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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

Southeast Utilities Increase Commitments to Build Nuclear Reactors

LCG, April 9, 2008--Progress Energy and Southern Company have both announced that agreements have been made with Westinghouse Electric and The Shaw Group Inc. On Monday Progress Energy announced that it had executed a letter of intent with Westinghouse Electric and The Shaw Group Inc. to purchase long-lead materials for new nuclear reactors that are planned to be installed at a greenfield site in Levy County, Florida.

Progress Energy plans to install two, 1,100-MW AP1000 nuclear units, with the first operational in 2016, and the second in the following year. In March, Progress Energy Florida submitted a petition for Determination of Need to the Florida PSC that proposed to construct the two reactors.

On Tuesday, Southern Company announced that it has entered into an Engineering, Procurement and Construction contract (EPC) with a consortium consisting of Westinghouse Electric Company LLC and The Shaw Group Inc.'s Power Group for the engineering, procurement and construction of two AP1000 nuclear units and related facilities. The new units are planned to be installed at an existing nuclear station, Plant Vogtle, located near Augusta, Georgia.

Georgia Power, a Southern Company subsidiary, expects to submit the EPC to the Georgia Public Service Commission May 1, 2008 as a self-build option in connection with the Georgia Power's 2016-2017 capacity request for proposal. The new reactors are scheduled to commence operations in 2016 and 2017.
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