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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

China Considers Moving Industries From Coal to Oil Dependence

LCG, August 6, 2002-China's government may instate a major policy to change its industries' main energy source from coal to oil.

China's populated cities have made efforts recently to shift away from burning coal. Beijing, the future site of the 2008 Olymics, exemplifies this new sentiment, as various coal-burning facilities have been moved out of the city or banned. Other cities have been exploring gas and oil options in efforts to reduce the amount of air pollution.

As a percentage of total energy sources, China uses much more coal than other industrialized nations. Worldwide, coal constitutes less than a quarter of all energy. Not long ago, 75 percent of China's energy came from coal, but coal's use has most recently dropped to 70 percent.

Although China's policymakers are interested in cleaner fuels, they are cautious about moving away from a source of energy that can be mined from within China's boundaries. Switching to oil would require hundreds of millions of tons of oil to be imported and tens of thousands of workers to be laid off.

The Energy Institute of China's State Development Planning Commission has developed the policy and submitted it to the central government for consideration.

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