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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

FERC Will Not Hear California Settlement Complaints

LCG, Oct. 22, 2003--There is no basis for the Federal Energy Regulatory Commission's consideration of objections to the terms of settlements relating to alleged market manipulation in California in 2000-2001, the agency has said.

The conclusion was justified by commissioners' contention that the matters that had led to settlements were investigations, and that parties outside the investigations, such as California officials or representatives of energy purchasers, were not qualified to instigate a review process. The agency said that any opinions it had previously issued that had indicated otherwise were being rescinded.

William Massey, the single Democrat among the Commissioners, objected to the announcement, and said that evidence in the investigations had come from those who were not being allowed to raise objections.

The issue of what California has claimed are $9 billion worth of refunds is being treated in a separate proceeding. The refunds that should ultimately be paid based on FERC's analysis are still being determined. Final determination can only be made once computer models used in the analysis have been finished. The expected date for the calculations is in the spring.
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