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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

Gold Mines Attract New Generation in Nevada

LCG, July 27, 2004--Last week the Nevada Public Utilities Commission (Nevada PUC) approved a conditional permit for Barrick Goldstrike Mines, Inc. (Barrick) to build a 118 MW, natural gas-fired power plant in Storey County, Nevada to provide power for its Carlin Trend operations. The combined cycle plant, to be located about 10 miles east of Reno, is estimated to cost nearly $100 million and is scheduled to commence operations in September 2005.

The Nevada PUC previously approved Barrick's request to opt out of the regulated power system owned by Sierra Pacific Power Co. That action was based on a stipulated agreement with the PUC staff, Sierra Pacific Power and the Nevada Attorney General's Bureau of Consumer Protection.

Another Nevada gold mine operator, Newmont Mining Corp., is threatening to build its own power plant to supply its operations, which are currently supplied by Sierra Pacific Power. Newmont plans to build a 200 MW, coal-fired plant in Northern Nevada given board approval, an air permit from Nevada officials and authorization from the PUC.

The plant would be east of Battle Mountain and three miles north of Interstate 80 on Newmont's TS Ranch. Coal for the plant would come by rail from the Powder River Basin of Wyoming. The company plans to begin plant construction in early 2005 and complete it by the first half of 2007.

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