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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

Maharashtra Annuls Enron's India Contract

LCG, May 25, 2001The Maharashtra State Electricity Board retaliated against Enron India yesterday by "annulling" its contract to purchase power from Enron's Dabhol Power Co. The move was in response to Enron's announcement last week of a preliminary termination notice.

"You can't quit," the MSEB said, "I quit first."

The MSEB denied that its decision last night was such a response, but was a "legal notice" provoked by Enron's failure to meet power delivery requirements called for in its contract. Enron said the charge was nonsense the power has been there, but Maharashtra doesn't want to pay for it.

Since the 740 megawatt first phase of the Dabhol project began commercial operations last year, Enron has had to fight tooth and nail for each month's payment for power delivered to the MSEB. With a 1,444 megawatt second phase set to begin producing power next month, the MSEB is attempting to force Enron to make a significant reduction in rates agreed to in 1994. Enron has said it will not re-negotiate the 1994 contract.

Last night, Enron said in a statement "MSEB has chosen an obscure and improper justification for attempting to rescind a contract that, in any event, was signed more than seven years ago."

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