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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

Regulators Give Some Peco Customers to Marketer

LCG, Nov. 30, 2000--The Pennsylvania Public Utility Commission said in a statement yesterday that about 299,000 residential customers of Peco Energy Co. will receive "discounted electricity" from the New Power Co. under a PUC-approved plan.

Kevin Cadden, communications manager for the commission, said customers would be randomlyselected from those who have not shopped for an alternative supplier under the state's electriccompetition program.

Customers choosing to participate in the program will receive power from New Power beginning inJanuary and continuing through January 2004. New Power is a joint effort by Enron, America Online andIBM. Peco will continue to provide transmission and distribution service.

"Peco will select customers who have not actively participated in our program," Cadden said."However, customers have the right to opt out of this program and to return to Peco at any time without a penalty."

The commission said the action is intended to create more competition in the Philadelphia area by allowing a competitor to provide default service to Peco customers. Customers who do not shop under the state's electric competition law automatically continue to receive electricity from their local electriccompany.

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