The California Independent System Operator (CAISO) board has set a $7.3 billion plan in motion to advance the state’s energy transition and prepare the grid. 

The plan, developed in coordination with the California Public Utilities Commission (CPUC) and California Energy Commission, expects 45 transmission projects would be needed. Reliability projects could amount to $1.76 billion, while the price tag on policy-driven projects could reach $5.5 billion, said CAISO CEO Elliot Mainzer. 

The proposed projects are set to be completed over the next decade. They would support more than 40 GW of resource development required by the CPUC to replace retiring natural gas and nonrenewable generation. 

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