On December 20, 2023, FERC approved the California Independent System Operator Corporation’s (“CAISO”) proposal to establish the Extended Day Ahead Market (“EDAM”), which allows external Balancing Authority Areas (“BAAs”) to participate in CAISO’s day-ahead market. FERC also approved CAISO’s Day Ahead Market Enhancements (“DAME”) proposal, which establishes two new day-ahead market products: Imbalance Reserves and Reliability Capacity. FERC approved the CAISO’s proposals but rejected the proposed EDAM access charge without prejudice. CAISO must submit a compliance filing addressing FERC’s conditions within sixty (60) days of the Order.
More Posts
FERC Finds Dominion LNG Back-up Fuel Project Satisfies Hinshaw Exemption Under the NGA
PJM Files Capacity Market Overhaul for Resource Adequacy and Grid Reliability
FERC Proposes Changes to Filing Requirements and Data Collection for Electric Quarterly Report
FERC Directs PJM to Use a Historical Simulation Model with a 99% Confidence Level for its FTR Credit Requirement
FERC Revisits Kimball Wind’s Entitlement to Reimbursement for WAPA Substation Expansion
D.C. Circuit Backs FERC in New York Cost Allocation Dispute, Giving FERC Broad Deference under the Rule of Reason
FERC Adopts Regulations to Permit Credit-Related Information Sharing
D.C. Circuit Upholds FERC’s NEPA Review of Alaskan LNG Project
FERC Accepts PJM Capacity Market Revisions to Locational Deliverability Area Reliability Requirement, Sparks Strong Dissent from Commissioner Danly
Subscribe: Subscribe via RSS
Blogs
Firm/Org