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February 17, 2026

California Independent System Operator (CAISO)

© RTO Insider LLC
SPP Woos Western Utilities with Markets+ Offering
SPP is continuing its delicate dance with Western utilities with a charm offensive that includes a first-hand look at the RTO’s sausage-making process.
Shutterstock
FERC Continues Ordering Refunds from 2020 Heat Event
FERC ordered two more sellers to issue refunds for excess prices earned in the August 2020 Western heat wave event.
CAISO
Transmission Bills Advance in California Legislature
The Senate and Assembly passed bills to speed transmission development and lower costs as lawmakers tried to help the state meet its renewable power goals.
© RTO Insider LLC
CAISO Tackles EDAM Design in Stakeholder Meeting
A two-day CAISO stakeholder meeting on the proposed day-ahead extension of the Western EIM focused on resource sufficiency and transmission.
BPA
BPA Weathers Early Disruptions in Western EIM
The Bonneville Power Administration experienced two major “price excursion” events in the Western EIM within two weeks of joining the market.
Principle Power
BOEM Issues Proposed Sale Notice for California Offshore Wind Areas
BOEM issued a proposed sale notice for five lease areas off the California coast, setting the stage for the first West Coast wind auction later this year.
Washington State Department of Transportation
Heat, Fire and Supply Chain Woes Threaten California Reliability
Extreme weather, wildfires and supply-chain problems could make CAISO’s grid vulnerable to shortfalls of up to 10 GW through 2025, experts said.
brewbooks, CC BY-SA 2.0, via Wikimedia Commons
FERC Approves CAISO Intertie Penalty Price Revisions
FERC approved tariff revisions to correct a defect in how CAISO sets penalty prices for the relaxation of intertie transmission constraints.
Shutterstock
FERC Orders More Refunds from 2020 Western Heat Wave
FERC continued to tell utilities to refund premiums they earned on top of extraordinarily high prices in August 2020 during a heat wave.
California Governor's Office
California Governor Proposes $5B ‘Reliability Reserve’
California Gov. Gavin Newsom proposed adding $5 billion to his FY 2022-23 budget plan to secure 5,000 MW for grid reliability this summer and in coming years.

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