California ISO Board Approves Next Steps for Western EIM

FOLSOM, CA -- (Marketwired) -- 12/18/15 -- The California Independent System Operator (ISO) Board of Governors today approved policies that further implement the western Energy Imbalance Market (EIM) governance structure, enabling stakeholders to begin the process of selecting representatives for the EIM Governing Body nominating committee and liaisons to the regional issues forum.

The board also approved updated rules for distributed energy, including rooftop solar units, to participate in wholesale energy markets; modified the policy for publicly disclosing documents by strengthening its appeals process; and adopted the 2016 budget.

During its public meeting held in Folsom, the board unanimously approved two documents from the western Energy Imbalance Market Transitional Committee to establish an EIM charter and create a selection process for the EIM governing body. It also approved amendments to the ISO corporate bylaws establishing the authority of the EIM governing body.

The board agreed to revisions to the distributed energy resource provider framework initially approved in July 2015. The changes will increase the flexibility for distribution-connected resources to participate in the ISO wholesale markets.

The ISO's 2016 budget of $195.3 million was adopted, reflecting a reduction of more than $3 million over the current year. It is also $7 million under the $202 million cap set by federal regulators.

For more information about the EIM, click here. To see related documents related to this month's board meeting, click here.

California ISO Media Hotline - 888.516.6397

250 Outcropping Way - Folsom, California 95630 - www.caiso.com

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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.

The following files are available for download:

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    Steven [email protected] 608-7170916 990-4295

Source: California Independent System Operator Corporation

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