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United States – Western Interconnection (Nevada, California) · nv-energy-caiso-edam-participation

NV Energy signs agreement to join CAISO's Extended Day-Ahead Market (EDAM), targeting 2028 start

Implementation
ENERGY MARKETSDAY-AHEADmarket couplingregional day-ahead market expansionbalancing authority integrationvoluntary RTO/market footprint growthWestern Energy Markets Governing Body governance framework for EDAM/WEIM market rules; Nevada Public Utilities Commission order authorizing NV Energy's EDAM participationUnited States – Western Interconnection (Nevada, California)
1Problem identified
2Consultation
3Proposal
4Regulatory review
5Decision
6Implementation
7Go-live
8Market impact
What changed

NV Energy, Nevada's largest utility, has formally signed an agreement with the California ISO to become the 9th Western entity to commit to joining the Extended Day-Ahead Market (EDAM), with participation planned to begin in 2028.

Why it matters

NV Energy's commitment expands the EDAM footprint into Nevada, building on its existing Western Energy Imbalance Market (WEIM) participation since 2015 (over $1.1B in realized savings). Broader EDAM participation is expected to improve day-ahead price formation, unlock cross-border transmission utilization, and increase regional reliability across the Western Interconnection as more balancing authorities join through 2026-2028.

Design impact
Price formation●●○
Cross-border capacity●●○
Liquidity●●○
Operational security●○○
Market participants●●○
Affected markets
Extended Day-Ahead Market (EDAM)Western Energy Imbalance Market (WEIM)
Who is affected
NV EnergyCalifornia ISOPacifiCorpPortland General ElectricLos Angeles Department of Water and PowerBalancing Authority of Northern CaliforniaPublic Service Company of New MexicoTurlock Irrigation DistrictImperial Irrigation DistrictBHE MontanaNevada Public Utilities Commission
MD analysis

This is a significant expansion event for the Western day-ahead market design, following EDAM's successful May 1, 2026 launch with CAISO and PacifiCorp. NV Energy's signing—backed by a Nevada PUC order citing connectivity benefits—demonstrates continued voluntary regional market integration in the West, a model contrasting with mandatory RTO expansion elsewhere in the US. The staggered onboarding schedule (PGE in Oct 2026; LADWP, BANC, PNM, Turlock ID in 2027; NV Energy, Imperial ID, BHE Montana in 2028) creates a multi-year phased implementation horizon that market participants must track for transmission scheduling, bidding rule changes, and settlement system readiness.

Rule / framework

Western Energy Markets Governing Body governance framework for EDAM/WEIM market rules; Nevada Public Utilities Commission order authorizing NV Energy's EDAM participation

Next milestone

Portland General Electric begins EDAM participation · 1 Oct 2026

Primary sources

CAISO · ISO · 2026-09-17

NV Energy signs agreement to join Extended Day-Ahead Market

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