Dive Summary:

• The California Independent System Operator Corp. (ISO) has welcomed Valley Electric Association, Inc. (VEA) as the newest transmission owner to join California's grid.
• The cross state partnership is a major step toward a regional effort to green the grid and should create jobs and benefits ratepayers across the region.
• VEA's partnership with the California grid will help strengthen reliability in the corner of the ISO grid that overlaps with Nevada.

From the article:

The new cross-state partnership highlights the value of regional collaboration in greening the grid, creating jobs and benefiting ratepayers across the region. VEA and the ISO can share efficiencies and be the conduit for cost-effective renewable resources. This win-win relationship also adds competition and liquidity to our energy markets.

“We highly value the transmission alliance we now have with Valley Electric. The collaboration will continue to strengthen as we realize the benefits our interregional partnership will produce in the months and years ahead advancing renewable power and creating efficiencies for ratepayers in both California and Nevada,” said ISO President and CEO Steve Berberich. ...