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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

Cal ISO Warns of Possible Power Shortages

LCG, Oct. 3, 2001--The California Independent System Operator warned yesterday of possible electricity shortages as 9,300 megawatts of generation could be off-line toward the end of October due to plant maintenance, emission reduction projects, "forced" or unplanned outages, and low water conditions.

If the repair work were to coincide with a high-demand day, operating reserves could fall below critical levels, Cal ISO said. The state has not seen rolling blackouts since May 8 and the ISO doesn't want to declare a Stage 3 emergency which would bring them on.

Cal ISO said it expects to have enough power available today and through the month of October to meet the forecast demand, as long as conservation continues, but stresses the importance of conservation as an important tool to help the it balance the grid and lower consumers bills.

The agency is urging Californians to continue using less power, and specifically to use less power during the peak hours between 2:00 and 7:00 p.m.

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