Below-average temperatures in California this summer have reduced demand and made electric grid operations uneventful so far, with the state reaching 40,000 MW of demand for the first time in July.
Public Service Company of New Mexico made it official: The utility signed an implementation agreement to begin participating in CAISO’s Extended Day-Ahead Market in fall 2027.
BPA's day-ahead market decision will have “major reliability and affordability impacts” on electricity customers in the Northwest and across the West, CAISO CEO Elliot Mainzer told the ISO’s Board of Governors
ISO/RTO leaders explained the issues facing their markets and took some questions from members, with subjects like FERC's independence and the recent capacity price spikes in PJM coming up.
CAISO, California and other parts of the West head into 2025 with a heavy load of priorities: implementing EDAM, developing the infrastructure needed to meet ambitious climate goals, and moving forward with new and continuing initiatives to address some of the ISO’s biggest challenges.
CAISO’s launch of the Extended Day-Ahead Market will not spell the end of a Western real-time-only offering from the ISO, according to CEO Elliot Mainzer.
The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.
