One of the first items the yet-to-be-seated board of the Regional Organization for Western Energy could decide on is whether to administer a resource adequacy program, as backers seek to have a proposal in place later in 2026.

Participants in CAISO’s Extended Day-Ahead Market likely would remain subject to the market’s daily resource sufficiency evaluation even if they joined a new resource adequacy program that’s being crafted.

The push to develop a resource adequacy program serving non-CAISO members of the ISO’s Extended Day-Ahead Market appears to be gathering momentum, with backers saying they aim to produce a draft design for the program in April.

In a potential hurdle to Blackstone Infrastructure's acquisition of TXNM Energy, state regulators have ordered Blackstone to provide legal justification of its purchase of 8 million shares of TXNM Stock without the regulators' consent.

FERC approved Blackstone Infrastructure’s proposed $11.5 billion acquisition of TXNM Energy, rejecting concerns the deal could lead to adverse impacts on competition and rates.

CAISO’s Western Energy Imbalance Market surpassed $8 billion in cumulative economic benefits since its 2014 launch after providing participants with $415.65 million in gross benefits in the fourth quarter of 2025, according to an ISO report.

With 16 binding participants and 58 GW worth of load committed, the Western Power Pool’s Western Resource Adequacy Program aims to build on the momentum in 2026 and prepare for more members.

Future participants in CAISO’s EDAM have already held extensive talks about developing an alternative to the Western Power Pool’s WRAP for non-CAISO EDAM members, NV Energy confirmed in a filing with Nevada utility regulators.

PacifiCorp joins other utilities leaving the Western Power Pool’s Western Resource Adequacy Program just before the deadline to commit to the program’s first binding phase.