California legislature approves bill to create Western regional electricity market

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AB 825 amends California law to enable the California Independent System Operator (CAISO) to transition the governance of its markets to an independent regional organization envisioned by the multistate West-Wide Governance Pathways Initiative. This will level the playing field across all energy entities with centralized planning and dispatch of energy, ultimately giving ratepayers long-term access to affordable energy across the West. This is a significant step toward a full-service regional transmission organization (RTO), which will include centralized transmission planning, providing a unified approach to grid expansion and upgrades across a larger Western footprint.

Source: Wikipedia