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.

The formation of two competing day-ahead markets will create seams across the West, but at least one utility representative is more worried about seams resulting from the fracture of CAISO’s real-time Western Energy Imbalance Market.

A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.

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+.

Responding to an appellate court’s concerns about free ridership, FERC reversed a decision that allowed the WestConnect transmission planning region to include a category of participants not subject to binding cost allocation.