April 24, 2014 4:06 AM ET

Electric Utilities

Company Overview of California Independent System Operator Corporation

Company Overview

California Independent System Operator Corporation, a nonprofit public benefit corporation, operates high-voltage power lines that deliver electricity in California and to neighboring control areas and states, as well as to Canada and Mexico. It operates a day-ahead market, which is the vehicle for providing open-access transmission service to users of the transmission grid; clearing energy bids and offers for short-term energy purchases and sales; performing economic dispatch to maintain continuous supply-demand balance and manage grid congestion; and procuring reserve capacity or ancillary services to maintain reliable operation under unexpected changes in grid conditions. The company also...

PO Box 639014

Folsom, CA 95763

United States

Founded in 1997

581 Employees

Key Executives for California Independent System Operator Corporation

Chief Executive Officer
Vice President of Operations
Chief Compliance Officer
Vice President of Human Resources
Vice President of Policy and Client Services
Compensation as of Fiscal Year 2013.

California Independent System Operator Corporation Key Developments

California Independent System Operator Corporation expected to report Q1 2014 results on April 23, 2014. This event was calculated by Capital IQ (Created on April 17, 2014).

California Independent System Operator Corporation expected to report Q1 2014 results on April 23, 2014. This event was calculated by Capital IQ (Created on April 17, 2014).

The California Independent System Operator Corporation Approves Grid Infrastructure Upgrades in Southern California

The California Independent System Operator Corporation (ISO) Board of Governors approved grid infrastructure upgrades that focus on the reliability needs in southern California in the wake of the San Onofre Nuclear Generating Station (SONGS) early retirement in June 2013. The 2013-2014 Transmission Plan recommends 30 grid solutions -- three of which help to offset the SONGS retirement -- and it emphasizes projects that minimize emissions and address the reduction of local gas-fired generation in response to state requirements regarding use of coastal water for cooling power plants. The comprehensive analysis behind the plan creates a more flexible grid that further enhances reliability, meets state environmental and energy goals as well as provides economic benefits to consumers. The 15-month long planning cycle includes the active participation of transmission owners, generation owners and other stakeholders, as well as close coordination with the California Energy Commission and California Public Utilities Commission.

California Independent System Operator Corporation Announces Executive Changes

The California Independent System Operator Corporation Board of Governors has appointed Roger Collanton to the position of Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary, effective February 17, 2014. Mr. Collanton succeeds Nancy Saracino, who, after nearly seven years of service to the ISO, resigned in early February to return to private practice. Mr. Collanton serves as the ISO's chief legal officer, leading the ISO's legal, internal audit and corporate compliance functions, as well as advising the Board of Governors on legal, governance and corporate issues. Mr. Collanton has over 18 years of legal experience and was most recently the ISO's Deputy General Counsel. He is a member of the California Bar and has extensive experience in appearing before state and federal courts throughout California and the United States.

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