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February 16, 2026

California Independent System Operator (CAISO)

CAISO
WEIM Governing Body Officially Changes Name
The WEIM Governing Body voted to change its name to the “Western Energy Markets” Governing Body to better reflect its full scope of responsibility since it began overseeing CAISO’s EDAM.
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CPUC Works to Revamp Tx Permitting Rules
California regulators are overhauling rules regarding the permitting of transmission projects, and one proposal suggests creating a shortcut for projects already approved in a CAISO transmission plan.
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Pathways Participants See ‘Pivotal’ Chance to Build New Kind of RTO
The West faces a “pivotal” opportunity to develop a fresh approach to managing its electricity markets, one that could update RTO governance to better accommodate the public policy.
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FERC Must Apply Mobile-Sierra to Western Soft Cap Refunds, Court Finds
The D.C. Circuit directed FERC to review a series of 2022 orders requiring wholesale electricity sellers in the West to refund a portion of the high prices they earned during an August 2020 heat wave.
Cal Fire
Wildfire Prompts CAISO’s 1st Transmission Emergency of Summer
CAISO declared its first transmission emergency of the summer as a fast-spreading Northern California fire forced PG&E to de-energize transmission lines near one of the state’s key hydroelectric facilities.
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Portland General Electric Formalizes EDAM Commitment
Portland General Electric became the second entity in the Western U.S. after PacifiCorp to sign an implementation agreement for the Extended Day-Ahead Market.
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Busy Summer Ahead for Pathways Initiative
Participants in the West-Wide Governance Pathways Initiative face a busy meeting schedule this summer as the group’s leaders look to advance on parallel fronts to develop a Western “regional organization.”
Saavi Energía
FERC Rules for CAISO on Capacity Deliverability Rights Complaint
FERC denied a complaint by energy conglomerate Saavi alleging CAISO unlawfully terminated the full capacity deliverability rights for its gas-fired generating unit in Mexico that previously was interconnected with the ISO’s grid.
Southern California Edison
FERC Grants SoCal Edison Incentives for 2 Transmission Projects
FERC approved two transmission incentives requested by Southern California Edison that would offset potential costs associated with building the Del Amo-Mesa-Serrano and Lugo-Victor-Kramer projects. 
Western Power Trading Forum
Stakeholders Call on CAISO to Take Larger Role in Reliability Planning

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