The West-Wide Governance Pathways Initiative could lead the charge on developing an alternative to the Western Resource Adequacy Program that would integrate with CAISO’s Extended Day-Ahead Market, according to co-Chair Pam Sporborg.

The West-Wide Governance Pathways Initiative’s Launch Committee will hire an executive staffing firm and is considering funding sources as it advances to the next phases of building the independent organization that will govern CAISO’s energy markets.

The West-Wide Governance Pathways Initiative’s Launch Committee Co-Chair Pam Sporborg said the stakeholder process of the new regional organization that will oversee CAISO’s energy markets is an evolution of the ISO’s Regional Issues Forum.

As long as entities across the West remain committed to continued regional trade, coordination, and reciprocal efforts to enable market participation, there can be significant benefits for the region at large, say Chris Robinson and Scott Simms.

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.

The West-Wide Governance Pathways Initiative is preparing to file the incorporation documents for the independent RO that will govern CAISO’s energy markets, while funding challenges remain.