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February 21, 2026

RTO Insider

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FERC Issues Guidance to Comply with Trump Order on Criminal Referrals

FERC issued a notice saying it would coordinate with the attorney general on what crimes it would refer to the Department of Justice for criminal prosecution.

Eversource Energy
New England Transmission Owners Add $95M to Asset Condition List

Asset condition costs in New England have grown by $95 million since March, according to an update to the asset condition project list presented by the region’s transmission owners.

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MISO IMM Contends he Should Have Role in Tx Planning Oversight

The MISO Independent Market Monitor insisted to FERC that MISO’s own rules allow him to assess transmission. Market monitors of other grid operators backed him up.

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PJM Proposes Changes to Large Load Forecasting

PJM presented changes to its submission and review processes for large load adjustments that are intended to provide stakeholders with more transparency before they are included in future load forecasts, as well as a draft proposal to standardize how it determines what share of LLAs will be included in its forecasts.

Shutterstock
Senate Finance Committee Looks to Eliminate Energy Tax Credits in 2028

The Senate Finance Committee released its proposal for the reconciliation bill, which cuts clean energy tax credits off entirely starting Jan. 1, 2028, but includes some changes from the version of the legislation that passed the House in May.

Climate Central
NV Energy Seeks OK for $500M Wildfire Self-insurance Policy

With the risk of catastrophic wildfire growing in Nevada and across the West, NV Energy is seeking approval for a $500 million wildfire liability self-insurance policy.

IESO
IESO Seeks to Shore up Capacity Market

The IESO Technical Panel approved posting for comment several revisions to the ISO’s capacity market rules and manual intended to reduce the occurrence of unfulfilled commitments.

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PJM Stakeholders Propose Cost Allocation Models for DOE Emergency Orders
The Members Committee is set to vote on several proposals drafted by PJM and stakeholders to determine how to allocate costs associated with generators required to remain online through DOE’s emergency orders under FPA Section 202(c).
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New Pipelines Unlikely for New England, Experts Say

Despite interest from the Trump administration, new gas pipelines into New England remain unlikely due to a lack of counterparties willing to pay for the new lines, energy industry experts said.

Texas RE
Texas RE Adds AI as Risk to ERCOT Region’s Reliability
The Texas Reliability Entity has added key risks related to artificial intelligence and large loads as part of its annual reliability and regional risk assessment of the ERCOT grid.

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