New Initiative: Extended Day-Ahead Market (EDAM) Congestion Revenue Allocation: Hybrid Stakeholder Workshop on 3/24/25; Issue paper will be posted on 3/17/25

The California ISO will host a hybrid stakeholder workshop regarding the Extended Day-Ahead Market (EDAM) Congestion Revenue Allocation on March 24, 2025. This new stakeholder initiative is intended to ensure understanding of the current EDAM congestion revenue allocation design and seek to identify any potential transitional design considerations with stakeholders. The scope of this expedited initiative will focus on allocation of congestion revenues between participating balancing areas, particularly resulting from congestion rents collected due to binding flow-based transmission constraints in one EDAM Balancing Area from parallel flows induced by energy that sources or is delivered to another EDAM balancing area.

An issue paper will be published on March 17 and posted on the initiative webpage. The issue paper will describe in depth the current design for congestion revenue allocation between EDAM balancing areas, based on prior FERC approval, and will introduce potential transitional measures for stakeholder feedback and consideration during the workshop. The agenda, along with other meeting materials, will be available prior to the meeting on the webpage linked above.

Attendees may choose to participate virtually or in person at the ISO. If you plan to attend in person, please register by end of day March 21, 2025. The workshop will be recorded and the video file posted on the initiative webpage. The recording is for informational and convenience purposes only, and any related transcriptions should not be reprinted without the ISO’s permission.

The ISO welcomes stakeholder participation and feedback and will open a comment period regarding the issue paper and workshop with comments due on April 7, 2025. The comments template will be made available prior to the workshop on the webpage linked above.