CAISO Extended Day-Ahead Market (EDAM)
NV Energy would gain significantly more economic benefits from participating in CAISO’s EDAM than SPP’s Markets+, new analysis from the Brattle Group shows.
NV Energy and several stakeholder groups have weighed in on how Nevada regulators should evaluate a request from the utility to join a day-ahead market or RTO.
A dispute around the January cold snap that forced Northwest utilities to sharply increase electricity imports to meet surging demand has become a proxy for the broader day-ahead market contest between CAISO and SPP.
CAISO notched another victory in the competition to bring organized markets to the West when the Los Angeles Department of Water and Power’s oversight board authorized the utility to prepare to join EDAM.
The Bonneville Power Administration plans to issue a draft decision on its day-ahead market participation in August, followed by a final decision in November.
The study finds dividing CAISO’s EDAM from SPP’s Markets+ would create seams that pose a different set of problems than challenges seen at the boundaries of full RTOs in other parts of the U.S.
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