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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

Greece-Europe Power Links Established

LCG, July 10, 2002--High-voltage power lines allowed the flow of electric power between Greece and Italy for the first time yesterday, as the two countries' prime ministers, Costas Simitis and Silvio Berlusconi respectively, participated in a high-profile ceremony.

The connection between each nation's power grid takes the form of a 163-kilometer (102-mile) underwater cable, under construction beginning in 1997. Greece lacks land borders with other European Union countries, but will likely see an economic benefit from the ability to import and export power as needed. Seventy-five percent of the cable's cost was borne by Italy, while the remaining twenty-five percent was funded by Greece.

Greece now imports natural gas from Russia, and has signed an agreement to receive gas from Iran through a new pipeline through Turkey. The country's leaders are also interested in establishing a pipeline to Italy.
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