West-Wide Governance Pathways Initiative
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.
© RTO Insider
The West-Wide Governance Pathways Initiative’s Launch Committee estimates it will cost about $7.1 million to launch the independent regional organization that eventually will oversee energy markets in the West.
Shutterstock
The latest version of California’s “Pathways” bill strips out a previous amendment that would have given state regulators authority to order utilities to withdraw from the RO under certain circumstances.
Shutterstock
A California bill to implement the West Wide Governance Pathways Initiative’s Step 2 proposal is headed to the floor of the state Senate after being approved by the body’s Appropriations Committee.
© RTO Insider
Though BPA removed any uncertainty by selecting SPP’s Markets+ over CAISO’s EDAM, the debate over whether BPA made the right choice likely will heat up as the West confronts a split into two major markets.
© RTO Insider
In the competition between two Western day-ahead markets — CAISO’s EDAM and SPP’s Markets+ — the two market operators have “sort of played off one another,” an industry observer said during a panel.
Want more? Advanced Search
