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February 12, 2026

California

CAISO
Reliability Projects Dominate CAISO’s $4.8B Draft Transmission Plan
CAISO's 2024/25 draft transmission plan recommends 31 new projects at an estimated cost of $4.8 billion, slanting heavily toward reliability needs.
Shutterstock
Newsom Issues Order to Speed Undergrounding of Lines in Los Angeles
California Gov. Gavin Newsom has suspended environmental laws to accelerate the undergrounding and hardening of utility equipment in communities ravaged by the Los Angeles wildfires.
Kenneth Wajda / Yes Energy
Pat Wood Talks Power Markets’ Past and Future at Yes Energy Conference
Former FERC and Texas PUC Chair Pat Wood talked about the early days of power markets and their future at Yes Energy's EMPOWER Conference.
© RTO Insider LLC 
Pathways ‘Step 2’ Bill Sets Conditions for EDAM Governance
The language for the proposed bill to implement “Step 2” of the West-Wide Governance Pathways Initiative stipulates the conditions under which CAISO and California utilities can participate in energy markets governed by an independent regional organization.
Josh Becker for California
Pathways ‘Step 2’ Bill Introduced in Calif. Legislature
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.
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FERC Denies LS Power’s Bid for SWIP-N Incentives
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.
NW Energy Coalition
Brevity Should be Key for Pathways ‘Step 2’ Bill, Supporters Say
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.
ITC Midwest
Incumbent Utilities Make Case for ROFR Laws in New Report
A band of incumbent utilities has collected case studies that they say demonstrate the need to instate or maintain the right of first refusal for the good of grid expansion.
Shutterstock
SCE Probes Link Between Equipment and Eaton Fire

Southern California Edison told the California Public Utilities Commission it is reviewing videos suggesting a link between its equipment and the devastating Eaton Fire.

The Brattle Group
Brattle Study Shows Big Benefits for California in ‘Expanded’ EDAM
California ratepayers would save millions more in a CAISO Extended Day-Ahead Market encompassing nearly all the West than in one that includes only those utilities likely to join the market, according to a new Brattle Group study.

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