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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

California Assembly Passes 'Brokerage' Legislation

LCG, Jan. 17, 2001The lower house of the California legislature yesterday evening passed legislation that would allow a state agency to purchase electric power and resell it to the state's beleaguered electric utilities at cost.

Under the measure passed 60 to 5 in the Assembly, the state Department of Water Resources would be allowed to enter into long-term contracts to buy wholesale power for not more than 5.5 cents per kilowatt-hour.

The bill is fatally flawed in that power producers will not sell power to anyone, including the state, for 5.5 cents per kilowatt-hour. Because of extremely high natural gas prices, it is doubtful that power can be generated in California for that cost. The power producers have said they need between 7 cents and 8 cents per kilowatt-hour no matter who signs a long-term contract.

Stacey Jernigan, a bankruptcy lawyer who has been advising Assembly leaders, said she was hopeful that the length of the contracts and the high volumes of power would make it possible to get the lower rate the bill would require. "It just depends on who you contact," she said.

Depending on whom you contact may not have anything to do with it if natural gas prices do not drop abruptly and significantly. Yesterday in Southern California, some power plants were forced to switch to burning fuel oil because of high gas prices. The switch worsened another California power problem, that of insufficient generating resources, as the plants produce less power when using the alternate fuel.

The Assembly bill moves to the state Senate today where realism may be applied to the price limit. If passed and reconciled with the Assembly, it will then go to Gov. Gray Davis for his signature. His pen is ready.

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