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.

The PJM Market Implementation Committee voted to endorse two packages of revisions to key parameters of the capacity market out of six offered by PJM and stakeholders that resulted from the Quadrennial Review.

PJM and the New Jersey Board of Public Utilities are in discussions on how the transmission and interconnection facilities planned for the state’s offshore wind aspirations can be put on ice in the wake of all the generation developers pulling out of their projects.

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.

Texas regulators have approved Entergy Texas’ request to build two natural gas-powered units in MISO’s portion of the state, but they have limited the construction costs eligible for recovery to a combined $2.4 billion.

Ameren Illinois remains adamant that it should have exclusive access to construct nearly $2 billion of MISO regional transmission projects in the state without competition.

MISO and several stakeholders came to the defense of the RTO’s $21.8 billion, 24-project long-range transmission plan portfolio for the Midwest as five Republican states seek to repeal the projects’ approval.

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.