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PacifiCorp explains EDAM day‑ahead adequacy test, penalties and hedging implications
Summary
PacifiCorp told Utah regulators EDAM will impose a daily resource efficiency evaluation (RSE) that entities must pass each hour; small failures are de minimis, larger shortfalls trigger multipliers intended to discourage intentional under‑procurement, and the company said it is reviewing hedging policy updates.
PacifiCorp staff described how EDAM will require each market participant to satisfy a day‑ahead Resource Efficiency Evaluation (RSE) before the market runs and explained the penalty structure for shortfalls.
Danny (surname not specified in the transcript), a PacifiCorp market presenter, said the RSE is a daily test that checks whether a participant’s forecasted load, variable resource uncertainty and ancillary‑service obligations are covered by committed resources for each hour of the next day. He said the RSE exists to give market participants and…
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