“An Energy Imbalance Market would mainly have to rely on cheap hydropower in the Western U.S. to offset high green power prices and high peaker power prices during the sunset hours of the day. Ironically, California banned hydropower as “renewable energy” under the California Global Warming Solutions Act …. Now, cheap hydropower has to come to the rescue of the green power grid.”
California is trying to do a quick splicing job to its green energy grid by creating an “Energy Imbalancing Market” to cut off an emerging daily two-hour energy-pricing crisis. The crisis isn’t so much an imbalance of the availability of electrons but imbalanced electricity prices during the sunset hours of each day.
In today’s California energy market, the grid operator must balance loads and resources within its borders.…