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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

Russia Considers Electricity Reforms

LCG, April 29, 2002-The Russian Parliament will receive draft bills regarding widespread energy market reforms.

The plan, submitted today, is designed to appeal to foreign investorst. Generation and marketing units would be privatized, while provisions would be included that yield transmission to the government.

In addition to selling off state-controlled assets, the plan includes eliminating state control of electricity prices.

Former Prime Minister Anatoly Chubais, who now heads Russia's electricity monopoly Unified Energy Systems, developed the beginning stages of the plan.

Local governments and government-run factories that either cannot or do not pay for electricity have left Russian giant Unified Energy Systems fraught with debts.

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