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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

Iran Announces Plans to Mine Nuclear Fuel and Continue with Power Projects

LCG, February 11, 2003-On Monday Iran announced the commencement of uranium mining near Ardakan.

Officials from Iran have said that ore processing facilities will be opened soon to process newly mined uranium.

Iran has been planning to use nuclear power for many years, and Southern Iran's Bushehr plant, postponed for several years, approaches completion with the assistance of Russia.

Russia has promised to reclaim spent fuel rods from the plant, but now Iran has announced its desire to "complete the fuel cycle," according to Iran's head of Atomic Energy Organization Gholamreza Aghazadeh.

The International Atomic Energy Agency (IAEA) has stated its knowledge of Iran's mines and noted that the mine near Ardakan was inspected in 1992. The head of the IAEA, Mohammed ElBaradei, along with others, will inspect new Iranian nuclear projects, located at Arak and Natanz, on February 22 and 23.

The Bush Administration contends that those sites are being used for weapons construcion.

Natural uranium occurs in several isotopes; each isotope contains a different number of neutrons. Isolating one isotope is a very difficult process, but once the desired isotope is separated, the process of constructing a uranium bomb is, compared to developing plutonium, uncomplicated.

Iran has asserted that all of its nuclear-related projects are open for inspections and follow international law.

In the past, U.S. agencies have stated Iran does not have sufficient uranium or plutonium to produce nuclear weapons.

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