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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

Fire and Power Problems Shut Down Both Indian Point Reactors

LCG, April 29, 2003At New York states largest and possibly most controversial power plant, both nuclear reactors were shut down due to power failure and fire.

The Nuclear Regulatory Commission reported that the Entergy-owned Indian Point plants reactors tripped off line at 4:45 pm yesterday and 3:13 am today.

The 951-megawatt unit 2, which went off line yesterday, was probably shut down due to loss of output breakers, according to Entergy.

The 1,027-megawatt unit 3 was manually shut off early this morning when there was a fire in the high pressure turbine lasting 47 minutes.

Indian Point officials did not speculate as to the possible duration of the shutdown, but energy traders noted that four cooling pumps failed after the trip, and that unit 3 probably sustained a significant amount of damage from fire.

Indian Point spokesman Jim Steets said that unit 2 tripped off line because of an off-site loss of power. He said unit 3s troubles had yet to be determined but may have been related to combustion of oil in the turbine insulation, although he did not comment on how the oil would have been ignited.

Indian Point has come under a lot of criticism from New Yorkers in the last several years. Many residents want to shut down the plant, which is 24 miles away from New York City and is within 50 miles of 20 million people. According to the Nuclear Regulatory Commission, Units 2 and 3 have the worst safety ratings amongst all U.S. reactors. New Yorkers began calling for a no-fly zone over Indian Point after September 11, despite analysts reassurance that nuclear plants are safe from being hit by planes.

Plant officials have asserted that this shutdown poses no threat to the public. The shutdown is sure to inflate electricity prices in the region, however, as the generators supply a total of 1,978 megawatts of capacity.

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