SOURCE: California Independent System Operator Corporation

California Independent System Operator Corporation

October 07, 2015 14:56 ET

California ISO Ready to Carry out Landmark Law to Reduce Greenhouse Gas Emissions

FOLSOM, CA--(Marketwired - October 07, 2015) - The California Independent System Operator Corp. (ISO) today issued the following statement after Governor Edmund G. Brown Jr. signed the Clean Energy and Pollution Reduction Act of 2015 (Senate Bill 350).

"The ISO applauds the Governor for signing this landmark legislation that will lead to higher use of clean energy resources and paves the way for expanding the electricity grid throughout western states," said Steve Berberich, ISO President and CEO. "A multi-state western grid will foster improved increased coordination over a larger geographic footprint, which is key in using renewable energy to meet consumer demand more efficiently at a lower cost."

The new law requires California to increase the purchase of renewable energy resources from 33 percent to 50 percent by the end of 2030. It also begins the process of transforming the ISO into a regional organization to promote expanded use of clean energy in California and participating western states.

For more information on the ISO, visit www.caiso.com.

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The California ISO provides open and non-discriminatory access to one of the largest power grids in the world. The vast network of high-voltage transmission power lines is supported by a competitive energy market and comprehensive grid planning. Partnering with about a hundred clients, the nonprofit public benefit corporation is dedicated to the continual development and reliable operation of a modern grid that operates for the benefit of consumers. Recognizing the importance of the global climate challenge, the ISO is at the forefront of integrating renewable power and advanced technologies that will help meet a sustainable energy future efficiently and cleanly.

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