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HomeMy WebLinkAbout20230809Quarterly Report.pdfLISA O’HARA Corporate Counsel lo’hara@idahopower.com August 9, 2023 Ms. Jan Noriyuki Secretary Idaho Public Utilities Commission PO Box 83720 Boise, ID 83720-0074 Re: Case No. IPC-E-16-19 Deferral and Recovery of Costs Associated with Participation in Energy Imbalance Market – California Independent System Operator (“CAISO”) Quarterly Energy Imbalance Market (“EIM”) Benefits Assessment Report Dear Ms. Noriyuki: Pursuant to Order No. 33706 issued in Case No. IPC-E-16-19, Idaho Power Company (“Idaho Power” or “Company”) hereby submits the quarterly CAISO Western EIM Benefits Report (“Report”) for the second quarter of 2023. The Report presents CAISO’s quantification of benefits associated with participation in the Western EIM. For the second quarter of 2023, CAISO estimated Western EIM gross benefits of $31.52 million for Idaho Power. The EIM has provided financial benefits to the Company, and ultimately its customers. However, as discussed in Idaho Power’s prior quarterly compliance filings as well as the Company’s May 24, 2019, Report of EIM Benefits and Costs of Participation, CAISO’s calculation of benefits for Idaho Power is overstated due to several of the modeling assumptions used in its benefit calculation. The Company developed a more precise methodology, that uses inputs specific to Idaho Power, for determining actual EIM benefits, the details of which are discussed in the Company’s May 24, 2019, Report of EIM Benefits and Costs of Participation. If you have any questions regarding this report, please contact Matt Larkin, Revenue Requirement Senior Manager, at (208) 388-2461 or mlarkin@idahopower.com. Sincerely, Lisa J. O’ Hara Enclosure RECEIVED Wednesday, August 9, 2023 4:46:32 PM IDAHO PUBLIC UTILITIES COMMISSION WESTERN ENERGY IMBALANCE MARKET BENEFITS REPORT Second Quarter 2023 Prepared by: Market Analysis and Forecasting July 31, 2023 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 2 of 42 CONTENTS EXECUTIVE SUMMARY ........................................................................................................ 3 BACKGROUND .................................................................................................................... 4 WEIM ECONOMIC BENEFITS IN Q2 2023 ............................................................................ 5 CUMULATIVE ECONOMIC BENEFITS SINCE INCEPTION ................................................................. 6 INTER-REGIONAL TRANSFERS ........................................................................................................ 6 WHEEL-THROUGH TRANSFERS ....................................................................................................... 9 REDUCED RENEWABLE CURTAILMENT AND GHG REDUCTIONS .................................. 16 FLEXIBLE RAMPING PROCUREMENT DIVERSITY SAVINGS ........................................... 17 CONCLUSION..................................................................................................................... 18 APPENDIX 1: GLOSSARY OF ABBREVIATIONS ............................................................... 19 APPENDIX 2: MAXIMUM TRANSFER CAPACITIES............................................................ 20 APPENDIX 3: MINIMUM & MAXIMUM FLEXIBLE RAMPING REQUIREMENTS .................. 38 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 3 of 42 EXECUTIVE SUMMARY This report presents the benefits associated with participation in the Western Energy Imbalance Market (WEIM). The measured benefits of participation in the WEIM include cost savings, increased integration of renewable energy, and improved operational efficiencies including the reduction of the need for real-time flexible reserves. This analysis demonstrates the benefit of economic dispatch in the real time market across a larger WEIM footprint with diverse resources and geography. Q2 2023 Gross Benefits by Participant (millions $) Arizona Public Service $11.95 AVANGRID $8.78 Avista $4.98 BANC $17.72 BPA $7.49 California ISO $70.47 EPE $3.04 Idaho Power $31.52 LADWP $17.09 NV Energy $46.16 NorthWestern Energy $4.44 PacifiCorp $37.49 Portland General Electric $13.84 PNM $7.29 Puget Sound Energy $6.46 Powerex $34.09 Seattle City Light $5.14 Salt River Project $22.83 Tacoma Power $4.86 TEP $5.43 TID $1.72 WALC $17.12 Total $379.91 Gross benefits from WEIM since November 2014 $4.20 billion ECONOMICAL $379.91 M Gross benefits realized due to more efficient inter-and intra-regional dispatch in the Fifteen-Minute