The West-Wide Governance Pathways Initiative soon will begin the nomination process to select the initial board of the independent regional organization that will govern CAISO’s energy markets.

California Gov. Gavin Newsom signed into law the bill that will allow CAISO to transition the governance of its markets to an independent “regional organization,” along with five other bills related to energy and emissions.

With California passing the bill designed to transition the governance of CAISO’s markets to an independent regional organization, new challenges await the West-Wide Governance Pathways Initiative as the coalition seeks to turn a once-elusive goal into reality.

California lawmakers have passed a landmark bill that will allow CAISO to transition the governance of its markets to the independent “regional organization” envisioned by the West-Wide Governance Pathways Initiative.

California lawmakers have shifted the legislation designed to transition governance of CAISO’s markets to an independent “regional organization” into a different bill — AB 825.

Six Western U.S. senators came out in support of the California legislation needed to transform CAISO’s market into an independent regional energy market, saying in a letter to Gov. Gavin Newsom the bill promises "improved grid reliability and significant energy cost savings.”

The California Public Utilities Commission approved a decision to significantly increase to Pacific Gas & Electric’s cost cap for customer energization projects in 2025 and 2026.

After months of negotiations, the author of the California legislation needed to transform CAISO’s market into an independent regional energy market for the West is confident the state legislature will have a bill to vote on before the session wraps up