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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

Minnesota Nuclear Plant Relicensing in Doubt

LCG, Mar. 12, 2003--The Prairie Island nuclear plant owned by utility Xcel Energy Inc. may have a chance to continue operating beyond 2007 if a bill now circulating in the Minnesota legislature allows storage of nuclear waste at the plant site to be increased.

The bill is not seen as having strong support at present, but would be essential if the Prairie Island plant is to avoid being decommissioned. On-site storage limits are a condition of receving a license, and present increases in storage needs would lead to the limit being reached in 2007, according to XCel. Xcel had planned to replace a steam turbine at Unit 1 in 2004, but will not proceed without assurances that the 1,100-megawatt plant has a future.

Were Prairie Island to be forced to shut down, Xcel has talked to two power suppliers about alternative means of obtaining energy. Thus far, it has revealed it could sign a contract with Calpine for output from two plants of roughly 550 megawatts each, one gas-fired and the other coal-fired. The current uncertainty over storage adequacy increased following the denial of a license to a private company wishing to store waste on a Native American reservation in Utah.
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