Market (FMM) and Real-Time Dispatch (RTD)* ENVIRONMENTAL 63,745 Metric tons of CO2** avoided curtailments OPERATIONAL 49% Average reduction in flexibility reserves across the footprint 2023 Q2 BENEFITS WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 4 of 42 *WEIM Quarterly Benefit Report Methodology: https://www.westerneim.com/Documents/EIM-BenefitMethodology.pdf. **The GHG emission reduction reported is associated with the avoided curtailment only. The current market process and counterfactual methodology cannot differentiate the GHG emissions resulting from serving ISO load via the WEIM versus dispatch that would have occurred external to the ISO without the WEIM. For more details, see http://www.caiso.com/Documents/GreenhouseGasEmissionsTrackingReport-FrequentlyAskedQuestions.pdf BACKGROUND The Western EIM began financially binding operation on November 1, 2014, by optimizing resources across the ISO and PacifiCorp Balancing Authority Areas (BAAs). Since then, the WEIM has continued to grow and now includes 22 market participants and represents nearly 80% of the demand for electricity in the Western interconnection. Today, the Western EIM footprint includes portions of Arizona, California, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming, Texas and extends to the border with Canada. California ISO 2014 PacifiCorp 2014 NV Energy 2015 Arizona Public Service 2016 Puget Sound Energy 2016 Portland General Electric 2017 Powerex 2018 Idaho Power 2018 BANC 2019 Seattle City Light 2020 Salt River Project 2020 TID 2021 PNM 2021 LADWP 2021 NorthWestern Energy 2021 Tacoma Power 2022 Avista 2022 TEP 2022 BPA 2022 AVANGRID 2023 EPE 2023 WALC 2023 TABLE 1: WEIM participants WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 5 of 42 WEIM ECONOMIC BENEFITS IN Q2 2023 Table 2 shows the estimated WEIM gross benefits by each region per month1. The monthly savings presented show $150.21 million for April, $105.89 million for May, and $123.81 million for June with a total estimated benefit of $379.91 million for this quarter2. This level of WEIM benefits accrued from having additional WEIM areas participating in the market and economical transfers displacing more expensive generation. Region April May June Total APS $6.78 $2.48 $2.69 $11.95 AVRN $4.48 $2.46 $1.84 $8.78 AVA $2.44 $1.50 $1.04 $4.98 BANC $9.74 $4.79 $3.19 $17.72 BPA $3.60 $2.29 $1.60 $7.49 CISO $25.29 $19.98 $25.20 $70.47 EPE $1.41 $0.79 $0.84 $3.04 IPCO $8.43 $17.86 $5.23 $31.52 LADWP $6.59 $6.28 $4.22 $17.09 NVE $20.32 $8.89 $16.95 $46.16 NWMT $2.75 $0.99 $0.70 $4.44 PAC $10.78 $11.87 $14.84 $37.49 PGE $5.87 $3.82 $4.15 $13.84 PNM $3.93 $1.75 $1.61 $7.29 PSE $3.44 $1.06 $1.96 $6.46 PWRX $12.25 $3.15 $18.69 $34.09 SCL $2.33 $1.21 $1.60 $5.14 SRP $11.05 $5.34 $6.44 $22.83 TPWR $3.00 $0.59 $1.27 $4.86 TEP $3.09 $1.30 $1.04 $5.43 TID $0.90 $0.53 $0.29 $1.72 WALC $1.74 $6.96 $8.42 $17.12 Total $150.21 $105.89 $123.81 $379.91 TABLE 2: Q2 2023 benefits in millions USD 1 The WEIM benefits reported here are calculated based on available data. Intervals without complete data are excluded in the calculation. The intervals excluded due to unavailable data are normally within a few percent points of the total intervals. 2 For several quarterly estimates, CAISO benefits were calculated on a variation of the counterfactual methodology. For CAISO only the logic had considered offline resources as part of the bid stack in the counterfactual. In Q4 2021, CAISO identified some questionable results that drove persistent negative benefits for CAISO when considering offline resources. Since Q4 2021, the benefit calculation for CAISO area follows the same methodology applicable to all WEIM entities in which only online resources are used. WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 6 of 42 CUMULATIVE ECONOMIC BENEFITS SINCE INCEPTION Since the start of the WEIM in November 2014, the cumulative economic benefits of the market have totaled $4.20 billion. The quarterly benefits have grown over time as a result of the participation of new BAAs, which results in benefits for both the individual BAA but also compounds the benefits to adjacent BAAs through additional transfers. The ISO began publishing quarterly WEIM benefit reports in April 2015.3 Graph 1 illustrates the gross economic benefits of the WEIM by quarter for each participating BAA. GRAPH 1: Cumulative economic benefits for each quarter by BAA INTER-REGIONAL TRANSFERS A significant contributor to WEIM benefits is transfers across balancing areas, providing access to lower cost supply, while factoring in the