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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

Ontario Proposes New Market Structure

LCG, Apr. 16, 2004--The energy minister of Ontario, Dwight Duncan, Thurday announced that the province will look for proposals by power producers, while consumers will begin to pay rates that are a combination of production costs and market-based prices, and businesses will continue to be able to purchase power in the market on their own.

In addition, Duncan said that a new power authority will be set up, the purpose of which will be to ensure that power supplies in the province will be adequate. The Ontario Power Authority would be able to sign long-term contracts.

TransAlta is reported to be interested in bidding for a contract, based on capacity from a new unit operating in Sarnia since last year. More time will likely be needed by the government to gauge whether investors in generation feel comfortable enough with the conditions governing the market in order to make new investments. The primary concern of developers and companies such as Ontario Power Generation was that regulated rates have not reflected the cost of production.
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