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Committee reviews Pathways Initiative (SB 540) that would enable a Western regional electricity market

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Summary

Townsend briefed the Santa Barbara City Sustainability Committee on SB 540 (the Pathways Initiative), which would authorize CAISO to run a Western regional electricity market to expand resource procurement and potentially lower costs.

Townsend public affairs representatives briefed the Santa Barbara City Sustainability Committee on SB 540, known in the briefing as the Pathways Initiative, which would authorize the California Independent System Operator (CAISO) to operate a regional electricity market across Western states.

Townsend's presenter described the policy’s core aims: expand the footprint from which California load‑serving entities can procure power, improve grid reliability by enabling resource sharing across a broader geographic area, and—arguably—reduce costs. Committee members and staff discussed…

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