SOURCE: California Independent System Operator Corporation

California Independent System Operator Corporation

March 26, 2015 18:10 ET

ISO Board Appoints New Member to EIM Transitional Committee

Other Action Includes Approval for EIM System Improvements and Enhancements

FOLSOM, CA--(Marketwired - March 26, 2015) - The California Independent System Operator Corporation (ISO) Board of Governors today took several important actions including appointing a new member to the Energy Imbalance Market (EIM) Transitional Committee as well as approving improvements to the real-time market that launched in November 2014.

The board unanimously appointed David Mills, Puget Sound Energy Vice President of Energy Operations, to the now 12 member Transitional Committee. Puget Sound announced March 5, 2015 that it would begin participating in the EIM in October 2016.

"We welcome Mr. Mills to the EIM Transitional Committee and look forward to working with him on important EIM issues," said Rebecca Wagner, Commissioner, Public Utilities Commission of Nevada and EIM Transitional Committee Chair. "Mr. Mills' expertise and viewpoints will be a great addition to the committee as we develop an EIM governance structure that represents the interests of its participants and provides value to consumers across the West."

In a separate agenda item, Wagner briefed the board on the committee's activities that includes posting a governance straw proposal on March 19. A stakeholder meeting to discuss the proposal is set for March 31 and comments are due on this first iteration by April 16.

The board also took action to approve enhancements to the EIM to address compliance issues and design elements identified since the market launch in November 2014. The first of the two phase implementation plan calls for software modifications to increase the real-time market's scalability and refine how state greenhouse gas costs are handled, among others.

To see the board materials associated with the EIM, including the Year 1 Enhancements -- Phase 1, click 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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