Utility Dive•about 1 month ago
CAISO expects ‘solid launch’ for EDAM, first Western day-ahead market
- •CAISO's Extended Day-Ahead Market (EDAM) is on track for a solid launch, with inaugural participant PacifiCorp confirming successful 90-day parallel operations.
- •EDAM represents the first Western day-ahead market, expanding CAISO's influence and creating new market mechanisms for resource dispatch and pricing across the Western Interconnection.
- •For developers and large power consumers, EDAM introduces new day-ahead pricing signals and market opportunities/risks, potentially optimizing resource utilization and procurement strategies.
policy