California's electric grid operator recently approved a new transmission plan that includes $7.3 billion in projects over the next decade—a critical investment to meet growing demand on the grid due to the state's clean energy initiatives, it said.
The California Independent System Operator (CAISO) board of governors approved the 2022-23 Transmission Plan on May 18. It includes a total of 45 new power transmission projects to connect more than 40 GW of necessary new generation resources, with the majority of lines being built in California and some in Arizona.