The Los Angeles Board of Water and Power Commissioners recently approved the Los Angeles Department of Water and Power’s participation in the California Independent System Operator Extended Day-Ahead Market, a voluntary, wholesale energy market designed to optimize the availability of energy on existing transmission line infrastructure in the Western United States, LADWP reported on Dec. 17.

The Bonneville Power Administration has identified that its traditional model for deploying transmission capital will not be sufficient to meet customer needs, it said on Dec. 12. BPA has determined a need to double its transmission capital execution by 2028.

The U.S. Department of Energy’s Loan Programs Office on Dec. 17 announced a conditional commitment for a loan guarantee of up to $15 billion to Pacific Gas & Electric Company, a combined natural gas and electric utility serving Northern and Central California.

The U.S. Department of Energy on Dec.16 released a list of three potential National Interest Electric Transmission Corridors moving to the next phase of the designation process.

The U.S. Department of Energy’s Office of Electricity released three Notices of Funding Opportunity totaling nearly $18.4 million for programs to support research and development of electricity grid technologies.

California Resources Corporation and its carbon management business, Carbon TerraVault announced the signing of a Memorandum of Understanding with Net Power Inc. to develop Net Power’s ultra-low emission power plants in California.