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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

Bear Head LNG Project Gains Momentum

LCG, August 24, 2005--CB&I announced yesterday that it was awarded a lump-sum contract valued at over $100 million for the design and construction of storage tanks for the planned liquefied natural gas (LNG) terminal to be located on a peninsula on Cape Breton Island, Nova Scotia, Canada. The facility will be owned and operated by Bear Head LNG Corporation, a subsidiary of Anadarko Petroleum Corporation.

The Bear Head LNG project is designed to receive LNG from tankers and to regasify 1 Bcf/day of natural gas, which will be transported to Northeast markets via the Maritimes & Northeast Pipeline (M&NP). This initial phase is scheduled to be operational in late 2008. A second phase of the project may be added that would increase the sendout capacity to 1.5 Bcf/day.

CB&I will be responsible for turnkey engineering, procurement and construction of two LNG storage tanks. Engineering and procurement activity for the project is already under way. The Environmental Assessment was approved in August of last year.

With natural gas prices generally at all time highs, LNG projects continue to gain momentum. Last month, the Federal Energy Regulatory Commission (FERC) approved the proposed Ingleside LNG terminal, with a design capacity of 1 Bcf/day. The project site is on the shore of Corpus Christi Bay, Texas, and is owned by Occidental Chemical Corp.

In June, the FERC approved the construction of the Vista del Sol LNG Terminal, which will also be located along the Gulf of Mexico near Corpus Christi, Texas. Proposed by affiliates of ExxonMobil, the design capacity is 1.1 Bcf/day. Furthermore, the Commission approved On June 30 the Weavers Cove LNG terminal, to be constructed in Fall River, Massachusetts, and the Golden Pass LNG Terminal and Golden Pass Pipeline, which are to be constructed in Texas and Louisiana.

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