Dive Summary:
- The California Independent System Operator Corp. (ISO) Board approved the application for Valley Electric and its wholly owned Nevada subsidiary Valley Electric Transmission Association, LLC.
- The approval will make Valley Electric the first Nevada-based utility to join the ISO, which is the only open market power grid in the western United States.
- The addition of the two new members brings the number of municipal utilities the ISO manages to eight.
From the article:
The only open market power grid in the western United States continues to grow its boundaries after winning unanimous approval from its Board of Governors last week to add two new public power entities as participating transmission members in 2013.
The California Independent System Operator Corp. (ISO) Board approved the participating transmission owner application for Valley Electric and its wholly owned subsidiary Valley Electric Transmission Association, LLC, based in Pahrump, Nevada. ...