The ‘wild west’ has long been a label for places in which disorderly behavior prevails, especially due to a lack of clear rules or inadequate governance structures. When it comes to our western electricity grid, we are definitely still in the wild west.
The recent opinion piece in Utility Dive by Tony Clark, Ray Gifford and Matt Larson (“It’s time for emergent markets to take center stage in non-RTO regions of the country”, July 27, 2020) puts a light on this issue by noting the progress made in the past few years with the Energy Imbalance Market (EIM) and, its soon-to-be companion, EDAM — the Extended Day Ahead Market.
