Four utilities study ways to collaborate
DENVER — Four Colorado utility companies are evaluating whether to join an energy imbalance market. The companies, Xcel Energy, Black Hills Energy, Colorado Springs Utilities and Platte River Power Authority, are studying whether their individual energy capacities can be joined in a way to drive lower energy costs for customers.
An energy imbalance market is a real-time market in which energy generation from multiple power providers is dispatched at the lowest possible cost to serve the combined customer demand of the region.
According to information provided by Xcel, the partners have secured an independent consultant, who…
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