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HomeMy WebLinkAbout20231120Quarterly Report.pdf      LISA O’HARA Corporate Counsel lo’hara@idahopower.com November 17, 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 third quarter of 2023. The Report presents CAISO’s quantification of benefits associated with participation in the Western EIM. For the third quarter of 2023, CAISO estimated Western EIM gross benefits of $8.62 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 2023 NOVEMBER 17, 2023 4:21PM IDAHO PUBLIC UTILITIES COMMISSION WESTERN ENERGY IMBALANCE MARKET BENEFITS REPORT Third Quarter 2023 Prepared by: Market Performance and Advanced Analytics October 31, 2023 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 2 of 40 CONTENTS EXECUTIVE SUMMARY ........................................................................................................ 3 BACKGROUND .................................................................................................................... 4 WEIM ECONOMIC BENEFITS IN Q3 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 .................. 36 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 3 of 40 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. Q3 2023 Gross Benefits by Participant (millions $) Arizona Public Service $19.90 AVANGRID $4.80 Avista $5.19 Balancing Authority of Northern California $22.17 Bonneville Power Administration $6.38 California ISO $34.88 El Paso Electric $5.96 Idaho Power Company $8.62 Los Angeles Dept. of Water & Power $64.78 NV Energy $60.30 NorthWestern Energy $6.34 PacifiCorp $37.37 Portland General Electric $16.92 Public Service Company New Mexico $8.53 Puget Sound Energy $10.06 Powerex $83.72 Seattle City Light $4.61 Salt River Project $19.10 Tacoma Power $8.19 Tucson Electric Power $7.17 Turlock Irrigation District $1.00 WAPA Desert Southwest Region $26.06 Total $462.05 Gross benefits from WEIM since November 2014 $4.66 billion ECONOMICAL $462.05 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 25,728 Metric tons of CO2** avoided curtailments OPERATIONAL 59% Average reduction in flexibility reserves across the footprint 2023 Q3 BENEFITS WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 4 of 40 *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 Company 2018 Balancing Authority of Northern California 2019 Seattle City Light 2020 Salt River Project 2020 Turlock Irrigation District 2021 Public Service Company New Mexico 2021 Los Angeles Dept. of Water & Power 2021 NorthWestern Energy 2021 Tacoma Power 2022 Avista 2022 Tucson Electric Power 2022 Bonneville Power Administration 2022 AVANGRID 2023 El Paso Electric 2023 WAPA Desert Southwest Region 2023 TABLE 1: WEIM participants WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 5 of 40 WEIM ECONOMIC BENEFITS IN Q3 2023 Table 2 shows the estimated WEIM gross