Avista Builds on Commitment to Renewable Energy by Joining the Western Energy Imbalance Market
Company plans for market entry by April 2022
April 25, 2019 -- Avista recently (4/25) announced it signed an agreement with the California Independent System Operator for the utility to participate in the Western Energy Imbalance Market (EIM), furthering its commitment to integrate renewable energy into its electric generation resource mix.
The Western EIM is a real-time energy wholesale market that automatically provides the lowest-cost electricity resources available to meet utility customer needs. This permits the Western region to share generation resources over a large geographic area, resulting in a more efficient use of renewable energy at the lowest available cost for customers.
“Avista has always been committed to balancing reliability and affordability while maintaining responsibility for our environmental footprint, and our actions demonstrate these values,” said Jason Thackston, senior vice president, energy resources, Avista. “Joining the EIM will not only expand our ability to integrate additional renewable energy but also continue to reliably meet the energy needs of our customers and share resources more cost effectively across a larger geographic area.”
Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division that provides electric service to 388,000 customers and natural gas to 355,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.6 million.
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