Definition
A voluntary, real-time wholesale electricity market that allows utilities outside formal RTO/ISO footprints to participate in regional energy balancing. The EIM automatically dispatches the least-cost resources across a wide geographic footprint to resolve energy imbalances, reducing costs and enabling better integration of variable renewable energy by using diversity across large areas.
📚
Topic Deck
Markets & Pricing
🔗
Source
FERC Pro Forma OATT / LGIP