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February 18, 2026

California Independent System Operator (CAISO)

Tri-State Generation and Transmission
FERC Extends Deadline to Justify Exceeding Price Cap in West
Sellers of spot electricity deliveries that exceed the Western price cap will now have more time to submit the FERC filing required to justify higher prices.
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FERC Upholds CAISO Wheel-through Rules
FERC upheld its finding that CAISO’s temporary wheel-through restrictions do not violate open-access principles and approved a two-year extension of them.
U.S. Forest Service
FERC Rejects PG&E Bid to Raise Profits
FERC rebuffed a request by PG&E for a 13% return on equity based on its financial risks from wildfires and the state's aggressive decarbonization efforts.
Shutterstock
CAISO Approves $3B Transmission Plan
CAISO's board adopted a 10-year transmission plan that dwarfs recent efforts, with renewable energy and reliability concerns driving the increase.
Shutterstock
California Takes Steps to Decarbonize Gas
The state Energy Commission adopted a key report and opened a proceeding aimed at decarbonizing the natural gas sector, including with heat pumps and hydrogen.
WPP
Retiring WPP Head Foresees Increased Collaboration on Western RA
After leading the WPP for four years, outgoing President Frank Afranji shared his views on the Western Resource Adequacy Program with the WECC board.
U.S. Army Corps of Engineers
California Port to Start OSW Upgrades
The California Energy Commission approved a $10.5 million grant for renovations at the Port of Humboldt Bay to support offshore wind activities.
California Department of Water Resources
California Faces Third Straight Drought Year
The latest forecast from the state Department of Water Resources warns Californians to prepare for a third consecutive year of drought because of low snowpack.
CEC
California Governor Swaps Energy Officials
Gov. Gavin Newsom continued reconfiguring the state's energy leadership with changes at the California Energy Commission and in his office.
BOEM
Energy Bar Weighs OSW in Oregon, California
New wind areas off the Oregon coast could lead to regional transmission planning with California, panelists told the EBA's Western Chapter.

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