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1、Regional Market Design and Pathways UpdateRandy S HowardRandy S HowardGeneral ManagerGeneral ManagerApril 7,2025April 7,2025N O R T H E R N C A L I F O R N I A P O W E R A G E N C YN O R T H E R N C A L I F O R N I A P O W E R A G E N C YBackgroundBackgroundThe new Extended Day-Ahead Market(EDAM)is
2、an effort to extend the DAM optimization throughout the EIM footprintProposed benefits:Increased reliability benefitsEconomic efficiency benefitsEnvironmental benefitsTiming and ParticipationEstimated launch in 2026Current Participants:PacificCorp(2026),PGE(2026),BANC(2027),LADWP(2027)2N O R T H E R
3、 N C A L I F O R N I A P O W E R A G E N C YN O R T H E R N C A L I F O R N I A P O W E R A G E N C YElements of EDAMElements of EDAMVoluntary participation structure participants may engage in both EDAM and WEIM,or only WEIMLow cost to participate using CAISOs existing optimization platform and res
4、ourcesDaily resource sufficiency evaluation to ensure reliable operations of the gridIntent to maximize use of available transmission enable seamless energy transfers across areasSupport greenhouse gas reduction goals is designed to support state goals regarding GHG programs3N O R T H E R N C A L I
5、F O R N I A P O W E R A G E N C YN O R T H E R N C A L I F O R N I A P O W E R A G E N C YBenefits of EDAMBenefits of EDAMThe day-ahead market efficiently positions supply to meet forecasted demand across the EDAM footprint and identifies economic transfers between participating areasReliability ben
6、efits:By improving visibility and awareness of conditions across the footprint,including supply availability,a regional day-ahead market positions a divers set of resources to cost-effectively meet the next days conditions.Economic benefits:Operational benefits result from reduced production costs a