benefits by each region per month1. The monthly savings presented show $171.87 million for July, $140.94 million for August and $149.24 million for September with a total estimated benefit of $462.05 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 July August September Total APS $10.10 $5.49 $4.31 $19.90 AVRN $2.58 $0.37 $1.85 $4.80 AVA $1.71 $1.77 $1.71 $5.19 BANC $6.17 $9.48 $6.52 $22.17 BPA $1.93 $2.61 $1.84 $6.38 CISO $16.36 $5.06 $13.46 $34.88 EPE $3.07 $1.66 $1.23 $5.96 IPCO $3.45 $3.02 $2.15 $8.62 LADWP $12.67 $17.65 $34.46 $64.78 NVE $25.32 $19.96 $15.02 $60.30 NWMT $2.36 $2.30 $1.68 $6.34 PAC $15.67 $12.98 $8.72 $37.37 PGE $5.93 $6.74 $4.25 $16.92 PNM $4.84 $2.45 $1.24 $8.53 PSE $3.44 $3.93 $2.69 $10.06 PWRX $29.50 $23.16 $31.06 $83.72 SCL $1.76 $2.00 $0.85 $4.61 SRP $5.80 $6.05 $7.25 $19.10 TPWR $2.47 $4.18 $1.54 $8.19 TEP $4.47 $1.55 $1.15 $7.17 TID $0.42 $0.31 $0.27 $1.00 WALC $11.85 $8.22 $5.99 $26.06 Total $171.87 $140.94 $149.24 $462.05 TABLE 2: Q3 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 THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 6 of 40 CUMULATIVE ECONOMIC BENEFITS SINCE INCEPTION Since the start of the WEIM in November 2014, the cumulative economic benefits of the market have totaled $4.66 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 THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 7 of 40 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. WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 8 of 40 GRAPH 2: WEIM transfer WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 9 of 40 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 62,092 136,535 34,445 AVRN 214,898 65,970 28,245 AZPS 621,649 136,576 518,268 BANC 36,177 468,297 - BPAT 119,588 204,114 94,270 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 10 of 40 TABLE 3: Estimated wheel-through transfers in Q3 2023 CISO 1,594,917 845,875 1,519,554 EPE 258,984 22,139 547 IPCO 93,616 513,524 213,914 LADWP 87,844 455,981 161,045 NEVP 647,385 184,058 197,945 NWMT 60,034 46,759 53,009 PACE 900,987 271,007 171,326 PACW 139,648 215,872 407,477 PGE 63,682 324,094 71,384 PNM 236,007 79,202 94,031 PSEI 144,519 115,727 96,632 PWRX 389 1,808,142 6,762 SCL 22,880 61,630 22,255 SRP 643,065 184,906 41,429 TEPC 457,708 136,907 151,627 TIDC 35,675 26,744 - TPWR 9,235 53,625 17,148 WALC 16,383 110,081 514,101 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 11 of 40 GRAPH 3: Estimated wheel-through transfers in Q3 2023 BAA Net Export Net Import Wheel Through AVA 27,950 38,627 9,301 AVRN 76,490 17,212 9,719 AZPS 234,218 28,786 173,899 BANC 17,474 127,733 - BPAT 51,932 48,285 28,801 CISO 495,944 264,639 486,393 EPE 86,481 6,712 11 IPCO 44,837 108,245 79,206 LADWP 42,629 123,881 49,073 NEVP 242,824 67,633 67,572 NWMT 20,311 18,402 15,528 PACE 133,437 173,378 60,592 PACW 44,207 67,672 132,457 