December 24, 2024

CAISO Extended Day-Ahead Market (EDAM)

APS
Ariz. Utilities Required to Report on Day-ahead Market Activities
When Arizona utilities file their next integrated resource plans, they’ll be required to include an analysis of cost savings and other benefits they could realize from Western regional market participation.
Powerex
Powerex Contests Brattle’s EDAM/Markets+ Comparative Study
The study comparing key features of CAISO’s EDAM and SPP’s Markets+ contains “several material misstatements of facts” and overlooks evidence “directly contrary to its conclusions,” Powerex contends.
The Brattle Group
Brattle Study Finds EDAM Gains, Markets+ Losses for BPA, Pacific NW
BPA would earn $65 million in annual benefits from joining CAISO’s EDAM but face $83 million in increased yearly costs from participating in SPP’s Markets+, according to a new Brattle study.
© RTO Insider LLC
CAISO Outlines EDAM Access Charge Plan for its Own BA
CAISO described to stakeholders how it will apply the Extended Day-Ahead Market transmission revenue recovery mechanism to its own balancing authority area.
© RTO Insider LLC
Regulators Who Launched Pathways Praise Western ‘RO’ Plan
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”
PacifiCorp
Brattle Study Likely to Fuel Debate over EDAM, Markets+

The white paper by The Brattle Group offers a point-by-point comparison of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ that leans in favor of EDAM but stops short of endorsing either market.

CAISO
CAISO Launches Phase 2 of Pricing Issues Initiative
The next phase of the Price Formation Enhancements Initiative will look to address issues around market power mitigation, scarcity pricing and fast-start pricing.
Shutterstock
CAISO Passes Initiatives to Address Meter Data Reporting, Expand Trading
The CAISO Board of Governors and Western Energy Markets Governing Body passed two proposals that address different issues within Western markets.
© RTO Insider LLC 
FERC Grants PGE Extra Time to Prepare for EDAM
FERC granted CAISO a waiver allowing PGE to join the ISO’s Extended Day-Ahead Market a few months beyond the timeline set out in the market’s standard participation agreement.
The Brattle Group
Updated EDAM Study Shows Doubling of PacifiCorp Benefits
PacifiCorp is poised to realize up to $359 million a year in net benefits from participating in CAISO’s EDAM, nearly double a previous estimate, according to a newly updated study by The Brattle Group.

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