The members of California Independent System Operator’s WesternEnergy Imbalance Market have agreed to work on a market designproposal to create a regional day-ahead market, after finding such amarket could create potential benefits of $119 million to $227 millionannually.The potential for an extended day-ahead market, or EDAM, couldhelp move renewables around the West and assist states in meetingtheir climate goals. EDAM transactions could also cover a muchlarger share of the resources and loads across the West comparedwith the EIM.
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