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 12 of 40 PGE 28,141 101,627 21,160 PNM 96,399 23,274 31,074 PSEI 45,416 41,844 34,246 PWRX 340 617,515 2,872 SCL 5,986 29,929 7,454 SRP 168,163 25,228 15,347 TEPC 155,837 33,029 54,601 TIDC 13,778 8,259 - TPWR 2,056 18,105 6,713 WALC 2,482 47,315 152,946 TABLE 4: Estimated wheel-through transfers in July 2023 GRAPH 4: Estimated wheel-through transfers in July 2023 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 13 of 40 BAA Net Export Net Import Wheel Through AVA 20,073 41,344 7,736 AVRN 66,780 26,230 9,605 AZPS 184,407 29,471 181,917 BANC 9,633 200,018 - BPAT 37,016 57,318 26,757 CISO 334,312 376,646 496,054 EPE 93,845 3,648 35 IPCO 27,527 215,295 62,575 LADWP 23,570 153,200 56,810 NEVP 229,579 54,086 51,701 NWMT 21,436 14,425 16,513 PACE 444,016 24,075 43,915 PACW 56,903 57,986 146,813 PGE 22,567 106,679 31,979 PNM 84,308 15,914 30,974 PSEI 57,556 29,946 32,232 PWRX 50 491,039 1,099 SCL 8,399 16,763 7,303 SRP 175,934 73,359 3,081 TEPC 167,617 28,620 53,584 TIDC 8,370 11,463 - TPWR 2,062 23,734 5,898 WALC 6,670 31,774 183,944 TABLE 5: Estimated wheel-through transfers in August 2023 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 14 of 40 GRAPH 5: Estimated wheel-through transfers in August 2023 BAA Net Export Net Import Wheel Through AVA 14,069 56,564 17,408 AVRN 71,628 22,529 8,920 AZPS 203,024 78,319 162,453 BANC 9,071 140,545 - BPAT 30,640 98,510 38,712 CISO 764,661 204,591 537,107 EPE 78,658 11,779 501 IPCO 21,251 189,985 72,133 LADWP 21,646 178,900 55,162 NEVP 174,983 62,338 78,673 NWMT 18,287 13,932 20,969 PACE 323,533 73,554 66,819 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 15 of 40 PACW 38,537 90,214 128,207 PGE 12,975 115,788 18,244 PNM 55,300 40,013 31,983 PSEI 41,547 43,938 30,154 PWRX - 699,588 2,791 SCL 8,494 14,938 7,498 SRP 298,968 86,318 23,002 TEPC 134,254 75,259 43,442 TIDC 13,527 7,022 - TPWR 5,117 11,786 4,537 WALC 7,231 30,992 177,210 TABLE 6: Estimated wheel-through transfers in September 2023 GRAPH 6: Estimated wheel-through transfers in September 2023 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 16 of 40 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 Q3 2023 was calculated to be 17,760 MWh (July) + 15,406 MWh (August) + 26,947 MWh (September) = 60,113 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 25,728 metric tons of CO2 for Q3 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 2019 2 132,937 56,897 3 33,843 14,485 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 17 of 40 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 3 60,113 25,728 Total 2,112,850 904,219 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 THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 18 of 40 July August September Direction Up Down Up Down Up Down Average MW saving 1,880 2,164 1,915 2,184 1,920 2,086 Sum of BAA requirements 