California ISO board of governors approves five-year strategic plan

Folsom, CA, Mar. 27, 2008 — The California ISO board of governors approved a five-year strategic plan. The plan charts a course for enhancing grid operations, strengthening transmission infrastructure, achieving new market efficiencies and deploying advanced technologies.

The strategic planning process began with consultation with policy makers, electricity industry leaders and consumer representatives in California and the West. In addition, the process involved internal deliberations and analyses to develop plans around key objectives.

The California ISO’s corporate transformation began in 2005 when the company performed a capabilities assessment that resulted in a cost reduction. The next phase focused on operational excellence and focused on improved performance of core functions. The next phase is organizational effectiveness, which they hope will create new processes and alliances with state and federal policy makers as the ISO works to help “green the grid” and find solutions to future energy challenges.

The plan was developed against a backdrop of technological advances, an increasing focus on renewable resources and other emerging environmental issues, new mandatory reliability standards and national/industry workforce trends. At the same time, it describes the ISO focus on organizational effectiveness to achieve key objectives.

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