CAISO Extended Day-Ahead Market (EDAM)
On the surface, CAISO’s Extended Day-Ahead Market and SPP’s Markets+ will take similar approaches to accounting for greenhouse gas emissions — but important differences remain.
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
The West-Wide Governance Pathways Initiative still grapples with political uncertainties and governance concerns despite efforts to fix those issues, proponents of SPP’s Markets+ contended.
CAISO is considering how to apply fast-start pricing to the Extended-Day Ahead Market — a topic that has been a sticking point for some as entities across the West decide which day-ahead market to join.
The Balancing Authority of Northern California became the third entity to formally join CAISO’s Extended Day-Ahead Market, following PacifiCorp and Portland General Electric.
Powerex intends to terminate a large portion of its rights on PacifiCorp’s transmission system in response to the utility’s plans to update its transmission tariff to align with CAISO’s EDAM.
The Bonneville Power Administration says following through on its $25 million funding commitment to the development of SPP's Markets+ is simply a matter of preserving choice.
BPA’s insistence on favoring joining SPP’s Markets+ over CAISO’s Extended Day Ahead Market is “alarming” and could lead to $221 million in economic advantages going up in smoke, Seattle City Light argued.
BPA should be allowed to decide on a day-ahead market without outside federal interference, a group of Northwest publicly owned utilities that favor SPP’s Markets+ told DOE in a letter.
The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.
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