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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

Maryland Retail Electricity Price Caps to End in June

LCG, Apr. 7, 2004--Maryland's plan to open the retail electricity market to price competition will begin to affect the bills of some residents and businesses starting at the end of June, with utilities already having inked contracts for those who opt not to sign up with new suppliers, and which will provide competing suppliers a price to beat.

Significant retail increases are expected when price caps end, based on estimates by the Maryland Public Service Commission (PSC). Each of the four electric power utilities serving the state, including Baltimore Gas and Electric Co., is experiencing higher costs for natural gas. Businesses that purchase power from BG&E will likely pay 17% to 20% more, although residential customers of BG&E will still be protected by price caps until July, 2006.

Potomac Electric Power Co. commercial customers could find their bills going up by up to 35%, the PSC said. The hope of the PSC is that competitive bidding eventually will result in savings for customers, compared with what might have resulted with traditional regulated service, provided exclusively by utilities.
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