cost of compliance with greenhouse gas (GHG) emissions regulations when energy is transferred into the ISO. As such, the transfer volumes are a good indicator of a portion of the benefits attributed to the WEIM. Transfers can take place in both the 15-Minute Market and Real-Time Dispatch (RTD). Generally, transfer limits are based on transmission and interchange rights that participating balancing authority areas make available to the WEIM, with the exception of the PacifiCorp West (PACW) -ISO transfer limit and the Portland General Electric (PGE) -ISO transfer limit in RTD. These RTD transfer capacities between PACW/PGE and the ISO are determined based on the allocated dynamic transfer capability driven by system operating conditions. This report 3 Prior reports are available at https://www.westerneim.com/Pages/About/QuarterlyBenefits.aspx WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 7 of 42 does not quantify a BAA’s opportunity cost that the utility considered when using its transfer rights for the WEIM. Appendix 2 provides the 15-minute and 5-minute WEIM transfer volumes with base schedule transfers excluded. The WEIM entities submit inter-BAA transfers in their base schedules. The benefits quantified in this report are only attributable to the transfers that occurred through the WEIM. The benefits do not include any transfers attributed to transfers submitted in the base schedules that are scheduled prior to the start of the WEIM. The transfer from BAA_x to BAA_y and the transfer from BAA_y to BAA_x are separately reported. For example, if there is a 100 Megawatt-Hour (MWh) transfer during a 5-minute interval, in addition to a base transfer from ISO to NVE, it will be reported as 100 MWh from_BAA ISO to_BAA NEVP, and 0 MWh from_BAA NEVP to_BAA ISO in the opposite direction. The 15-minute transfer volume is the result of optimization in the 15-minute market using all bids and base schedules submitted into the WEIM. The 5-minute transfer volume is the result of optimization using all bids and base schedules submitted into WEIM, based on unit commitments determined in the 15-minute market optimization. The maximum transfer capacities between WEIM entities are shown in Appendix 2: Maximum Transfer Capacities. WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 8 of 42 GRAPH 2: WEIM transfer WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 9 of 42 WHEEL-THROUGH TRANSFERS As the footprint of the WEIM grows, wheel-through transfers may become more common. In order to derive the wheel-through transfers for each WEIM BAA, the ISO uses the following calculation for every real-time interval dispatch:  Total import: summation of transfers above base transfers coming into the WEIM BAA under analysis  Total export: summation of all transfers above base transfers going out of the WEIM BAA under analysis  Net import: the maximum of zero or the difference between total imports and total exports  Net export: the maximum of zero or the difference between total exports and total imports  Wheel-through: the minimum of the WEIM transfers into (total import) or WEIM transfer out (total export) of a BAA for a given interval All wheel-through transfers are summed over both the month and the quarter. Currently, a WEIM entity facilitating a wheel through receives no direct financial benefit for facilitating the wheel; only the sink and source directly benefit. As part of the WEIM Consolidated Initiatives stakeholder process, the ISO committed to monitoring the wheel through volumes to assess whether, after the addition of new WEIM entities, there is a potential future need to pursue a market solution to address the equitable sharing of wheeling benefits. The ISO will continue to track the volume of wheel-through transfers in the WEIM market in the quarterly reports. This volume reflects the total wheel-through transfers for each WEIM BAA, regardless of the potential paths used to wheel through. The net imports and exports estimated in this section reflect the overall volume of net imports and exports; in contrast, the imports and exports provided in Table 2 reflect the gross transfers between two WEIM BAAs. The metric is measured as energy in MWh for each month and the corresponding calendar quarter, as shown in Tables 3 through 6 and Graphs 3 through 6. BAA Net Export Net Import Wheel Through AVA 83,708 170,476 65,387 AVRN 215,524 42,904 42,335 AZPS 268,828 262,500 594,887 BANC 82,686 242,637 - BPAT 206,468 177,798 141,432 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 10 of 42 TABLE 3: Estimated wheel-through