The math ain’t mathing: CAISO has claimed that EDAM, which kicked off in May, delivered over $11M in benefits over its first two months (nearly $6M for CAISO and over $5M for first participant PacifiCorp).
The issue? CAISO has sent around half that amount in congestion revenues to PacificCorp, a coalition of CA cities noted. Now, officials want EDAM to provide an “ongoing comparison of costs and benefits.”
Plus, the California PUC pointed out, CAISO has made two load adjustments this summer that appear to have overshot its own reliability standards.
Wed, Aug 19
Molly Glick
Energy Central Team
NEWS: California officials are scratching their heads at the Extended Day-Ahead Market’s data.
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