1、Salt River Project,2025.All rights reserved.FOR INTERNAL USE ONLY.DO NOT DISTRIBUTE.Salt River Project(SRP):Optimizing energy trading with AVEVA PI System.Our journey in the Western Energy Imbalance Market(WEIM)Nick JacobsAgenda Introduction to Salt River Project(SRP)Challenge of Centralized Markets
2、Western Energy Imbalance MarketShift from traditional operationsNeed for speed and accuracy AVEVA PI System as SolutionWhat is a PI system?SRPs PI system PI System Data in Supply and TradingPCIPI Vision ResultsIncreased operational efficiency and reliabilityIncreased savings for customersMore data-d
3、riven cultureSalt River Project(SRP)4Service territory and electric loadOver 2 million customers2024 peak load actual 8.2GW2025 peak load forecast 8.4GWGeneration fleetLarge,diverse fleet:nuclear,natural gas,coal,hydro,solar,batteries,pumped storage,geothermal,and windSupply and TradingManages econo
4、mical operation of fleet in coordination with ReliabilityElectric wholesale bilateral marketWSPP has over 350 members across the Western Interconnect(CA to MX)4/20/2025Salt River Project,2025.All rights reserved.FOR INTERNAL USE ONLY.DO NOT DISTRIBUTE.Challenge:Transitioning to a Centralized MarketW
5、estern Energy Imbalance Market(WEIM)Intra-hour centralized energy market that economically dispatches participants resources to efficiently balance supply and loads across the markets footprint.Automated transactions occur 24/7 every five minutes through economic optimization.Designed to meet load r
6、equirements at the lowest total production cost to WEIM footprint.6Bilateral Market Compared to WEIM7Bilateral MarketWEIMOne$/MWh price/transactionBids contain multiple pricing componentsTransactions sourced by any generatorBids are unit-specificPurchases/sales contain margin/markupBid is both the c