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ISO outlines governance changes and California bill SB540 as pathway to regional oversight
Summary
ISO officials told Utah regulators that a stepwise governance plan would elevate an independent Western Energy Markets governing body under step 1 and could move market‑rule governance to a separate regional organization under step 2, a change that is tied to California legislation (SB540).
Stacy Crowley, vice president of external affairs at the California ISO, summarized an ongoing governance initiative intended to create more independent, regional oversight for Western markets and explained how California legislation (SB540) connects to a longer‑term “step 2” pathway.
Crowley said the ISO evolved a joint governance model to include a Western Energy Markets governing body that shares authority with the ISO board. Under a step‑1 package approved last summer, the governing body’s role was elevated with a new…
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