Western Power Market Yields $650 Million in Benefits, Allowing Effective Use of Carbon-Free Generation

The Western Energy Imbalance market generated about $85 million in savings in the first quarter of this year, with total benefits reaching over $650 million since its launch in November 2014, according to an April 29 press release from the California Independent System Operator Corporation. The market used over 52,000 megawatt-hours of surplus renewable energy…