West-Wide Governance Pathways Initiative
Office of Sen. Josh Becker
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.
Office of Sen. Jeff Merkley
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.”
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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.
Shutterstock
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
Office of Gov. Gavin Newsom
California Gov. Gavin Newsom renewed his call for lawmakers to pass a bill to authorize CAISO to relinquish governance of its electricity markets and allow it and the state’s utilities to participate in a new “regional organization” designed to oversee a West-wide market.
Office of Gov. Gavin Newsom
California Gov. Gavin Newsom again appeared to voice support for the proposed bill that would allow CAISO to relinquish market governance to an independent regional organization, saying the legislation can reduce electricity costs and improve reliability.
West-Wide Governance Pathways Initiative
The West-Wide Governance Pathways Initiative will run its stakeholder processes separately from CAISO’s until the effort's regional organization is formally launched in 2028, even in areas of overlapping interest.
Andre m, CC BY-SA 3.0, via Wikimedia Commons
The author behind the bill that would allow CAISO to relinquish market governance to an independent RO has delayed a hearing after several organizations withdrew support for the proposed legislation.
PNM
Public Service Company of New Mexico made it official: The utility signed an implementation agreement to begin participating in CAISO’s Extended Day-Ahead Market in fall 2027.
Shutterstock
A California bill to implement the West Wide Governance Pathways Initiative’s Step 2 proposal passed the state Senate in a unanimous vote.
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