EDAM
Puget Sound Energy said it is joining Markets+, marking another win for SPP shortly after the Bonneville Power Administration issued its final market policy in favor of the day-ahead market.
Bonneville's final record of decision will come as little surprise to those who’ve been following market developments in the West.
In the competition between two Western day-ahead markets — CAISO’s EDAM and SPP’s Markets+ — the two market operators have “sort of played off one another,” an industry observer said during a panel.
Stakeholders and state energy officials continue to raise concerns about a draft proposal that would adjust how congestion revenues are allocated in CAISO's EDAM, with the ISO aiming for a vote on the final plan in the coming weeks.
CAISO released a draft final proposal detailing how EDAM will allocate congestion revenues in circumstances when a transmission constraint in one BAA produces “parallel” flows in a neighboring BAA also participating in the market.
CAISO sidelined a proposal to provide an additional market run for gas resources due to a lack of information on the subject and a need for operational experience with the ISO’s Extended Day-Ahead Market.
The complex issue regarding congestion revenue allocation in CAISO’s Extended Day-Ahead Market continues to raise questions and cause some confusion for market participants.
The Bonneville Power Administration elicited nearly 150 comments in response to the draft policy outlining its decision to join SPP’s Markets+ rather than CAISO’s Extended Day-Ahead Market.
The dispute over how CAISO’s Extended Day-Ahead Market will allocate congestion revenues to market participants continues, even as the ISO moves to address stakeholder concerns.
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
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