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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

TVA Requests Issuance of License for Watts Bar Unit 2

LCG, August 20, 2015-The Tennessee Valley Authority (TVA) submitted documentation to the Nuclear Regulatory Commission (NRC) notifying them that construction of the Watts Bar Unit 2 nuclear reactor, located approximately 50 miles northeast of Chattanooga, Tennessee, is substantially complete.

TVA further provided a list of remaining key activities to complete prior to operations and requested that an operating license be issued for the unit. TVA's submittal of its "substantially complete" letter is a major construction and licensing milestone for the project.

The original construction on Watts Bar 2 started over 40 years ago in 1972. However, when load growth forecasts dropped in 1988, the unit was deferred. When Watts Bar 1 began commercial operations in May 1996, it became the last commercial nuclear unit in the United States to come on-line. Construction on Unit 2 resumed in 2007. The capacity of Unit 1 and Unit 2 are 1,100 MW and 1,150 MW, respectively.

TVA must show that construction is substantially complete, that the facility will operate according to the license, and that there is assurance the unit will have no adverse effect on public health and safety prior to the NRC issuing an operating license. The NRC staff is working towards supporting an operating license decision in 2015.
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