The West-Wide Governance Pathways Initiative’s Launch Committee asked CAISO to initiate a stakeholder process to create a funding mechanism for the newly incorporated organization that is slated to assume governance over the ISO’s energy markets.

As the West appears to move toward two separate day-ahead markets, data center developers like Google and clean energy companies are investing with the intent to mitigate seams and ensure operational consistency, panelists at an Advanced Energy United webinar said.

CAISO released its first mandatory report under the California assembly bill that paves the way for an independent regional organization to assume responsibility over the ISO’s energy markets.

Delaware approved the certificate of incorporation for the ROWE, and an executive search firm has been hired to vet candidates for the organization’s initial board, the Pathways Initiative’s Launch Committee announced.

The West-Wide Governance Pathways Initiative’s Launch Committee approved the bylaws and incorporation documents for the organization that will govern CAISO’s energy markets.

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.