The success of the EIM has accelerated the CAISO's interest in the possibility of turning 38 individual balancing authority areas in the West into a
single regional electricity market in the model of operating RTOs and ISOs.
That is why we are all looking forward to the beginning of
the regional electricity market which is supposed to start in 2017.
So that countries that have extra power can put it on
the regional electricity market and sell it to those who have a deficit.
Any extra power we have will be put on
the regional electricity market so that we can dispatch to countries who want additional power.
The conflict between the FPA and the CPP — essentially between FERC and EPA — comes into sharpest relief when we consider how states or utilities within
a regional electricity market might try to comply with the rule.
In order to give a new political impulse to regional co-operation on energy, the 43 UfM member states decided in May 2015 to establish three high level UfM Energy Platforms on gas,
regional electricity markets, and renewable energy and energy efficiency.
The proposed Section 111 (d) carbon rule will dramatically reduce the efficient operation of state and
regional electricity markets, reduce the reliability of the markets, and greatly increase the cost of electricity to consumers.