3,309 3,391 3,399 3,553 3,409 3,440 Percentage savings 57% 64% 56% 61% 56% 61% Table 8: Flexible ramping procurement diversity savings in Q3 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 904,219 metric tons of CO2, roughly the equivalent of avoiding the emissions from 190,108 passenger cars driven for one year. WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 19 of 40 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 NWMT NorthWestern Energy PAC PacifiCorp PACE PacifiCorp East PACW PacifiCorp West PGE Portland General Electric PNM Public Service Company of New Mexico 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 THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 20 of 40 APPENDIX 2: WEIM Transfer Volume (MWh) Month From BAA To BAA 15min WEIM transfer (15m – base) 5min WEIM transfer (5m – base) July AVA AVRN 56 88 AVA BPAT 5,256 4,959 AVA CISO 0 0 AVA IPCO 15,839 19,290 AVA NWMT 6,238 7,416 AVA PACW 4,945 5,497 AVA PGE 0 0 AVA PSEI 26 0 AVA SCL 5 0 AVA TPWR 0 0 AVRN AVA 0 4 AVRN BPAT 25,480 18,762 AVRN PACW 55,124 49,140 AVRN PGE 18,052 13,963 AVRN SCL 6,330 4,341 AZPS CISO 243,105 226,973 AZPS EPE 894 0 AZPS LADWP 26,895 29,364 AZPS NEVP 0 0 AZPS PACE 159,165 126,911 AZPS PNM 12,210 18,546 AZPS SRP 4,538 1,949 AZPS TEPC 1,494 800 AZPS WALC 3,267 3,575 BANC BPAT 0 0 BANC CISO 19,337 17,474 BANC TIDC 77 0 BPAT AVA 4,909 5,581 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 21 of 40 BPAT AVRN 4,107 5,815 BPAT BANC 0 0 BPAT CISO 3,527 9,165 BPAT IPCO 3,740 1,687 BPAT LADWP 0 0 BPAT NEVP 0 0 BPAT NWMT 6,936 2,916 BPAT PACW 3,449 3,993 BPAT PGE 16,966 19,017 BPAT PSEI 19,110 18,625 BPAT PWRX 7,916 0 BPAT SCL 3,251 2,512 BPAT TPWR 11,629 11,421 CISO AVA 0 0 CISO AZPS 44,835 54,376 CISO BANC 117,339 127,733 July CISO BPAT 2,703 6,498 CISO LADWP 24,348 31,887 CISO NEVP 41,966 45,724 CISO PACW 9,355 31,169 CISO PGE 25,987 41,582 CISO PWRX 567,046 591,404 CISO SRP 21,075 28,376 CISO TEPC 50 198 CISO TIDC 5,841 8,259 CISO WALC 10,779 14,353 EPE AZPS 2,411 0 EPE PNM 28,419 28,813 EPE TEPC 62,678 57,679 IPCO AVA 25,693 24,009 IPCO BPAT 13,938 12,288 IPCO NEVP 21,958 17,736 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 22 of 40 IPCO NWMT 2,777 4,609 IPCO PACE 15,850 10,290 IPCO PACW 40,061 33,517 IPCO PSEI 12,400 11,585 IPCO SCL 11,415 10,010 LADWP AZPS 793 905 LADWP BPAT 0 0 LADWP CISO 74,046 60,511 LADWP NEVP 22,951 24,685 LADWP PACE 5,748 4,650 LADWP TEPC 0 0 LADWP WALC 3,941 951 NEVP AZPS 0 0 NEVP BPAT 0 0 NEVP CISO 108,872 90,389 July NEVP IPCO 105,308 88,200 NEVP LADWP 44,630 46,193 NEVP PACE 85,556 80,721 NEVP WALC 4,519 4,894 NWMT AVA 20,275 15,451 NWMT BPAT 5,994 2,994 NWMT IPCO 5,075 6,181 NWMT PACE 14,005 11,213 NWMT PACW 88 0 NWMT PGE 83 0 NWMT PSEI 245 0 NWMT TPWR 0 0 PACE AZPS 19,555 14,740 PACE IPCO 54,555 48,055 PACE LADWP 54,750 50,053 PACE NEVP 5,675 8,546 PACE NWMT 21,346 18,989 