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Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

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DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

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Industry News

Prices for Low-Sulfur Coal Hit Record Highs

LCG, March 6, 2001--The price of Powder River Basin coal has more than doubled since the start of the new year, Energy Argus Inc. said yesterday. The company said its Coal Daily publication shows the surge in its weekly price index.

Users are now paying $10.50 per ton for Powder River Basin coal, an increase of $5.95 per ton from the beginning of the year when consumers paid only $4.55 per ton. In comparison, the price of that coal in 2000 never moved above $4.65 per ton and stayed in a narrow 55 cents price range the entire year, Coal Daily reported.

Despite record production in 2000 and predicted increases in 2001, Energy Argus believes it is unlikely that more coal will become available this year for spot purchases. Utilities are increasingly looking to the Powder River Basin as a source of coal as they try to meet state and federal clean air requirements. A proposed bill in the U.S. Senate will put even more emphasis on clean burning low-sulfur coal, Energy Argus noted.

The Powder River Basin stretches from northern Wyoming into southern Montana.

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