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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

South Korean Power Strike Continues

LCG, Mar. 28, 2002--According to Korea Electric Power Co. (KEPCO), South Korea's state-owned power company, approximately 35 percent of striking workers at numerous facilities, or 2,200 overall, have broken ranks with other unionized workers and returned to work.

The strike is in its 31st day, and government and management officials now say that only after the strike has been declared over by its leaders will they return to the negotiating table. The union has not accepted privatization, and was told last week that members would be fired Monday of this week if the strike were still in effect.
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