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CAISO sent the California Legislature a summary of recent studies of Western regionalization, information intended to aid discussion of the ISO becoming an RTO.
A key California lawmaker introduced a bill to allow CAISO to become a Western RTO by expanding its governance to include representatives from other states.
A new coalition of trade and environmental groups says California must be in an RTO, bolstering a renewed push for CAISO to become a multistate organization.
CAISO's Board of Governors and the Western Energy Imbalance Market Governing Body approved an extended day-ahead market for the WEIM, calling it a milestone.
CAISO released a draft report on Western regionalization that is intended to revive talks on the ISO becoming a multistate RTO and bolster legislation.
Energy leaders from California and other Western states met in a workshop to explore the benefits of developing regional markets, including one or more RTOs.
An extended day-ahead market for CAISO's Western Energy Imbalance Market could produce up to $1.2 billion annually for Western participants, a new study found.