PGE Launches Day-Ahead Energy Market Operations, Unlocking New Savings for Customers
Newsfile Corp•01/10/2026•12:00 ET
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Key Highlights
- ➤EDAM operations begin October 1, 2026, making PGE (POR) an early participant
- ➤Customer savings estimated at approximately $14 million annually once EDAM fully builds out
- ➤WEIM participation generated approximately $377 million in cumulative customer benefits since 2017
- ➤EDAM expands regional coordination across Western hydropower, wind and solar resources
Expert Statements
Maria Pope, President and CEO of Portland General Electric
“PGE has been long preparing for a reginal energy system that is dynamic and interconnected. Our early investments in advanced systems and operational capabilities as well as regional collaboration have positioned us to lead while staying focused on reliable service and affordability.”
Elliot Mainzer, President and CEO of the California ISO
“PGE's participation in EDAM reflects the growing momentum behind regional market collaboration in the West. The addition of PGE expands resource diversity and strengthens the market's ability to deliver economic and reliability benefits to participants and their customers.”
Years of investment and regional leadership position PGE to save customers an estimated $14 million annually while strengthening grid reliability
Portland, Oregon--(Newsfile Corp. - October 1, 2026) - Portland General Electric (NYSE: POR) today began buying and selling energy through the California Independent System Operator's (CAISO) new Extended Day-Ahead Market (EDAM), putting years of technology investment and regional collaboration to work for customers.
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