California Grid Operator Reports $1.62 Billion in 2025 Savings from Western Energy Imbalance Market

The California Independent System Operator on Feb. 13 reported that the Western Energy Imbalance Market delivered $1.62 billion in economic benefits to participating utilities in 2025, raising total cumulative savings to $8.24 billion since the market launched in 2014. The real-time market enables balancing authorities across the Western U.S. to buy and sell electricity every…...