CAISO Extended Day-Ahead Market (EDAM)
Governance should be a “key consideration” for the West in the competition between day-ahead electricity markets because the outcome potentially affects $25 billion a year in energy transactions, according to a new “issue alert.”
Labor groups that blocked past California legislative efforts to “regionalize” CAISO told state lawmakers they “look forward” to working with the legislature next year to pass a bill to implement the governance changes being developed by Pathways.
One thing has become abundantly clear after three intensive workshops this summer: there’s no blueprint for developing the stakeholder process for the “regional organization” envisioned by the West-Wide Governance Pathways Initiative.
SPP’s Markets+ hit a snag after FERC issued a deficiency letter outlining 16 problems the RTO must address in the tariff it filed for the proposed Western day-ahead market in March.
The new "RO" envisioned by the West-Wide Governance Pathways Initiative might be based near CAISO’s headquarters in Folsom, Calif., according to a straw proposal.
The senators representing Oregon and Washington urged the agency to delay its decision to join a Western day-ahead electricity market until developments play out further around SPP’s Markets+ and CAISO’s EDAM.
CAISO will recommend its board approve a proposal to eventually give the WEM Governing Body increased authority over both the Western EIM and EDAM.
The Bonneville Power Administration is ramping up its engagement with the West-Wide Governance Pathways Initiative, an executive with the federal power agency said.
The WEIM Governing Body voted to change its name to the “Western Energy Markets” Governing Body to better reflect its full scope of responsibility since it began overseeing CAISO’s EDAM.
SPP attempted to allay concerns about its ability to dispatch power among various Western regions during a webinar intended to illustrate its experience with seams management.
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