California ISO utilizes Siemens energy management software

The California Independent System Operator (ISO) — in November — launched Siemens' (NYSE: SI) energy market management software to support the operation of the growing western Energy Imbalance Market (EIM). The software allows utilities across a broad footprint to more efficiently exchange and share energy resources, including renewables like wind and solar, based on generation and demand needs.

Siemens software is a component of the EIM system that allows the ISO to analyze the energy requirements of the grid every five minutes and automatically determine the lowest-cost generation to meet demand while maintaining the security of the grid.

A report released in April 2015 shows $5.26 million in benefits for the first quarter of 2015. This resulted in a benefit of over $11 million in five months for the ISO and its first and current participant, Pacificorp, whose serves customers in six western states — California, Oregon, Washington, Utah, Idaho and Wyoming.

Subscribe to Power Engineering magazine



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...