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 23 of 40 PACE PACW 65,191 53,646 PACE SRP 0 0 PACE TEPC 0 0 PACW AVA 3,166 2,882 PACW AVRN 9,634 17,651 PACW BPAT 4,206 2,074 PACW CISO 29,773 52,889 PACW IPCO 22,574 19,438 PACW NWMT 12 0 PACW PGE 52,865 47,271 PACW PSEI 35,975 33,173 PACW SCL 1,640 1,286 PGE AVA 0 0 PGE AVRN 986 1,750 July PGE BPAT 16,913 12,968 PGE CISO 17,993 16,435 PGE NWMT 92 0 PGE PACW 17,081 17,211 PGE PSEI 1 0 PGE SCL 1,228 937 PGE TPWR 0 0 PNM AZPS 131,039 118,573 PNM EPE 2,613 3,366 PNM SRP 2,160 2,223 PNM TEPC 3,094 3,312 PSEI AVA 124 0 PSEI BPAT 11,279 10,823 PSEI IPCO 0 0 PSEI NWMT 70 0 PSEI PACW 2,150 5,366 PSEI PGE 0 0 PSEI PWRX 32,234 28,983 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 24 of 40 PSEI SCL 19,464 18,298 PSEI TPWR 12,421 13,398 PWRX BPAT 5,599 0 PWRX CISO 0 0 PWRX PSEI 1,648 3,212 SCL AVA 4 0 SCL AVRN 708 1,627 SCL BPAT 841 838 SCL IPCO 3,492 4,599 SCL PACW 290 592 SCL PGE 664 954 SCL PSEI 3,119 4,830 SRP AZPS 18,822 13,173 SRP CISO 155,135 146,656 July SRP PACE 0 0 SRP PNM 11 13 SRP TEPC 17,860 18,611 SRP WALC 8,862 5,055 TEPC AZPS 1,964 0 TEPC CISO 26,663 20,566 TEPC EPE 2,491 3,357 TEPC LADWP 0 0 TEPC PACE 95 186 TEPC PNM 11,448 6,976 TEPC SRP 8,422 7,919 TEPC WALC 180,771 171,433 TIDC BANC 601 0 TIDC CISO 14,033 13,778 TPWR AVA 0 0 TPWR BPAT 4,201 4,883 TPWR NWMT 0 0 TPWR PGE 0 0 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 25 of 40 TPWR PSEI 3,753 3,887 WALC AZPS 3,896 917 WALC CISO 107,868 93,400 WALC LADWP 20,465 15,458 WALC NEVP 41,939 38,515 WALC SRP 366 108 WALC TEPC 5,742 7,030 August AVA AVRN 0 0 AVA BPAT 5,869 4,697 AVA CISO 0 0 AVA IPCO 11,503 17,567 AVA NWMT 1,924 2,275 AVA PACW 4,504 3,270 AVA PGE 147 0 AVA PSEI 0 0 AVA SCL 6 0 AVA TPWR 0 0 AVRN AVA 461 492 AVRN BPAT 28,719 20,512 AVRN PACW 46,236 39,399 AVRN PGE 17,474 12,572 AVRN SCL 5,831 3,410 AZPS CISO 256,721 272,450 AZPS EPE 1,382 0 AZPS LADWP 48,939 30,424 AZPS NEVP 0 0 AZPS PACE 71,566 33,189 AZPS PNM 6,804 8,984 AZPS SRP 20,505 17,511 AZPS TEPC 1,517 1,125 AZPS WALC 3,439 2,642 BANC BPAT 0 0 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 26 of 40 BANC CISO 8,430 9,633 BANC TIDC 110 0 BPAT AVA 4,732 4,716 BPAT AVRN 2,111 3,199 BPAT BANC 0 0 BPAT CISO 4,438 11,023 BPAT IPCO 3,978 1,387 BPAT LADWP 0 0 BPAT NEVP 0 0 BPAT NWMT 7,533 2,835 BPAT PACW 1,756 1,331 BPAT PGE 16,308 15,670 BPAT PSEI 10,585 10,748 BPAT PWRX 5,547 0 August BPAT SCL 2,336 1,271 BPAT TPWR 12,101 11,592 CISO AVA 0 0 CISO AZPS 7,609 14,756 CISO BANC 189,869 200,018 CISO BPAT 3,417 7,354 CISO LADWP 17,565 26,702 CISO NEVP 8,462 8,417 CISO PACW 7,401 28,196 CISO PGE 21,812 33,411 CISO PWRX 428,847 458,644 CISO SRP 27,852 30,848 CISO TEPC 9 15 CISO TIDC 10,041 11,463 CISO WALC 7,035 9,615 EPE AZPS 1,410 0 EPE PNM 37,223 34,689 EPE TEPC 59,458 59,191 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 27 of 40 IPCO