transfers in Q2 2023 CISO 2,758,377 552,611 588,055 EPE 135,298 70,983 72 IPCO 66,404 314,349 296,746 LADWP 146,132 233,543 121,801 NEVP 531,979 122,291 423,789 NWMT 65,081 48,051 57,983 PACE 145,515 1,057,669 191,496 PACW 222,215 76,703 455,045 PGE 81,416 310,021 100,230 PNM 148,523 97,109 106,910 PSEI 114,170 203,698 147,262 PWRX 4,583 1,005,970 13,819 SCL 16,380 116,835 21,663 SRP 564,023 461,313 150,218 TEPC 178,019 337,524 78,230 TIDC 26,769 40,453 - TPWR 10,154 64,412 18,361 WALC 15,285 77,686 206,647 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 11 of 42 GRAPH 3: Estimated wheel-through transfers in Q2 2023 BAA Net Export Net Import Wheel Through AVA 13,905 64,563 15,506 AVRN 61,861 14,989 13,969 AZPS 121,457 53,838 161,576 BANC 26,610 80,005 - BPAT 51,839 78,988 73,511 CISO 714,265 192,065 267,543 EPE 38,198 9,655 - IPCO 36,160 66,661 120,424 LADWP 66,911 60,296 23,187 NEVP 165,012 35,659 124,786 NWMT 40,411 6,877 12,557 PACE 58,542 303,973 77,749 PACW 71,031 15,652 158,406 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 12 of 42 PGE 18,789 110,173 41,402 PNM 63,906 11,852 31,180 PSEI 53,791 75,682 46,512 PWRX 907 399,482 5,695 SCL 3,866 52,064 5,777 SRP 193,201 152,145 35,154 TEPC 63,820 63,807 23,184 TIDC 14,504 12,730 - TPWR 3,646 17,733 5,147 WALC 6,072 9,818 33,303 TABLE 4: Estimated wheel-through transfers in April 2023 GRAPH 4: Estimated wheel-through transfers in April 2023 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 13 of 42 BAA Net Export Net Import Wheel Through AVA 50,639 27,639 33,824 AVRN 82,119 12,298 16,028 AZPS 51,454 110,503 206,315 BANC 35,715 97,092 - BPAT 97,642 33,326 27,192 CISO 972,500 158,792 123,775 EPE 37,229 34,252 34 IPCO 12,228 112,093 73,833 LADWP 39,248 97,536 53,494 NEVP 153,920 58,504 155,017 NWMT 11,336 23,734 20,108 PACE 34,958 416,454 19,433 PACW 88,983 22,901 137,422 PGE 33,934 77,365 30,163 PNM 45,526 33,534 32,972 PSEI 33,478 55,684 45,514 PWRX 2,521 191,180 2,801 SCL 7,839 13,176 11,153 SRP 142,958 169,501 69,867 TEPC 33,498 153,387 22,389 TIDC 2,242 17,621 - TPWR 4,852 17,611 8,247 WALC 6,693 47,329 74,400 TABLE 5: Estimated wheel-through transfers in May 2023 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 14 of 42 GRAPH 5: Estimated wheel-through transfers in May 2023 BAA Net Export Net Import Wheel Through AVA 19,164 78,274 16,057 AVRN 71,544 15,617 12,339 AZPS 95,917 98,159 226,996 BANC 20,361 65,540 - BPAT 56,987 65,484 40,729 CISO 1,071,612 201,754 196,737 EPE 59,871 27,076 38 IPCO 18,015 135,595 102,490 LADWP 39,973 75,712 45,120 NEVP 213,046 28,128 143,986 NWMT 13,334 17,440 25,318 PACE 52,016 337,242 94,314 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 15 of 42 PACW 62,201 38,150 159,217 PGE 28,693 122,483 28,666 PNM 39,092 51,723 42,758 PSEI 26,901 72,332 55,236 PWRX 1,154 415,308 5,323 SCL 4,674 51,595 4,734 SRP 227,863 139,667 45,197 TEPC 80,701 120,330 32,657 TIDC 10,023 10,103 - TPWR 1,656 29,068 4,967 WALC 2,520 20,538 98,944 TABLE 6: Estimated wheel-through transfers in June 2023 GRAPH 6: Estimated wheel-through transfers in June 2023 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 16 of 42 REDUCED RENEWABLE CURTAILMENT AND GHG REDUCTIONS The WEIM benefit calculation includes the economic benefits that can be attributed to avoided renewable curtailment within the ISO footprint. If not for energy transfers facilitated by the WEIM, some renewable generation located within the ISO would have been curtailed via either economic or exceptional dispatch. The total avoided renewable curtailment volume in MWh for Q2 2023 was calculated to be 38,770 MWh (April) + 57,896 MWh (May) + 52,272 MWh (June) = 148,938 MWh total. There are environmental benefits of avoided renewable curtailment as well. Under the assumption that avoided renewable curtailments displace production from other resources at a default emission rate of 0.428 metric tons CO2/MWh, avoided curtailments displaced an estimated 63,745 metric tons of CO2 for Q2 2023. Avoided renewable curtailments also may have contributed to an increased volume of renewable credits that would otherwise have been unavailable. This report does not quantify the additional value in dollars associated with this benefit. Total estimated reductions in the curtailment of renewable energy in the ISO footprint, along with the associated reductions in CO2, are shown in Table 7. Year Quarter MWh Eq. Tons CO2 1 8,860 3,792 2015 2 3,629 1,553 3 828 354 4 17,765 7,521 1 112,948 48,342 2016 2 158,806 67,969 3 33,094 14,164 4 23,390 10,011 1 52,651 22,535 2017 2 67,055 28,700 3 23,331 9,986 