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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

California PUC Postpones Rate Decision

LCG, Feb. 9, 2002--The California Public Utilities Commission will delay a decision on charges to be assessed to repay the Department of Water Resources for electricity purchases.

The DWR paid for electricity purchases in the state last year when suppliers would no longer sell to the state's utilities, which experienced wholesale power costs well in excess of what they could charge customers. The commissioner Carl Wood asked that additional time could be allowed to consider an alternative to the proposed plan to assess charges evenly within customer classes in all parts of the state.

This allocation of costs, known as the "postage stamp" method, criticized by San Diego Gas & Electric because the utility had lower rates than Pacific Gas and Electric and Southern California Edison, and required less in the way of state purchases as a result. The company and a group of its customers is advocating that the PUC vote in favor of charges based on the cost to DWR of supplying the different service territories.

The postage stamp method is favored by the Utility Consumer Action Network in San Diego and The Utility Reform Network, based in San Francisco. Mindy Spatt of TURN said, "these aren't typical utility cots because the power was purchased for the benefit of everyone in the entire state."

San Diego Gas & Electric spokesman Ed Van Heric hopes that the PUC's delay, which he called "a cause for optimism," will end with a ruling for cost-based allocation on Feb. 21.
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