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Portland General Electric Intends To Join CAISO EDAM Regional Energy Market
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Portland General Electric, which has a limited direct access program, announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM)
The EDAM is expected to begin operating in 2026. Utilities that participate in the market will bid their anticipated energy demand and generating resources into the market a day ahead of expected usage. The market will then optimize generation resources and the energy needed for all market participants.
PGE joined CAISO's Western Energy Imbalance Market (WEIM), a real-time, wholesale energy market, in 2017
In addition to PGE, other utilities that have signaled intent to pursue participation in the EDAM are PacifiCorp, the Los Angeles Department of Water and Power and the Balancing Area of Northern California, which includes the Sacramento Municipal Utility District.
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March 21, 2024
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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