4 18,060 7,730 1 65,860 28,188 2018 2 129,128 55,267 3 19,032 8,146 4 23,425 10,026 1 52,254 22,365 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 17 of 42 2019 2 132,937 56,897 3 33,843 14,485 4 35,254 15,089 1 86,740 37,125 2020 2 147,514 63,136 3 37,548 16,071 4 39,956 17,101 2021 1 76,147 32,591 2 109,059 46,677 3 23,042 9,862 4 38,044 16,283 2022 1 94,168 40,304 2 118,352 50,655 3 42,468 18,176 4 25,609 10,960 2023 1 53,002 22,685 2 148,938 63,745 Total 2,052,737 878,491 TABLE 7: Total reduction in curtailment of renewable energy and associated reductions in CO2 FLEXIBLE RAMPING PROCUREMENT DIVERSITY SAVINGS The WEIM facilitates procurement of flexible ramping capacity in the FMM to address variability that may occur in the RTD. Because variability across different BAAs may happen in opposite directions, the flexible ramping requirement for the entire WEIM footprint can be less than the sum of individual BAA’s requirements. This difference is known as flexible ramping procurement diversity savings. Starting in 2016, the ISO replaced the flexible ramping constraint with flexible ramping products that provide both upward and downward ramping. The minimum and maximum flexible ramping requirements for each BAA and for each direction are listed in Appendix 3: Minimum & Maximum Ramping Requirements. The flexible ramping procurement diversity savings for all the intervals averaged over the month are shown in Table 7. The percentage savings is the average MW savings divided by the sum of the individual BAA requirements. WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 18 of 42 April May June Direction Up Down Up Down Up Down Average MW saving 1,747 1,006 1,745 1,668 1,744 1,227 Sum of BAA requirements 3,057 2,900 3,127 3,078 3,258 3,265 Percentage savings 57% 35% 56% 54% 54% 38% Table 8: Flexible ramping procurement diversity savings in Q2 2023 Flexible ramping capacity may be used in RTD to handle uncertainties in the future interval. The RTD flexible ramping capacity is prorated to each BAA. Flexible ramping surplus MW is defined as the awarded flexible ramping capacity in RTD minus its share, and the flexible ramping surplus cost is defined as the flexible ramping surplus MW multiplied by the flexible ramping WEIM-wide marginal price. A positive flexible ramping surplus MW is the capacity that a BAA provided to help other BAAs, and a negative flexible ramping surplus MW is the capacity that a BAA received from other BAAs. The WEIM dispatch cost for a BAA with positive flexible ramping surplus MW is increased because some capacities are used to help other BAAs. The flexible ramping surplus cost is subtracted from the BAA’s WEIM dispatch cost to reflect the true dispatch cost of a BAA. Please see the Benefit Report Methodology for more details. CONCLUSION Using state-of-the-art technology to find and deliver low-cost energy to meet real-time demand, the WEIM demonstrates that utilities can realize financial and operational benefits through increased coordination and optimization. In addition to these benefits, the WEIM provides significant environmental benefits through the reduction of renewable curtailments during periods of oversupply. Sharing resources across a larger geographic area reduces greenhouse gas emissions by using renewable generation that otherwise would have been turned off. The quantified environmental benefits from avoided curtailments of renewable generation from 2015 to-date reached 878,491 metric tons of CO2, roughly the equivalent of avoiding the emissions from 184,699 passenger cars driven for one year. WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 19 of 42 APPENDIX 1: GLOSSARY OF ABBREVIATIONS Abbreviation Description APS Arizona Public Service AVA Avista Utilities AVRN Avangrid BAA Balancing Authority Area BANC Balancing Authority of Northern California BPA Bonneville Power Administration CISO, ISO California ISO EIM Energy Imbalance Market EPE El Paso Electric FMM Fifteen Minute Market GHG Greenhouse Gas IPCO Idaho Power LADWP Los Angeles Department of Water and Power MW Megawatt MWh Megawatt-Hour NVE NV Energy PAC PacifiCorp PACE PacifiCorp East PACW PacifiCorp West PGE Portland General Electric PSE Puget Sound Energy PWRX Powerex RTD Real Time Dispatch SCL Seattle City Light SRP Salt River Project TEP Tucson Electric Power TID Turlock Irrigation District TPWR Tacoma Power WALC Western Area Power Administration Desert Southwest WEIM Western Energy Imbalance Market WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 20 of 42 APPENDIX 2: Maximum Transfer Capacities Month