AVA 28,896 19,342 IPCO BPAT 4,437 3,083 IPCO NEVP 11,260 17,844 IPCO NWMT 451 1,407 IPCO PACE 2,589 1,467 IPCO PACW 38,005 29,046 IPCO PSEI 14,100 10,121 IPCO SCL 11,344 7,794 LADWP AZPS 1,014 571 LADWP BPAT 0 0 LADWP CISO 47,987 55,524 LADWP NEVP 19,887 11,058 LADWP PACE 11,342 12,496 LADWP TEPC 0 0 August LADWP WALC 8,034 731 NEVP AZPS 0 0 NEVP BPAT 0 0 NEVP CISO 121,333 135,290 NEVP IPCO 99,608 67,488 NEVP LADWP 47,847 47,248 NEVP PACE 30,475 17,075 NEVP WALC 10,554 14,178 NWMT AVA 25,907 18,025 NWMT BPAT 8,553 6,446 NWMT IPCO 5,812 9,715 NWMT PACE 4,608 3,763 NWMT PACW 46 0 NWMT PGE 50 0 NWMT PSEI 65 0 NWMT TPWR 0 0 PACE AZPS 65,880 84,056 PACE IPCO 188,310 158,580 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 28 of 40 PACE LADWP 87,167 92,060 PACE NEVP 36,887 42,600 PACE NWMT 31,730 24,420 PACE PACW 104,113 86,208 PACE SRP 0 0 PACE TEPC 19 6 PACW AVA 6,974 6,504 PACW AVRN 10,072 29,216 PACW BPAT 5,321 2,126 PACW CISO 16,632 41,737 PACW IPCO 18,414 18,602 PACW NWMT 0 0 PACW PGE 86,206 75,197 PACW PSEI 37,006 29,391 PACW SCL 1,497 941 August PGE AVA 4 0 PGE AVRN 556 1,021 PGE BPAT 18,030 17,274 PGE CISO 34,366 28,459 PGE NWMT 62 0 PGE PACW 5,202 7,137 PGE PSEI 33 17 PGE SCL 854 637 PGE TPWR 0 0 PNM AZPS 117,623 106,771 PNM EPE 1,005 1,663 PNM SRP 6,005 4,188 PNM TEPC 3,271 2,660 PSEI AVA 0 0 PSEI BPAT 17,944 17,192 PSEI IPCO 0 0 PSEI NWMT 34 0 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 29 of 40 PSEI PACW 3,872 9,483 PSEI PGE 298 643 PSEI PWRX 35,670 33,494 PSEI SCL 9,410 9,987 PSEI TPWR 17,660 18,040 PWRX BPAT 6,032 0 PWRX CISO 0 0 PWRX PSEI 310 1,149 SCL AVA 16 0 SCL AVRN 850 2,398 SCL BPAT 822 785 SCL IPCO 2,563 4,531 SCL PACW 139 389 SCL PGE 866 1,165 SCL PSEI 4,065 6,434 August SRP AZPS 8,957 4,248 SRP CISO 148,736 168,057 SRP PACE 0 0 SRP PNM 3 8 SRP TEPC 5,476 4,538 SRP WALC 12,564 2,164 TEPC AZPS 1,089 0 TEPC CISO 6,780 6,710 TEPC EPE 1,245 2,020 TEPC LADWP 137 0 TEPC PACE 220 0 TEPC PNM 7,742 3,208 TEPC SRP 29,521 22,876 TEPC WALC 190,744 186,388 TIDC BANC 4,101 0 TIDC CISO 5,571 8,370 TPWR AVA 0 0 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 30 of 40 TPWR BPAT 4,097 4,569 TPWR NWMT 0 0 TPWR PGE 0 0 TPWR PSEI 2,776 3,391 WALC AZPS 3,816 984 WALC CISO 120,219 134,497 WALC LADWP 24,800 13,577 WALC NEVP 41,552 25,868 WALC SRP 1,493 1,017 WALC TEPC 11,545 14,670 September AVA AVRN 0 0 AVA BPAT 20,462 12,449 AVA CISO 0 0 AVA IPCO 7,577 11,604 AVA NWMT 2,565 2,737 AVA PACW 10,315 4,688 AVA PGE 15 0 AVA PSEI 30 0 AVA SCL 3 0 AVA TPWR 0 0 AVRN AVA 3,183 3,857 AVRN BPAT 24,119 22,326 AVRN PACW 32,996 37,223 AVRN PGE 15,081 11,776 AVRN SCL 7,054 5,365 AZPS CISO 173,194 211,601 AZPS EPE 643 0 AZPS LADWP 55,622 42,243 AZPS NEVP 0 0 AZPS PACE 114,324 59,736 AZPS PNM 32,462 42,797 AZPS SRP 5,612 4,297 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 31 of 40 AZPS TEPC 972 657 AZPS WALC 4,320 4,147 