FERC Accepts CAISO Tariff Changes for Western Day-Ahead Electricity Market
The Federal Energy Regulatory Commission in December accepted changes to the California Independent System Operator’s tariff that will enable it to launch a Western day-ahead electricity market.
The acceptance of Western day-ahead market rules by FERC was paired with approval of another significant set of ISO tariff changes that will provide important day-ahead market enhancements.
Collectively, these new rules are known as the Day-Ahead Market Enhancements (DAME) and the Extended Day-Ahead Market (EDAM).