California ISO welcomes Public Service of New Mexico to Western EIM
FOLSOM, Calif. - The California Independent System Operator (ISO) and Public Service Company of New Mexico (PNM) have announced that PNM plans to join the Western Energy Imbalance Market (EIM) in April 2021. The utility recently received necessary approvals from its state regulators to facilitate moving forward. The ISO and PNM have signed an EIM implementation agreement that will be filed at FERC in January.
The California ISO provides open and non-discriminatory access to one of the largest power grids in the world. The vast network of high-voltage transmission power lines is supported by a competitive energy market and comprehensive grid planning. Partnering with about a hundred clients, the nonprofit public benefit corporation is dedicated to the continual development and reliable operation of a modern grid that operates for the benefit of consumers. Recognizing the importance of the global climate challenge, the ISO is at the forefront of integrating renewable power and advanced technologies that will help meet a sustainable energy future efficiently and cleanly.
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