West-Wide Governance Pathway Initiative
CAISO kicked off the West-Wide Governance Pathways Initiative stakeholder process required to shift the ISO’s governance structure to an independent entity within the Extended Day-Ahead Market.
Backers of the West-Wide Governance Pathways Initiative will move quickly on a proposal to alter the governance of CAISO’s Western EIM and EDAM after voting to approve the plan.
NV Energy intends to join CAISO’s Extended Day-Ahead Market, an official with the utility said, notching a major win for the ISO in its competition with SPP’s Markets+ day-ahead offering in the West.
NV Energy plans to make its intention to join the CAISO EDAM public on May 31 when it files an integrated resource plan with the Public Utilities Commission of Nevada.
An NV Energy executive provided the strongest public indication yet as to why the utility is poised to choose the ISO's Extended Day-Ahead Market over SPP’s Markets+.
Backers of the West-Wide Governance Pathways Initiative say they want to move quickly on first part of their proposed plan to shift CAISO’s governance to an independent entity.
Reps from two groups that blocked past efforts to “regionalize” CAISO predict success for an upcoming campaign to change California law to allow the ISO to participate in an independent RTO.
The West-Wide Governance Pathways Initiative applied for the money in January in response to a DOE Funding Opportunity Announcement, seeking two tranches of $400,000 each to be disbursed over two years to help support the effort build an independent Western RTO.
Backers of an initiative to create an independent Western RTO that builds on CAISO’s markets have floated a plan to untangle the snag that’s hung up past efforts to “regionalize” the ISO: a lack of independent governance.
The West-Wide Governance Pathways Initiative has secured commitments of financial support from 24 utilities and other electricity-sector organizations and expects that list to grow.
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