BANC BPAT 0 0 BANC CISO 6,930 9,071 BANC TIDC 84 0 BPAT AVA 4,157 5,991 BPAT AVRN 7,128 6,560 BPAT BANC 0 0 BPAT CISO 4,624 6,920 BPAT IPCO 3,850 3,402 BPAT LADWP 0 0 BPAT NEVP 0 0 BPAT NWMT 4,836 2,844 September BPAT PACW 2,451 2,170 BPAT PGE 17,402 16,124 BPAT PSEI 11,566 14,696 BPAT PWRX 7,611 0 BPAT SCL 1,195 1,327 BPAT TPWR 7,934 9,316 CISO AVA 0 0 CISO AZPS 80,461 97,171 CISO BANC 142,848 140,545 CISO BPAT 22,931 37,631 CISO LADWP 64,195 66,827 CISO NEVP 46,824 40,888 CISO PACW 16,051 59,180 CISO PGE 29,743 51,828 CISO PWRX 648,780 674,024 CISO SRP 90,085 97,995 CISO TEPC 550 320 CISO TIDC 7,075 7,022 CISO WALC 24,737 27,581 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 32 of 40 EPE AZPS 1,529 0 EPE PNM 27,842 27,608 EPE TEPC 53,395 51,552 IPCO AVA 56,531 34,243 IPCO BPAT 17,270 12,182 IPCO NEVP 7,951 12,843 IPCO NWMT 597 1,088 IPCO PACE 3,006 2,167 IPCO PACW 35,518 19,359 IPCO PSEI 7,125 3,438 IPCO SCL 12,623 8,064 LADWP AZPS 1,875 1,032 LADWP BPAT 0 0 LADWP CISO 24,515 31,674 September LADWP NEVP 23,332 18,645 LADWP PACE 24,639 24,103 LADWP TEPC 0 0 LADWP WALC 2,997 1,354 NEVP AZPS 0 0 NEVP BPAT 0 0 NEVP CISO 38,226 56,791 NEVP IPCO 107,834 75,240 NEVP LADWP 43,938 48,676 NEVP PACE 78,091 52,210 NEVP WALC 17,424 20,737 NWMT AVA 27,166 21,752 NWMT BPAT 17,019 11,370 NWMT IPCO 2,127 3,976 NWMT PACE 2,645 2,157 NWMT PACW 35 0 NWMT PGE 56 0 NWMT PSEI 19 0 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 33 of 40 NWMT TPWR 0 0 PACE AZPS 35,344 56,521 PACE IPCO 200,269 148,450 PACE LADWP 41,157 50,403 PACE NEVP 20,557 32,661 PACE NWMT 39,176 28,232 PACE PACW 94,698 74,072 PACE SRP 0 0 PACE TEPC 14 14 PACW AVA 5,463 8,130 PACW AVRN 20,429 20,625 PACW BPAT 7,174 6,483 September PACW CISO 6,690 21,971 PACW IPCO 11,265 15,755 PACW NWMT 0 0 PACW PGE 65,963 53,401 PACW PSEI 40,717 39,541 PACW SCL 1,023 837 PGE AVA 15 0 PGE AVRN 1,375 1,912 PGE BPAT 13,599 12,424 PGE CISO 8,736 5,910 PGE NWMT 33 0 PGE PACW 7,380 10,270 PGE PSEI 170 68 PGE SCL 636 636 PGE TPWR 0 0 PNM AZPS 78,570 73,830 PNM EPE 8,828 11,396 PNM SRP 1,361 981 PNM TEPC 1,804 1,076 PSEI AVA 0 0 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 34 of 40 PSEI BPAT 18,419 16,787 PSEI IPCO 0 0 PSEI NWMT 65 0 PSEI PACW 10,191 11,126 PSEI PGE 0 0 PSEI PWRX 29,782 28,355 PSEI SCL 6,973 6,206 PSEI TPWR 8,192 7,007 PWRX BPAT 4,861 0 PWRX CISO 0 0 PWRX PSEI 2,440 2,791 SCL AVA 3 0 September SCL AVRN 1,351 2,351 SCL BPAT 1,250 2,223 SCL IPCO 1,685 3,689 SCL PACW 264 334 SCL PGE 868 903 SCL PSEI 4,462 6,492 SRP AZPS 27,200 11,452 SRP CISO 241,965 271,729 SRP PACE 0 0 SRP PNM 242 155 SRP TEPC 26,357 29,232 SRP WALC 22,169 9,401 TEPC AZPS 565 0 TEPC CISO 24,627 24,782 TEPC EPE 729 884 TEPC LADWP 527 0 TEPC PACE 10 0 TEPC PNM 3,364 1,435 TEPC SRP 7,136 5,611 TEPC WALC 145,492 144,983 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 35 of 40 TIDC BANC 3,555 0 