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Commission orders overhaul of California ISO. (News).(Brief Article)

Energy User News

| September 01, 2002 | COPYRIGHT 2002 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

WASHINGTON, DC--The governing board of the California Independent System Operator (CA-ISO) was found to be in violation of Federal Energy Regulatory Commission (FERC) orders, insufficiently independent, and hampering efforts to implement electricity-market reforms, FERC stated in a July 17 ruling.

As a result, FERC directed CA-ISO to adopt a two-tier organization by January 1, 2003. The top tier would consist of an independent, non-stakeholder board and would have sole decision-making authority. A lower tier would be an advisory committee of stakeholders that may make recommendations to the board and play a separate advisory role for the California Electricity Oversight Board.

"It is critical that the Western interstate transmission grid be operated on a ...

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