From BAA To BAA 15min WEIM transfer (15m – base) 5min WEIM transfer (5m – base) AVA AVRN 8 0 April AVA BPAT 13,044 13,809 AVA CISO 0 0 AVA IPCO 10,714 7,409 AVA NWMT 9,124 6,251 AVA PACW 1,262 1,941 AVA PGE 0 0 AVA PSEI 0 0 AVA SCL 4 0 AVA TPWR 0 0 AVRN AVA 0 0 AVRN BPAT 33,026 32,478 AVRN PACW 17,869 24,875 AVRN PGE 18,395 16,586 AVRN SCL 1,862 1,890 AZPS CISO 84,067 68,551 AZPS EPE 2,289 0 AZPS LADWP 21,672 24,834 AZPS NEVP 5,481 6,376 AZPS PACE 152,693 153,445 AZPS PNM 13,235 13,894 AZPS SRP 7,404 8,791 AZPS TEPC 4,790 6,674 April AZPS WALC 1,344 468 BANC BPAT 0 0 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 21 of 42 BANC CISO 27,573 23,849 BANC TIDC 3,101 2,761 BPAT AVA 10,083 6,765 BPAT AVRN 4,770 5,601 BPAT BANC 0 0 BPAT CISO 14,597 21,086 BPAT IPCO 9,354 3,702 BPAT LADWP 0 0 BPAT NEVP 0 0 BPAT NWMT 10,368 4,644 BPAT PACW 4,335 1,393 BPAT PGE 23,818 21,309 BPAT PSEI 30,438 37,541 BPAT PWRX 7,414 0 BPAT SCL 9,095 8,420 BPAT TPWR 12,087 14,888 CISO AVA 0 0 CISO AZPS 101,243 82,079 CISO BANC 59,773 71,661 CISO BPAT 23,030 30,020 CISO LADWP 40,607 38,677 CISO NEVP 78,374 81,354 CISO PACW 16,540 48,624 CISO PGE 30,429 56,245 CISO PWRX 359,142 379,151 April CISO SRP 165,944 169,621 CISO TEPC 1,073 1,589 CISO TIDC 8,787 9,969 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 22 of 42 CISO WALC 11,867 12,819 EPE AZPS 1,273 0 EPE PNM 16,971 16,594 EPE TEPC 23,328 21,604 IPCO AVA 39,888 44,792 IPCO BPAT 21,816 24,317 IPCO NEVP 24,852 15,033 IPCO NWMT 241 523 IPCO PACE 31,419 20,816 IPCO PACW 39,170 37,424 IPCO PSEI 1,943 1,864 IPCO SCL 11,383 11,815 LADWP AZPS 6,195 8,551 LADWP BPAT 0 0 LADWP CISO 32,904 23,616 LADWP NEVP 35,387 36,659 LADWP PACE 22,448 20,960 LADWP TEPC 0 0 LADWP WALC 1,273 312 NEVP AZPS 535 977 NEVP BPAT 0 0 NEVP CISO 48,753 31,656 NEVP IPCO 83,761 76,691 NEVP LADWP 17,106 14,723 NEVP PACE 175,549 161,882 April NEVP WALC 6,298 3,870 NWMT AVA 13,690 15,554 NWMT BPAT 2,988 2,774 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 23 of 42 NWMT IPCO 11,557 11,329 NWMT PACE 28,867 23,312 NWMT PACW 19 0 NWMT PGE 47 0 NWMT PSEI 163 0 NWMT TPWR 0 0 PACE AZPS 33,678 25,536 PACE IPCO 56,365 56,020 PACE LADWP 4,469 2,457 PACE NEVP 7,673 7,494 PACE NWMT 8,048 8,016 PACE PACW 41,911 36,768 PACE SRP 0 0 PACE TEPC 13 0 PACW AVA 12,170 12,958 PACW AVRN 12,309 20,889 PACW BPAT 8,817 8,763 PACW CISO 22,237 41,312 PACW IPCO 24,451 24,641 PACW NWMT 7 0 PACW PGE 54,950 54,762 PACW PSEI 57,681 64,230 PACW SCL 1,855 1,883 PGE AVA 0 0 PGE AVRN 708 1,184 April PGE BPAT 18,280 21,335 PGE CISO 26,381 23,320 PGE NWMT 47 0 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 24 of 42 PGE PACW 7,365 8,525 PGE PSEI 3,309 4,422 PGE SCL 1,412 1,405 PGE TPWR 0 0 PNM AZPS 92,070 72,206 PNM EPE 4,505 5,932 PNM SRP 1,762 1,544 PNM TEPC 16,319 15,404 PSEI AVA 0 0 PSEI BPAT 13,123 14,337 PSEI IPCO 4,389 3,321 PSEI NWMT 76 0 PSEI PACW 12,851 14,179 PSEI PGE 1,759 2,021 PSEI PWRX 26,166 26,026 PSEI SCL 35,070 32,428 PSEI TPWR 7,732 7,992 PWRX BPAT 9,317 0 PWRX CISO 0 0 PWRX PSEI 6,228 6,603 SCL AVA 9 0 SCL AVRN 818 1,284 SCL BPAT 604 538 SCL IPCO 4,462 3,973 SCL PACW 249 329 April SCL PGE 558 652 SCL PSEI 1,475 2,868 SRP AZPS 25,472 25,068 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 25 of 42 SRP CISO 173,447 169,708 SRP PACE 0 0 SRP PNM 107 104 SRP TEPC 28,530 31,886 SRP WALC 2,369 1,590 TEPC AZPS 633 18 TEPC CISO 44,257 38,474 TEPC EPE 3,187 3,723 TEPC LADWP 0 0 TEPC PACE 1,724 1,307 TEPC PNM 12,055 12,439 TEPC SRP 11,966 6,979 TEPC WALC 25,210 24,064 TIDC BANC 8,866 8,344 TIDC CISO 7,866 6,160 TPWR AVA 0 0 TPWR BPAT 4,293 4,127 TPWR NWMT 0 0 TPWR PGE 0 0 TPWR PSEI 3,767 4,666 WALC AZPS 2,948 979 WALC CISO 15,034 11,877 WALC LADWP 3,624 2,792 WALC NEVP 16,692 13,528 WALC SRP 1,017 364 WALC TEPC 9,752 9,835 May AVA AVRN 0 0 AVA BPAT 2,132 1,656 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 26 of 42 AVA CISO 0 0 AVA IPCO 60,157 54,960 AVA NWMT 29,351 24,539 AVA PACW 1,600 3,307 AVA PGE 25 0 AVA PSEI 2 0 AVA SCL 4 0 AVA TPWR 0 0 AVRN AVA 0 0 AVRN BPAT 24,758 19,509 AVRN PACW 57,227 61,645 AVRN PGE 16,588 12,735 AVRN SCL 5,799 4,258 AZPS CISO 34,589 20,557 AZPS EPE 2,020 0 AZPS LADWP 15,897 19,460 AZPS PACE 180,841 160,032 AZPS PNM 46,416 51,501 AZPS SRP 3,012 2,727 AZPS TEPC 896 2,917 AZPS WALC 719 575 BANC BPAT 0 0 BANC CISO 37,078 34,579 BANC TIDC 1,329 1,136 BPAT AVA 22,203 20,161 May BPAT AVRN 10,902 13,333 BPAT BANC 0 0 BPAT CISO 4,856 9,479 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 27 of 42 BPAT IPCO 3,714 3,127 BPAT LADWP 0 0 BPAT NEVP 0 0 BPAT NWMT 6,142 3,400 BPAT PACW 1,527 2,047 BPAT