Independent System Operator: independent regional organization: California Renewables Portfolio Standard Program.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Utilities and Energy
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill modifies the structure of the Independent System Operator (ISO), a key organization for managing California’s electricity grid. Specifically, it deletes provisions that would have transitioned the ISO into a regional organization. Instead, it authorizes the ISO and participating transmission owners to utilize voluntary energy markets through an independent regional organization, provided certain requirements are met. The bill also establishes a Regional Energy Market Oversight Council to ensure these markets serve the state’s interests and requires the council to approve or disapprove participation. Finally, it clarifies that the independent regional organization is not a California balancing authority.
Key provisions
- Authorizes the ISO and participating transmission owners to use voluntary energy markets through an independent regional organization.
- Establishes the Regional Energy Market Oversight Council to oversee participation in regional energy markets.
- Defines requirements for the independent regional organization to ensure it aligns with state interests.
- Clarifies that the independent regional organization is not a California balancing authority.
- Requires the Energy Commission to require resources without direct interconnection to a California balancing authority to demonstrate a pseudo-tie agreement or firm transmission.
- Creates a process for the council to approve or disapprove participation in the independent regional organization.
- Requires the ISO to maintain technical capability and continue its balancing authority functions.
Bill text
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