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November 23, 2024

CAISO Extended Day-Ahead Market (EDAM)

CAISO
NV Energy Explains EDAM Choice
NV Energy’s decision to join CAISO's Extended Day-Ahead Market rather than SPP's Markets+ was based partly on concerns that participation in the latter would “lead to substantial expenditures with limited results,” a representative of the Nevada utility said.
© RTO Insider LLC
BPA Markets+ Support Intact Despite Exec’s Resignation, Agency Says

The Bonneville Power Administration’s commitment to fund the second phase of SPP’s Markets+ won’t be swayed by the departure of the executive leading the agency’s day-ahead market initiative, an official told the Markets+ Participants Executive Committee.

Arizona G&T
Arizona G&T Cooperatives Announces Pursuit of EDAM Benefits Study
A group of Southwest electric cooperatives explore ways to motivate the Western Area Power Administration’s Desert Southwest Region to join CAISO’s Extended Day-Ahead Market.
© RTO Insider LLC
SPP Sees Bias in Brattle Western Market Studies, Exec Says

An SPP executive closely involved with developing Markets+ said recent Brattle Group studies on Western day-ahead markets appear to be aimed more at swaying utilities in favor of CAISO’s EDAM than providing an unbiased assessment.

Camano Island Chamber of Commerce
5th ‘Alert’ Touts Markets+ Support for Clean Resources, GHG Policy

Markets+ proponents argue that the SPP framework allows more flexibility for integrating greenhouse gas emission reduction programs across various states than CAISO’s EDAM.

APS
Ariz. Utilities Required to Report on Day-ahead Market Activities
When Arizona utilities file their next integrated resource plans, they’ll be required to include an analysis of cost savings and other benefits they could realize from Western regional market participation.
Powerex
Powerex Contests Brattle’s EDAM/Markets+ Comparative Study
The study comparing key features of CAISO’s EDAM and SPP’s Markets+ contains “several material misstatements of facts” and overlooks evidence “directly contrary to its conclusions,” Powerex contends.
The Brattle Group
Brattle Study Finds EDAM Gains, Markets+ Losses for BPA, Pacific NW
BPA would earn $65 million in annual benefits from joining CAISO’s EDAM but face $83 million in increased yearly costs from participating in SPP’s Markets+, according to a new Brattle study.
© RTO Insider LLC
CAISO Outlines EDAM Access Charge Plan for its Own BA
CAISO described to stakeholders how it will apply the Extended Day-Ahead Market transmission revenue recovery mechanism to its own balancing authority area.
© RTO Insider LLC
Regulators Who Launched Pathways Praise Western ‘RO’ Plan
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”

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