regulator roles in eim and future market expansion kevin a. lynch, eim transitional committee member...
TRANSCRIPT
Regulator Roles in EIM and Future Market Expansion
Kevin A. Lynch, EIM Transitional
Committee Member
September 10, 2015
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Agenda
I. Final Proposal: Regulator RolesII. Initial ActivityIII. Hopes and Dreams
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• Nominating Committee Member• One of Five Voting Committee Members, working by consensus• May serve 1-9 years• Only non-commercial vote; public interest remit
• Body of State Regulators• IS NOT:
• A formal committee of CAISO• Vested with delegated authority• An RTO-focused oversight or decision-making group
• IS:• Chooser of Regulator for Nominating Committee• Expected to learn, opine, and educate
Regulator Roles in Final Proposal
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• Information Sharing (WCPSC) and comments on EIM Transitional Committee draft proposals
• Informal pre-approval regulator conference (September 2)• “Western EIM Advisory Committee”• Lessons learned from other markets (esp. SPP and MISO) • Expansion of CAISO footprint – initial focus found not on target• Great interest in EIM; need to have a better understanding of benefit and
cost quantification
Initial Activity
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• Nominating Committee Slate(s): A successful EIM Governing Body!
• Learn: Raise awareness among state regulators about functioning of markets, value proposition of EIM. Identify value proposition for ratepayers
• Educate: Provide a base of knowledge and experience to share with other state regulators and stakeholders, especially in WECC states without EIM BAs
• Opine: Offer perspective to EIM Board and CAISO on various issues
Hopes and Dreams