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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

Pickering Nuclear Unit Reactivated in Ontario

LCG, September 28, 2005--For the first time since December 1997, Unit 1 at the Pickering A nuclear station in Ontario is generating electricity. The 515-MW nuclear reactor, located east of Toronto, is expected to be in full, commercial operation within a few weeks. The unit originally commenced generating power in 1971 and was placed in "voluntary lay-up" in 1997, along with the other three reactors at the station.

The Province of Ontario has been actively pursuing the development of new electricity supplies in order to shut down its coal fleet and reduce related emissions. In July 2004, Ontario Power Generation (OPG) received approval to proceed with a project to refurbish and restart Unit 1. That decision was driven in part by the estimate that it could begin producing power in just 15 months - more rapidly than other supply alternatives - to support the government's planned closure of roughly 7,600 MW of coal-fired generation.

When the project was approved, the estimated cost for the refurbishment project was C$825 million. The current estimated project costs are C$1,020 million. The first of four Pickering A reactors returned to service in September 2003, more than two years late and at a cost nearly three times that approved by the Board of Directors of OPG. In August of this year, OPG announced its decision not to proceed with refurbishing Pickering A's units 2 and 3.

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