Public Service Company of New Mexico (PNM), a wholly owned subsidiary of TXNM Energy, plans to join the California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM), a regional energy market that’s scheduled to launch in 2026.
PNM hopes to begin participation as early as 2027 in EDAM, a voluntary day-ahead regional market that positions supply to meet forecasted demand across the EDAM footprint.
“Participating in EDAM is the next step in realizing the value of New Mexico’s renewable energy potential for our customers, helping us ensure continued clean and reliable service at the lowest possible cost,” said PNM President and CEO Don Tarry…