The author behind the bill that would allow CAISO to relinquish market governance to an independent RO has delayed a hearing after several organizations withdrew support for the proposed legislation.
Although one of the aims of day-ahead markets in the West is to fix a fragmented transmission landscape, some islanded entities will have a tough time navigating seams issues likely to arise as markets take shape, analysts at Aurora Energy Research said during a webinar.
Public Service Company of New Mexico made it official: The utility signed an implementation agreement to begin participating in CAISO’s Extended Day-Ahead Market in fall 2027.
CAISO dismissed Powerex’s contention that the ISO only recently has “revealed” that participation in its EDAM is voluntary at the balancing authority level but not voluntary for “individual customers” operating within the BA participating in the market.
The formation of two competing day-ahead markets will create seams across the West, but at least one utility representative is more worried about seams resulting from the fracture of CAISO’s real-time Western Energy Imbalance Market.
CAISO's Board of Governors and the Western Energy Markets Governing Body approved a new method for allocating certain congestion revenues in the ISO's Extended Day-Ahead Market, set to launch in 2026
Former Seattle City Light CEO Debra Smith has been nominated to join the Western Energy Markets (WEM) Governing Body, with a three-year term to begin July 1.
Many stakeholders are now supporting CAISO’s proposed new method for allocating congestion revenues in EDAM after months of workshops and multiple proposals.
The study, conducted by Aurora Energy Research, found EDAM could provide the Denver-based utility $11.2 million more in average annual savings from 2028 to 2040 compared with Markets+, rising to $13.2 million through 2060.
