Business
NV Energy Opting for CAISO’s Extended Day-Ahead Market Over SPP’s Markets+
NV Energy has made a significant decision in the energy market landscape by choosing to join the California Independent System Operator’s (CAISO) Extended Day-Ahead Market (EDAM) rather than participating in the Southwest Power Pool‘s (SPP) Markets+. This decision was influenced by concerns that participation in SPP’s Markets+ could be less favorable based on recent studies by the Brattle Group, which appear to be biased towards CAISO’s EDAM.
The choice reflects NV Energy’s strategic alignment with CAISO, which is seen as a more viable option for managing day-ahead markets in the Western United States. This move is part of a broader trend where utilities are carefully evaluating their participation in various regional energy markets to optimize efficiency and cost-effectiveness.
In other news, NV Energy recently hosted a successful community event, the 2nd Annual Trunk-or-Treat, in collaboration with Kalapu FKP775. The event, held over the weekend, saw attendees enjoying hot cocoa, treats, and participating in trunk-or-treat activities, highlighting the company’s commitment to community engagement.