevada-based utility to move forward with participating in the western Energy Imbalance Market.

The ISO and NV Energy have begun implementing the final steps needed to begin full and financially binding participation in the real-time market Dec.1, 2015.

For more information on EIM, visit the ISO's EIM webpage here.

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The California ISO provides open and non-discriminatory access to one of the largest power grids in the world. The vast network of high-voltage transmission power lines is supported by a competitive energy market and comprehensive grid planning. Partnering with about a hundred clients, the nonprofit public benefit corporation is dedicated to the continual development and reliable operation of a modern grid that operates for the benefit of consumers. Recognizing the importance of the global climate challenge, the ISO is at the forefront of integrating renewable power and advanced technologies that will help meet a sustainable energy future efficiently and cleanly.

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