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February 20, 2026

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Shutterstock
FERC Proposes to Eliminate Western ‘Soft’ Price Cap
FERC is moving to rescind the West-wide wholesale electricity price cap mechanism it instituted in 2002 in response to widespread price manipulation during the Western energy crisis of 2000/01.
Andre m, CC BY-SA 3.0, via Wikimedia Commons
Calif. Pathways Bill Delayed After Orgs Withdraw Support, While Newsom Signals Backing for Effort
The author behind the bill that would allow CAISO to relinquish market governance to an independent RO has delayed a hearing after several organizations withdrew support for the proposed legislation.
Shutterstock
NYISO: LBMPs Spiked in June from Heat Wave
The heat wave at the end of June caused the average locational-based marginal price for the month to increase dramatically, NYISO said.
Dominion Energy
Virginia SCC Orders Changes to Dominion Energy’s IRP Process
The Virginia SCC ordered changes to Dominion's IRP filings, requiring scenarios that meet state clean energy goals and have an increased level of storage, efficiency and demand-side management.
Fluence
CGA Says New MISO Info Guide on Queue Fast Lane Shows Plan is Unfair
Clean Grid Alliance claims new information MISO has released on its interconnection queue fast lane definitively shows the plan would be detrimental to independent power producers and should be rejected by FERC.
NYISO
NYISO Management Committee Liaison Brief: July 15, 2025
Short- and long-term load forecasting was discussed in a "strategic discussion" during board meetings.
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FERC Opens Door for PJM to Refile RTEP Protocol Proposal
FERC opened the door for PJM to resubmit a previously rejected proposal to shift its Regional Transmission Expansion Plan protocol from its operating agreement to its tariff, while dismissing a rehearing request for a connected proposal by the RTO’s transmission owners.
Sen. Dave McCormick
$92B in Power, Data Center Infrastructure Planned in Pa.
New technology and energy facilities are planned for Pennsylvania at a cost of more than $90 billion, including multiple power plants and data centers, possibly co-located.
IESO
IESO Capacity Market Rule Changes Advance

IESO’s Technical Panel approved measures to reduce unfulfilled capacity commitments and began discussion of proposed changes for how the ISO breaks ties in its annual auctions.

Jim Henderson, CC BY-SA-4.0, via Wikimedia Commons
FERC Accepts NYISO’s Firm Fuel Tariff Revisions
FERC approved NYISO’s tariff revisions that change the mechanism by which generators opt in to the “firm fuel” capacity accreditation resource class, enable modeling improvements related to natural gas constraints and update the bidding requirements for capacity suppliers.

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