Energy Business
Molly Glick
Molly Glick
Energy Central Team
·Posted in Energy Business
Tue, Aug 4

NEWS: Over its first two months, CAISO’s Extended Day-Ahead Market offered over $11M in savings.

  • Who’s saving: EDAM’s first participants (PacifiCorp East, PacifiCorp West and CAISO). How? The day-ahead market distributes cheaper supply across the region and “improves the utilization of available generation,” according to a recent CAISO report.

  • More where that came from: CAISO predicts that these savings will grow “substantially” as new participants join EDAM and grow the market’s footprint—as is the case with the Western Energy Imbalance Market. Think of it like a power potluck. 🍲

  • Dive deeper into EDAM with Mike Wilding, PacifiCorp’s VP of Energy Supply Management.

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