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MarketsRescheduled Settlements Training: DAME, EDAM & EDAM CAISO Balancing Authority Participation Rules Continuation
The California ISO rescheduling the settlements-focused training session originally planned for Dec. 2, 2025, to Dec. 18, 2026, from 9 a.m. to 10:30 a.m. Pacific Time. This session is a follow-up to the Aug. 20, 2025, training and will focus on specific topics resulting from the upcoming Spring 2026 launches of:
- Day-Ahead Market Enhancements (DAME)
- Extended Day-Ahead Market (EDAM)
- EDAM ISO Balancing Authority Area Participation Rules
This class will cover impacts to the following charge codes:
- Settlements of the Imbalance Reserve (IR) portion of Flexible Ramp Product (FRP)
- Imbalance Reserve and Reliability Capacity Tier 1 and Tier 2
- Resource Sufficiency Evaluation (RSE) settlement validation
- Understand how settlements of the Imbalance Reserve (IR) portion of Flexible Ramp Product (FRP) are processed.
- Explain the differences between Tiers 1 and 2 for Imbalance Reserve and Reliability Capacity.
- Explain how to validate the Resource Sufficiency Evaluation (RSE) settlement based on organizational role.
Who should attend?
The primary audience for this training is the settlement personnel of Scheduling Coordinators operating within the ISO Balancing Authority Area, those planning to participate in EDAM, and anyone engaged in Western Energy Markets who wants to stay informed.
Even if your organization does not plan to participate in EDAM immediately, this session offers valuable insights to help you prepare for future involvement.
Why is this important?
This training will allow participants to:
- Understand how settlements of the Imbalance Reserve (IR) portion of Flexible Ramp Product (FRP) are processed.
- Explain the differences between Tiers 1 and 2 for Imbalance Reserve and Reliability Capacity.
- Explain how to validate the Resource Sufficiency Evaluation (RSE) settlement based on organizational role.
What other training should you consider?
This session is a follow up to the Aug. 20, 2025, training that focused on general settlements-related impacts of these initiatives. You can find a recording, presentation slides and Q&A from this course, as well as for the Aug. 18, 2025, markets-related training on the ISO Training Center under the Western Energy Markets section.
A Frequently Asked Questions (FAQ) Guide has been published and is available for your reference. This is a living document, and we will continue to add questions and answers related to EDAM, including Settlements, as they arise.
A video recording of this continuation course will be available in the ISO Training Center under the Western Energy Markets section within three business days after the webinar.
Please contact Customer Readiness at CustomerReadiness@caiso.com with any questions.