CAISO Extended Day-Ahead Market (EDAM)
The formation of two competing day-ahead markets will create seams across the West, but at least one utility representative is more worried about seams resulting from the fracture of CAISO’s real-time Western Energy Imbalance Market.
Former Seattle City Light CEO Debra Smith has been nominated to join the Western Energy Markets (WEM) Governing Body, with a three-year term to begin July 1.
California Energy Commission staff presented a study on the size of CAISO’s Extended Day-Ahead Market, finding more benefits as the market’s footprint increases.
Outgoing FERC Chair Mark Christie and former Colorado Gov. Bill Ritter both emphasized that the West controls the future of the Western interconnection, not Washington.
A California bill to implement the West Wide Governance Pathways Initiative’s Step 2 proposal passed the state Senate in a unanimous vote.
BPA CEO John Hairston’s keynote at the annual meeting of the WCPSC spotlighted a theme that would dominate discussion at the event: the looming prospect of overwhelming growth in electricity demand in the West and across the U.S.
Many stakeholders are now supporting CAISO’s proposed new method for allocating congestion revenues in EDAM after months of workshops and multiple proposals.
The West-Wide Governance Pathways Initiative’s Launch Committee estimates it will cost about $7.1 million to launch the independent regional organization that eventually will oversee energy markets in the West.
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