Article

The California Independent System Operator (CAISO) has reduced its transmission development budget by $1.3 billion for the 2024-2025 plan, shifting focus to reliability-driven projects. The peak demand growth rate increased from 0.99% to 1.53%, particularly in the Greater Bay area. CAISO's plan enables the connection of significant renewable energy resources and compliance with Federal Energy Regulatory Commission mandates, while addressing challenges from electrification and data center load growth.