October 6, 2024

CAISO Extended Day-Ahead Market (EDAM)

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Northwest Public Power Group Endorses Markets+ over EDAM
The Public Power Council has asked the Bonneville Power Administration to choose SPP’s Markets+ when the agency issues its day-ahead market “leaning” in April.
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Western RTO Effort Makes Gains on Funding, Legal Analysis
The West-Wide Governance Pathways Initiative is advancing on its $570,000 funding target. And its members also are wading deeper into one of the key subjects it was conceived to address: CAISO's governance.
LADWP
LADWP Poised to Join CAISO Day-ahead Market After Board OK

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.

U.S. Fish and Wildlife Service
BPA Targets August for Draft Day-ahead Market Decision

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.

CAISO
NM Utilities to Pursue More Analysis Before Day-ahead Decision
Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.
Western Power Trading Forum/Public Generating Pool
Western Market Seams Issues to Differ from East, Study Finds

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.

IBEW
Former Opponents Shift Position on CAISO ‘Regionalization’
The change of heart comes as participants in the West-Wide Governance Pathways Initiative work to build the framework for an independent RTO.
Western Markets Exploratory Group
NM Regulators to Explore Findings on Day-Ahead Market at RTO Workshop
The New Mexico Public Regulation Commission will dive into a report on the financial implications of a Western day-ahead electricity market.
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West Entered Pivotal Period for RTO Development in 2023

Future historians of the U.S. electricity sector one day might conclude the development of an RTO in the West hinged on two separate but interrelated events occurring on one day in July 2023.

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CAISO Wins (Nearly) Sweeping FERC Approval for EDAM
CAISO marked a key milestone in its Western expansion efforts after FERC approved nearly every aspect of its proposed Extended Day-Ahead Market.

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