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February 21, 2026

Midcontinent Independent System Operator (MISO)

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Xcel Energy, AEP Plan to Invest $132B Through 2030
Xcel Energy and AEP both said during their quarterly earnings calls that they have increased their capital investment spend to meet increasing demand from large loads.
Consumers Energy
J.H. Campbell Tab Rises to $80M on DOE’s Stay Open Orders
The J.H. Campbell coal plant in Michigan has racked up $80 million in net costs since late May to stay online per emergency orders from the Department of Energy.
MISO
MISO Predicts 103-GW Peak for Winter
MISO said even a 109-GW peak this winter shouldn’t prove problematic, though a more probable scenario would deliver a 103-GW peak in January.
MISO
MISO Requests Nearly $450M Budget for 2026

MISO said its 2026 budget requires an increase of more than 11% over 2025’s.

Resources for the Future
Load Growth Requires Holistic Interconnection Reform, Experts Say
Holistic reform to interconnection barriers is essential to meeting rapidly growing power demand across the country, experts said at a recent webinar.
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MISO Advisory Committee Switches Leadership After Freeman Exit
MISO’s Advisory Committee will continue to be led by its vice chair through the end of 2025 after the departure of Sarah Freeman from Indiana’s regulatory agency.
MISO
September Energy Prices Up in MISO
Year-over-year prices rose in MISO to serve a typical September peak.
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MISO Rationalizes Load Forecasting Pilot Program
MISO leadership shed more light on the RTO’s need for a pilot program to estimate load growth on a 20-year horizon after stakeholders asked for details.
MISO and SPP
30+ Projects Under Consideration in MISO-SPP Joint Tx Effort
MISO and SPP said they will study more than 30 project suggestions — some estimated to cost more than $1 billion apiece — in a four-state area in their pursuit of major, regionally cost-shared transmission projects.
FERC
Panelists Say More Work Needed on Large Load Risks
Panelists at FERC's Reliability Task Force praised the efforts of NERC's Large Loads Task Force while highlighting the work still needed.

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