The Energy Authority notes that California ISO recognized convergence bidding and virtuals as a market financial instrument.

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TOP FIVE MARKET DESIGN DIFFERENCES BETWEEN California ISO and EDAM — — Convergence Bidding (aka., virtuals). Convergence bids are an organized market financial instrumen…

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Company

The Energy Authority

The Nation's Leader in Serving Public Power

Industry
Utilities
Location
Jacksonville, US
Company size
501–1,000 employees

About The Energy Authority

The Energy Authority (TEA®) is the strategic partner of choice in providing energy solutions to public power. We are wholly-owned and directed by our public power Members who participate in our organization's decision-making. Today, over 80 public power utilities across the nation are TEA Members and Partners, representing more than 30,000 MW of combined generation assets across all fuel types. Portfolio management, trading, optimization, renewables procurement, deep-dive analytics, collaboration, and resource planning—that’s the power of The Energy Authority. TEA understands the unique needs of multi-member organizations and the value in economies of scale. TEA turns data into insight and insight into action.

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