PGE 20,563 23,364 BPAT PSEI 27,271 30,466 BPAT PWRX 7,184 0 BPAT SCL 2,094 1,821 BPAT TPWR 15,171 17,635 CISO AVA 0 0 CISO AZPS 216,535 196,667 CISO BANC 83,645 97,000 CISO BPAT 1,550 2,232 CISO LADWP 87,510 87,553 CISO NEVP 168,668 151,426 CISO PACW 9,939 35,070 CISO PGE 30,197 46,690 CISO PWRX 151,219 168,662 CISO SRP 235,483 232,733 CISO TEPC 977 882 CISO TIDC 16,158 16,485 CISO WALC 64,657 60,874 EPE AZPS 1,511 0 EPE PNM 10,794 10,747 May EPE TEPC 30,524 26,516 IPCO AVA 16,909 13,892 IPCO BPAT 2,251 1,057 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 28 of 42 IPCO NEVP 20,519 17,085 IPCO NWMT 2,720 3,384 IPCO PACE 39,701 34,663 IPCO PACW 5,280 3,300 IPCO PSEI 9,089 8,712 IPCO SCL 3,712 3,967 LADWP AZPS 5,405 9,514 LADWP BPAT 0 0 LADWP CISO 15,210 9,967 LADWP NEVP 36,602 30,878 LADWP PACE 36,458 40,358 LADWP TEPC 0 0 LADWP WALC 1,796 2,025 NEVP AZPS 0 0 NEVP BPAT 0 0 NEVP CISO 29,448 17,082 NEVP IPCO 80,596 74,156 NEVP LADWP 24,596 23,719 NEVP PACE 196,834 180,685 NEVP WALC 7,065 13,297 NWMT AVA 6,773 7,584 NWMT BPAT 3,612 157 NWMT IPCO 3,353 3,627 NWMT PACE 23,747 20,075 NWMT PACW 169 0 NWMT PGE 164 0 May NWMT PSEI 167 0 NWMT TPWR 0 0 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 29 of 42 PACE AZPS 10,978 15,931 PACE IPCO 11,582 8,716 PACE LADWP 11,140 9,840 PACE NEVP 2,660 2,283 PACE NWMT 12,361 12,519 PACE PACW 9,118 5,101 PACE SRP 0 0 PACE TEPC 0 0 PACW AVA 21,880 19,825 PACW AVRN 3,021 11,256 PACW BPAT 4,796 861 PACW CISO 35,550 98,588 PACW IPCO 32,905 29,667 PACW NWMT 30 0 PACW PGE 31,047 23,827 PACW PSEI 42,672 41,260 PACW SCL 1,276 1,120 PGE AVA 0 0 PGE AVRN 1,155 2,539 PGE BPAT 22,280 20,838 PGE CISO 12,786 11,820 PGE NWMT 112 0 PGE PACW 22,875 27,652 PGE PSEI 0 0 PGE SCL 1,450 1,247 PGE TPWR 0 0 May PNM AZPS 52,734 38,942 PNM EPE 22,758 26,509 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 30 of 42 PNM SRP 1,488 1,197 PNM TEPC 14,412 11,850 PSEI AVA 0 0 PSEI BPAT 14,194 11,665 PSEI IPCO 0 0 PSEI NWMT 49 0 PSEI PACW 12,951 21,675 PSEI PGE 126 195 PSEI PWRX 26,368 25,319 PSEI SCL 12,966 11,915 PSEI TPWR 7,145 8,224 PWRX BPAT 4,242 0 PWRX CISO 0 0 PWRX PSEI 4,408 5,322 SCL AVA 6 0 SCL AVRN 441 1,197 SCL BPAT 254 372 SCL IPCO 13,038 11,671 SCL PACW 245 526 SCL PGE 514 716 SCL PSEI 3,058 4,510 SRP AZPS 40,578 54,084 SRP CISO 82,843 64,900 SRP PACE 0 0 SRP PNM 186 219 SRP TEPC 78,547 85,430 May SRP WALC 8,175 8,192 TEPC AZPS 1,144 422 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 31 of 42 TEPC CISO 8,588 4,277 TEPC EPE 7,530 7,777 TEPC LADWP 0 0 TEPC PACE 133 75 TEPC PNM 6,028 4,039 TEPC SRP 3,797 2,531 TEPC WALC 46,872 36,766 TIDC BANC 102 93 TIDC CISO 2,628 2,149 TPWR AVA 0 0 TPWR BPAT 1,983 2,171 TPWR NWMT 0 0 TPWR PGE 0 0 TPWR PSEI 8,913 10,928 WALC AZPS 2,169 1,257 WALC CISO 18,414 9,168 WALC LADWP 12,849 10,458 WALC NEVP 13,976 11,849 WALC SRP 709 180 WALC TEPC 48,612 48,180 June AVA AVRN 66 192 AVA BPAT 14,440 11,504 AVA CISO 0 0 AVA IPCO 13,168 13,227 AVA NWMT 7,240 8,847 AVA PACW 1,620 1,451 June AVA PGE 0 0 AVA PSEI 5 0 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 32 of 42 AVA SCL 18 0 AVA TPWR 0 0 AVRN AVA 232 111 AVRN BPAT 30,742 24,649 AVRN PACW 45,377 43,293 AVRN PGE 11,143 8,869 AVRN SCL 7,872 6,960 AZPS CISO 51,913 45,605 AZPS EPE 2,432 0 AZPS LADWP 21,865 22,227 AZPS PACE 233,964 190,540 AZPS PNM 47,971 57,499 AZPS SRP 4,336 3,356 AZPS TEPC 2,669 3,328 AZPS WALC 1,597 357 BANC BPAT 0 0 BANC CISO 18,337 20,361 BANC TIDC 29 0 BPAT AVA 8,615 9,128 BPAT AVRN 2,678 4,496 BPAT BANC 0 0 BPAT CISO 1,770 5,711 BPAT IPCO 3,279 2,916 BPAT LADWP 0 0 BPAT NEVP 0 0 BPAT NWMT 6,779 3,520 June BPAT PACW 1,910 972 BPAT PGE 9,307 9,560 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 33 of 42 BPAT PSEI 28,238 31,588 BPAT PWRX 7,247 0 BPAT SCL 5,014 4,908 BPAT TPWR 24,624 24,918 CISO AVA 0 0 CISO AZPS 204,909 212,561 CISO BANC 63,913 65,540 CISO BPAT 6,201 13,822 CISO LADWP 70,197 61,917 CISO NEVP 150,132 127,174 CISO PACW 14,998 60,569 CISO PGE 68,472 94,909 CISO PWRX 371,977 396,272 CISO SRP 175,740 178,273 CISO TEPC 2,728 3,050 CISO TIDC 10,378 10,103 CISO WALC 43,523 43,878 EPE AZPS 806 0 EPE PNM 20,102 22,661 EPE TEPC 43,588 37,248 IPCO AVA 56,664 56,242 IPCO BPAT 13,342 10,263 IPCO NEVP 3,929 4,563 IPCO NWMT 2,628 3,410 IPCO PACE 15,560 15,007 IPCO PACW 35,097 20,233 June IPCO PSEI 0 0 IPCO SCL 12,294 10,788 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 34 of 42 LADWP AZPS 3,373 5,972 LADWP BPAT 0 0 LADWP CISO 23,324 16,377 LADWP NEVP 18,926 18,488 LADWP PACE 46,345 42,882 LADWP TEPC 0 0 LADWP WALC 1,961 1,374 NEVP AZPS 0 0 NEVP BPAT 0 0 NEVP CISO 35,458 