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November 27, 2024

CAISO Extended Day-Ahead Market (EDAM)

© 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.”
PacifiCorp
Brattle Study Likely to Fuel Debate over EDAM, Markets+

The white paper by The Brattle Group offers a point-by-point comparison of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ that leans in favor of EDAM but stops short of endorsing either market.

CAISO
CAISO Launches Phase 2 of Pricing Issues Initiative
The next phase of the Price Formation Enhancements Initiative will look to address issues around market power mitigation, scarcity pricing and fast-start pricing.
Shutterstock
CAISO Passes Initiatives to Address Meter Data Reporting, Expand Trading
The CAISO Board of Governors and Western Energy Markets Governing Body passed two proposals that address different issues within Western markets.
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FERC Grants PGE Extra Time to Prepare for EDAM
FERC granted CAISO a waiver allowing PGE to join the ISO’s Extended Day-Ahead Market a few months beyond the timeline set out in the market’s standard participation agreement.
The Brattle Group
Updated EDAM Study Shows Doubling of PacifiCorp Benefits
PacifiCorp is poised to realize up to $359 million a year in net benefits from participating in CAISO’s EDAM, nearly double a previous estimate, according to a newly updated study by The Brattle Group.
The Brattle Group
Markets+ ‘Equitable’ Solution to Seams Issues, Backers Say
Proponents of SPP’s Markets+ contend in their latest “issue alert” that the framework provides a much more equitable solution to tackling market seams than under CAISO’s EDAM.
Travel Portland
BPA to Fund Phase 2 of Markets+, Agency Exec Says
The Bonneville Power Administration plans to contribute its full share of funding for Phase 2 of SPP’s Markets+, an executive with the federal power agency has said.
Bonneville Power Administration
‘Leaning’ Evident in BPA Response to NW Senators
CAISO’s adoption of the Pathways Initiative’s “Step 1” changes won't overcome BPA’s objections to the governance of the ISO’s EDAM, Administrator John Hairston told U.S. senators from the Pacific Northwest.
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.

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