The electricity market slide
THE BUZZ OF THE BALL: Establishing a new Western electricity market was a major goal for Gov. Gavin Newsom and legislative leaders in 2025. Now, it’s becoming a reality.
On Friday, Nevada regulators gave NV Energy, the state’s largest utility, approval to join the new extended day-ahead energy market that California’s grid manager is setting up.
That news has California’s energy leaders buzzing.
“The NV Energy approval is particularly pivotal for our market,” Elliot Mainzer, president of the California Independent System Operator, said in an interview.