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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

Nuke Corrosion Costs Burden Ohio Plant

LCG, March 26, 2002-Investigations regarding regarding reactor corrosion may keep nuclear plants shut down.

Boric Acid in an Ohio nuclear plant corroded the cap of the reactor, forming a significant hole.

The Nuclear Regulatory Commission (NRC) ordered that 69 pressurized water reactors be inspected after the hole was found in the 25-year-old David-Besse plant. Special attention will be given to the six reactors sharing the same Babcock and Wilcox construction as the David-Besse reactor.

The damaged reactor will take three months to two years to repair, depending on whether or not a new reactor head will need to be constructed. In the meantime the plant will be forced to pay ten to fifteen million dollars monthly to buy power in order to sustain its 7 percent of company FirstEnergy's total energy. Repairs will cost at least $10 million and replacing the head would cost $20 million.

Midwest wholesale power prices for deliveries next summer increased by twelve percent last week, possibly caused by energy traders who fear limited energy supply.

Corrosion has been found in reactor nozzles of other plants, but none of the damage is nearly as serious as that at the David-Besse reactor. Plants and generators anxiously wait for inspectors from NRC to approve their reactors.

Officials say corrosion of this type poses no public risk.

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