Tag archives for electricity
Analyzing the Impact of the Solar Eclipse on European Power Markets with ZEMA
Solar energy is an important source of power generation in the modern world, and its absence can be equally critical for the power markets. On March 20, 2015, a solar eclipse in Europe profoundly impacted regional power markets. The continent underwent an absence of a major portion of its sunlight from 8:30 to 11 a.m., ...
CAISO Dealing with Renewable Generation: Staying Competitive with More Data
The ever-evolving deregulated power markets in North America are certainly keeping market participants on their toes. As data volumes and publication frequencies increase, so does the risk of making misinformed business decisions. With the growing influence of environmental regulations on the power markets, along with advancements in electrical grid technologies, market players must stay on ...
Impact on Data Collection from Extending MISO’s Empire with MISO South
At midnight on December 18, 2013, the Midcontinent Independent System Operator (MISO) successfully integrated four additional regions of the electric grid in the southern United States to their existing footprint, effectively expanding it from Manitoba, Canada to the Gulf of Mexico. While this integration will certainly provide benefits to both new and existing members, this ...
Follow European Markets Price Coupling with ZEMA
After overcoming a period of setbacks, Europe’s electricity market is on course to initiate the new North-Western Europe (NWE) and South-Western Europe (SWE) integrated market place (IMP) model covering three quarters of the European market. The project start-up phase will take effect on February 4th for the delivery of electricity in the regions on February ...
California ISO Unveils Roadmap for Electric Vehicle-Grid Integration
Californians love their cars and have a reputation for being environmentally conscious, so it is no surprise that the state leads the nation in green vehicle purchases. According to the Detroit News, roughly 50,000 electric vehicles (EVs) were sold in the U.S. in 2012. California accounted for just under one-third of those sales. In 2013, ...
Data Management for the New SPP Marketplace
We recently held a complimentary webinar discussing the upcoming changes to the Southwest Power Pool (SPP), the various data management challenges stemming from these changes, and how the ZEMA Suite is prepared to handle issues arising from the new Integrated Marketplace.
Marketplace Changes
On March 1st, 2014, the SPP is going live with their Integrated Marketplace, which ...
SPP’s Changing Marketplace and Managing Its New Data
Join us November 27, 2013 for a complimentary webinar about the upcoming changes to the Southwest Power Pool market. The ZEMA Suite has helped other ISO market participants meet similar challenges before, including when ERCOT transitioned to ERCOT Nodal, and is well-prepared for the new data, analytic and integration problems that market participants will be ...
NYISO’S Growth of Capacity and Transmission Challenge
The New York Independent System Operator (NYISO) was founded in 1999, a period of high electricity prices, in hopes that a more competitive marketplace would help bring the cost of electricity down (NYISO). Currently, the NYISO is responsible for the reliability of power generation and transmission in the state of New York. For over ...
Micro Grids – Overcoming the Economies of Scale
In business, economy of scale is an important concept of optimizing output while reducing cost per unit of output by increasing the size of production. For example, a larger entity would be more cost efficient per unit of production than a smaller unit, all other factors being equal. But, passing the optimum size brings in ...
Is Pumped Energy Storage the Future of Renewable Energy?
The interconnected network that delivers electricity from producers to consumers, known as the “electric grid,” is facing new changes. Mandatory renewable energy targets are being adopted worldwide, meaning electricity suppliers are required to obtain a specific percentage of their total electricity from intermittent renewable energy sources. Wherever intermittent power sources reach high levels of ...
