California state lawmakers introduced a much-anticipated bill to implement “Step 2” of the West-Wide Governance Pathways Initiative, marking a significant step toward the creation of a new independent “regional organization” to oversee governance of CAISO’s markets.

FERC denied LS Power’s two petitions for recovery of costs in case the development of a 285-mile transmission line is abandoned, saying the developer failed to adequately show the project’s benefits.

Two energy companies have withdrawn projects from the Texas Energy Fund, citing equipment procurement constraints that will keep them from meeting a December 2025 deadline.

The deadline to submit bills for California’s 2025 session is looming, and backers of the West-Wide Governance Pathways Initiative expect legislation without unnecessary fluff that will change CAISO’s governance structure and allow a new regional organization to oversee Western energy markets.

ERCOT released its semiannual but delayed Capacity, Demand and Reserves report that provides potential future planning reserve margins five years into the future that some say are "scary."

Spiking capacity prices in PJM have PPL and Exelon pushing for a potential return to utility-owned generation in Pennsylvania, which three former PUC chairs warned would be harmful to consumers.

Tacoma Power has signed an agreement to join SPP’s Markets+, making the Washington utility the second Pacific Northwest entity to commit to participating in the market in the past month.

DTE Energy’s five-year capital expenditure plan now calls for $30 billion in investment, up $5 billion.

Dominion Energy CEO Bob Blue discussed continued growth in data center demand, offshore wind and the firm's Connecticut nuclear plant during the company's Q4 earnings call.