CAISO Extended Day-Ahead Market (EDAM)
The Western Energy Markets Governing Body approved a set of revisions to CAISO's gas-fired energy generation resource management program after two years of work with stakeholders.
CAISO continues to work to revise the rules around how congestion revenues will be allocated to participants in the ISO’s Extended Day-Ahead Market, which will be launched in spring 2026.
The West-Wide Governance Pathways Initiative’s Launch Committee approved the bylaws and incorporation documents for the organization that will govern CAISO’s energy markets.
CAISO and SPP have made “significant progress” on adapting existing tools to tackle seams between the two entities’ respective day-ahead markets, according to a CAISO representative.
As the Bonneville Power Administration prepares to join Markets+, the agency hopes to complete the initial program governance setup and define its commercial model for market participation in early 2026.
The West-Wide Governance Pathways Initiative could lead the charge on developing an alternative to the Western Resource Adequacy Program that would integrate with CAISO’s Extended Day-Ahead Market, according to co-Chair Pam Sporborg.
A new FERC report adds to the growing body of work showing the complexity of confronting the seams issues likely to arise between the West’s two day-ahead markets when compared with challenges at the borders between RTOs and ISOs in the Eastern U.S.
PacifiCorp is hiring additional employees to prepare for CAISO’s Extended Day-Ahead Market next year, with staff expecting the launch will bring a few “scratches and bruises.”
CAISO's Department of Market Monitoring has asked the ISO to re-evaluate its intertie scheduling proposal for the Extended Day-Ahead Market due to potential impacts on market participants.
SPP says the development of its Markets+ day-ahead market in the West is proceeding on time and under budget, with the hard part yet to come.
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