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July 22, 2024

CAISO Extended Day-Ahead Market (EDAM)

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West Entered Pivotal Period for RTO Development in 2023

Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.

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CAISO Wins (Nearly) Sweeping FERC Approval for EDAM
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.
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Region Still Split as BPA Approaches Day-ahead Market Decision
The Bonneville Power Administration is pulling back from its ambitious schedule for choosing which Western day-ahead market it will join, officials with the federal power marketing administration said during a workshop.
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Western RTO Group Seeking $800K in DOE Funding
The West-Wide Governance Pathways Initiative is seeking $800,000 in federal grants to support its administrative and outreach needs as it works to lay the foundation for an independent Western RTO.
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West-Wide Governance Pathway Group Digs into its Work
The committee tasked with laying the groundwork for an independent Western RTO is confronting a complex set of challenges on an ambitious timeline.
BPA
Study Shows Uneven Benefits for Calif., Rest of West in Single Market

The results from a WMEG study indicate that many entities outside California would see more benefits from a two-market outcome while the Golden State has the most to lose from such a split.

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CAISO GHG Working Group Seeks Clarity on Problems, Definitions
A meeting of CAISO’s Greenhouse Gas Coordination Working Group illustrated the complexity Western stakeholders confront in addressing greenhouse gasses in the region’s expanding electricity markets.
SPP
SPP Markets+ Stakeholders Make Gains on Governance

As SPP moves closer to finalizing its Markets+ governance structure, the grid operator hosted a webinar largely focused on a committee that will nominate members of the market’s decision-making body.

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CREPC-WIRAB Conference Tackles Western Market Developments
Many at the joint conference focused on the eventual result of the contest between CAISO's Extended Day-Ahead Market and SPP's Markets+ to organize the West's electricity market.
PNM
New Mexico Contemplates Organized Market Choice
When it comes to choosing between Western day-ahead market offerings, who else is participating in the market is a key consideration, a representative of a New Mexico utility said.

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