December 6, 2024

CAISO Extended Day-Ahead Market (EDAM)

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BANC Signs Agreement to Join EDAM
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
Powerex to Cancel Rights on PacifiCorp Tx System over EDAM Changes
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.
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BPA: Funding Markets+ Phase 2 Preserves Choice
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.
City of Seattle
Markets+ Leaning ‘Alarming,’ Seattle City Light Tells BPA
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.
Grant County PUD
Public Utilities Urge DOE to Respect BPA’s Day-ahead Decision Process
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.
PNM Resources
PNM Picks CAISO’s EDAM

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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BPA Execs Lay out Markets+ Benefits, Risks, Reasons
BPA's biggest risks in joining SPP’s Markets+ come down to footprint size and the limited transmission connectivity between the Northwest and Southwest entities most inclined to join the market, agency executives said.
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Rising Tensions Evident at BPA Day-ahead Markets Workshop
A polite discussion at a BPA day-ahead market participation workshop ended on a testy note as critics of the staff leaning in favor of SPP’s Markets+ urged the agency to rethink its position and consider once again delaying a market decision.
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NM PRC Issues ‘Guiding Principles’ for Electricity Market Participation
The Public Regulation Commission voted 3-0 to adopt the guiding principles which emphasize customer benefits, transparency, stakeholder involvement and tracking of greenhouse gas emissions.
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Western Utility CEOs Reflect on Evolving Energy Markets
Leaders of four large utilities reflected on the evolution of Western markets and looked toward the future at CAISO’s Stakeholder Symposium, emphasizing a shift toward more collaboration as large industry players choose which day-ahead market to join.

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