parallel flows
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.
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.
CAISO launched an “expedited” initiative to address stakeholder concerns about how EDAM will allocate congestion revenues when a transmission constraint in one balancing authority area causes congestion in a neighboring BAA.
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