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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

Enron Takes India to Arbitration over Electric Bill

LCG, April 5, 2001Enron India, the subcontinent unit of U.S. Enron Corp., has issued a notice of arbitration to the Indian government to try to recover 1.02 billion rupees ($21.88 million U.S.) it says is owed by the Maharashtra State Electricity Board for electricity delivered during December.

Consistent with Indian practice, the Maharashtra State electricity Board fined Enron's Dabhol Power Co. 4 billion rupees and wants to deduct the amount it owes from the fine.

To gain payment for power sold to the MSEB in October and November, Enron first invoked a guarantee by the State of Maharashtra, which was ignored, and then the sovereign guarantee of the federal government of India. India then pressured Maharashtra into paying MSEB's bills.

This time around, the government of India has asked the MSEB and Enron to sort out the electric bill fine dispute first.

The Enron notice of arbitration means the issue heard in the Court of Arbitration in London. "This step was necessary in order to preserve our rights in the project, and to ensure that all parties honor their existing contractual obligations," the company said in a statement.

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