TIDC CISO 9,688 13,527 TPWR AVA 0 0 TPWR BPAT 3,649 3,347 TPWR NWMT 0 0 TPWR PGE 0 0 September TPWR PSEI 5,009 6,308 WALC AZPS 1,998 766 WALC CISO 75,956 85,503 WALC LADWP 40,643 25,912 WALC NEVP 46,566 35,973 WALC SRP 1,098 436 WALC TEPC 30,997 35,850 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 36 of 40 APPENDIX 3: Minimum & Maximum Flexible Ramping Requirements Month BAA Direction Minimum requirement Maximum requirement July AVA up 0 85 AVRN up 8 272 AZPS up 0 341 BANC up 0 116 BPAT up 9 462 CISO up 0 2,409 EPE up 0 75 IPCO up 0 169 LADWP up 0 384 NEVP up 0 533 NWMT up 10 131 PACE up 0 521 PACW up 0 160 PGE up 0 214 PNM up 0 170 PSEI up 0 238 PWRX up 41 274 SCL up 3 50 SRP up 0 233 TEPC up 0 186 TIDC up 0 17 TPWR up 2 25 WALC up 0 30 ALL EIM up 0 2,898 AVA down 0 103 AVRN down 17 294 AZPS down 0 327 BANC down 0 158 BPAT down 43 597 CISO down 0 2,221 EPE down 0 70 IPCO down 0 237 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 37 of 40 LADWP down 0 391 NEVP down 0 595 NWMT down 0 129 PACE down 0 631 PACW down 0 199 PGE down 0 230 PNM down 12 243 PSEI down 6 265 PWRX down 32 325 SCL down 1 47 SRP down 0 233 TEPC down 0 136 TIDC down 0 21 TPWR down 1 21 WALC down 0 32 ALL EIM down 0 3,223 August AVA up 0 85 AVRN up 6 272 AZPS up 10 341 BANC up 0 116 BPAT up 3 462 CISO up 0 2,330 EPE up 2 75 IPCO up 25 169 LADWP up 17 405 NEVP up 0 540 NWMT up 2 131 PACE up 12 521 PACW up 0 162 PGE up 0 214 PNM up 0 170 PSEI up 0 239 PWRX up 22 333 SCL up 3 50 SRP up 32 233 TEPC up 0 186 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 38 of 40 TIDC up 0 18 TPWR up 1 25 WALC up 4 30 ALL WEIM up 0 3,156 AVA down 0 103 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 August IPCO down 31 237 LADWP down 23 391 NEVP down 0 601 NWMT down 0 129 PACE down 42 631 PACW down 0 199 PGE down 0 230 PNM down 21 243 PSEI down 0 265 PWRX down 0 285 SCL down 4 353 SRP down 0 233 TEPC down 0 136 TIDC down 0 21 TPWR down 0 22 WALC down 6 39 ALL EIM down 0 3,305 September AVA up 0 85 AVRN up 0 272 AZPS up 0 341 BANC up 5 116 BPAT up 0 462 CISO up 0 2,596 EPE up 0 75 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 39 of 40 September IPCO up 0 169 LADWP up 0 405 NEVP up 15 540 NWMT up 0 131 PACE up 0 521 PACW up 0 153 PGE up 0 214 PNM up 10 170 PSEI up 0 256 PWRX up 0 333 SCL up 2 36 SRP up 0 221 TEPC up 0 186 TIDC up 2 18 TPWR up 2 20 WALC up 2 30 ALL WEIM up 0 3,433 AVA down 0 103 AVRN down 0 294 AZPS down 0 327 BANC down 5 158 BPAT down 0 582 CISO down 0 2,221 EPE down 1 70 IPCO down 30 237 LADWP down 0 391 NEVP down 15 648 NWMT down 3 129 PACE down 71 631 PACW down 0 199 PGE down 9 230 PNM down 19 243 PSEI down 0 265 PWRX down 0 263 SCL down 0 31 SRP down 0 233 WEIM BENEFITS REPORT THIRD QUARTER 2023 MPP/MP&AA Copyright 2023 California ISO Page 40 of 40 TEPC down 18 136 TIDC down 2 21 TPWR down 0 18 WALC down 4 39 ALL WEIM down 0 3,249