29,212 NEVP IPCO 152,301 129,532 NEVP LADWP 17,733 17,850 NEVP PACE 192,023 171,510 NEVP WALC 7,325 8,930 NWMT AVA 25,159 22,839 NWMT BPAT 4,075 1,666 NWMT IPCO 2,471 2,796 NWMT PACE 10,859 11,350 NWMT PACW 51 0 NWMT PGE 181 0 NWMT PSEI 197 0 NWMT TPWR 0 0 PACE AZPS 9,082 11,983 PACE IPCO 65,870 53,651 PACE LADWP 9,080 7,559 PACE NEVP 1,199 1,381 PACE NWMT 27,193 26,982 June PACE PACW 66,664 44,774 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 35 of 42 PACE SRP 0 0 PACE TEPC 0 0 PACW AVA 4,842 6,011 PACW AVRN 8,379 20,194 PACW BPAT 4,230 3,230 PACW CISO 18,356 40,432 PACW IPCO 32,686 32,624 PACW NWMT 3 0 PACW PGE 49,457 37,457 PACW PSEI 83,598 79,470 PACW SCL 2,140 2,000 PGE AVA 0 0 PGE AVRN 1,143 2,363 PGE BPAT 28,959 26,687 PGE CISO 6,088 6,057 PGE NWMT 163 0 PGE PACW 17,425 20,372 PGE PSEI 2 0 PGE SCL 1,962 1,881 PGE TPWR 0 0 PNM AZPS 65,637 54,775 PNM EPE 16,894 18,559 PNM SRP 732 566 PNM TEPC 9,838 7,949 PSEI AVA 1 0 PSEI BPAT 13,887 12,682 PSEI IPCO 0 0 June PSEI NWMT 89 0 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 36 of 42 PSEI PACW 2,982 5,538 PSEI PGE 0 0 PSEI PWRX 26,709 24,359 PSEI SCL 32,854 29,791 PSEI TPWR 8,701 9,118 PWRX BPAT 3,439 0 PWRX CISO 0 0 PWRX PSEI 5,201 6,477 SCL AVA 57 0 SCL AVRN 405 711 SCL BPAT 382 434 SCL IPCO 2,697 3,339 SCL PACW 60 165 SCL PGE 315 354 SCL PSEI 3,863 4,405 SRP AZPS 30,465 39,142 SRP CISO 185,801 173,627 SRP PACE 0 0 SRP PNM 736 980 SRP TEPC 49,690 56,201 SRP WALC 3,838 3,109 TEPC AZPS 1,016 0 TEPC CISO 35,169 26,948 TEPC EPE 6,699 8,555 TEPC LADWP 0 0 TEPC PACE 252 267 TEPC PNM 12,188 13,341 June TEPC SRP 3,844 2,412 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 37 of 42 TEPC WALC 65,876 61,834 TIDC BANC 33 0 TIDC CISO 9,836 10,023 TPWR AVA 0 0 TPWR BPAT 1,132 1,277 TPWR NWMT 0 0 TPWR PGE 0 0 TPWR PSEI 5,206 5,347 WALC AZPS 2,590 722 WALC CISO 30,840 23,488 WALC LADWP 10,081 11,279 WALC NEVP 26,096 20,508 WALC SRP 869 256 WALC TEPC 46,586 45,211 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 38 of 42 APPENDIX 3: Minimum & Maximum Flexible Ramping Requirements Month BAA Direction Minimum requirement Maximum requirement AVA up 5 99 April AVRN up 0 165 AZPS up 0 298 BANC up 0 103 BPAT up 9 426 CISO up 0 2,404 EPE up 0 53 IPCO up 11 155 LADWP up 0 415 NEVP up 0 478 NWMT up 0 138 PACE up 0 479 PACW up 0 185 PGE up 0 192 PNM up 0 165 PSEI up 0 230 PWRX up 0 325 SCL up 0 51 SRP up 0 280 TEPC up 0 195 TIDC up 0 20 TPWR up 0 22 WALC up 0 27 ALL EIM up 315 2,771 AVA down 0 97 AVRN down 0 142 AZPS down 0 226 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 39 of 42 April BANC down 0 130 BPAT down 0 647 CISO down 0 1,896 EPE down 0 68 IPCO down 0 209 LADWP down 0 313 NEVP down 0 469 NWMT down 0 116 PACE down 0 511 PACW down 0 196 PGE down 0 267 PNM down 0 158 PSEI down 0 262 PWRX down 0 359 SCL down 0 38 SRP down 0 200 TEPC down 0 160 TIDC down 0 19 TPWR down 0 23 WALC down 0 30 ALL EIM down 0 2,175 AVA up 4 99 May AVRN up 1 165 AZPS up 0 298 BANC up 0 103 BPAT up 3 426 CISO up 0 2,419 EPE up 0 53 IPCO up 0 155 LADWP up 0 448 NEVP up 0 478 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 40 of 42 NWMT up 1 131 PACE up 0 479 PACW up 0 185 PGE up 2 192 PNM up 0 165 PSEI up 0 275 PWRX up 0 303 May SCL up 0 51 SRP up 0 235 TEPC up 0 195 TIDC up 0 18 TPWR up 0 22 WALC up 0 28 ALL WEIM up 395 2,771 AVA down 0 87 AVRN down 0 142 AZPS down 0 226 BANC down 0 130 BPAT down 14 607 CISO down 20 1,896 EPE down 0 68 IPCO down 0 209 LADWP down 12 313 NEVP down 0 491 NWMT down 0 116 PACE down 0 511 PACW down 0 196 PGE down 0 269 PNM down 0 158 PSEI down 0 252 PWRX down 0 359 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 41 of 42 SCL down 0 38 SRP down 0 200 TEPC down 0 138 TIDC down 0 19 TPWR down 0 23 WALC down 0 29 ALL EIM down 0 2,175 June AVA up 0 92 AVRN up 0 272 AZPS up 0 341 BANC up 0 116 BPAT up 0 462 CISO up 0 2,251 EPE up 0 75 IPCO up 6 169 LADWP up 22 432 NEVP up 0 531 NWMT up 0 127 PACE up 0 521 PACW up 0 168 PGE up 4 214 PNM up 0 170 PSEI up 0 256 PWRX up 5 291 SCL up 0 38 SRP up 0 248 TEPC up 0 295 TIDC up 0 18 TPWR up 1 24 WALC up 0 30 ALL WEIM up 385 2,771 WEIM BENEFITS REPORT SECOND QUARTER 2023 MPP/MA&F Copyright 2023 California ISO Page 42 of 42 June AVA down 4 103 AVRN down 0 294 AZPS down 0 327 BANC down 0 158 BPAT down 0 597 CISO down 0 2,221 EPE down 0 70 IPCO down 0 237 LADWP down 0 382 NEVP down 0 648 NWMT down 0 129 PACE down 0 631 PACW down 9 199 PGE down 0 236 PNM down 0 243 PSEI down 11 265 PWRX down 0 359 SCL down 0 30 SRP down 0 233 TEPC down 0 148 TIDC down 0 21 TPWR down 0 20 WALC down 0 34 ALL WEIM down 0 2,175