December 22, 2024

PacifiCorp

LADWP
LADWP Gets Board’s OK to Join CAISO’s EDAM
The Los Angeles Board of Water and Power Commissioners gave the go-ahead for LADWP to join CAISO’s EDAM, in a move expected to increase the utility’s annual net revenue by almost $40 million.
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BANC Signs Agreement to Join EDAM
The Balancing Authority of Northern California became the third entity to formally join CAISO’s Extended Day-Ahead Market, following PacifiCorp and Portland General Electric.
Salt River Project
4 Arizona Utilities Commit to Joining Markets+
The joint announcement by APS, SRP, TEP and UniSource Energy marks a significant win for SPP after a string of victories for CAISO’s competing Extended Day-Ahead Market.
Powerex
Powerex to Cancel Rights on PacifiCorp Tx System over EDAM Changes
Powerex intends to terminate a large portion of its rights on PacifiCorp’s transmission system in response to the utility’s plans to update its transmission tariff to align with CAISO’s EDAM.
E3
BPA Sticks to Markets+ Leaning Despite Study Showing EDAM Benefits

New findings from a much-anticipated study have “not shifted” BPA's staff recommendation that the agency choose SPP’s Markets+ over CAISO’s — despite results showing greater economic benefits from EDAM.

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Western Utility CEOs Reflect on Evolving Energy Markets
Leaders of four large utilities reflected on the evolution of Western markets and looked toward the future at CAISO’s Stakeholder Symposium, emphasizing a shift toward more collaboration as large industry players choose which day-ahead market to join.
WAPA
WAPA Sierra Nevada Region to Advance with EDAM
The Western Area Power Administration said its Sierra Nevada region will pursue “final negotiations” to join CAISO’s Extended Day-Ahead Market, notching another — if expected — victory for the ISO in its competition with SPP’s Markets+.  
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.
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.

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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.

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