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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

Hope Creek, Palo Verde 3 Complete Speedy Refuelings

LCG, Nov. 6, 2001--The 1,031 megawatt Hope Creek nuclear power plant operated by PSEG Nuclear near Wilmington, Del., was ramping up to full power following a 24-day refueling outage, the shortest in the plant's 15-year history, Public Service Enterprise Group said yesterday.

Also yesterday, Arizona Public Service Co.'s 1,270 megawatt Palo Verde Unit 3 reactor rejoined the grid following a 37-day refueling outage, which was one of the shortest ever for Unit 3, but no record.

Both companies stressed that high standards of safety were achieved during the outages. This reflects a change in the nuclear culture of U.S. utilities which has resulted in record-breaking performance from the nation's atomic power plants in the last two or three years.

Industry-wide, the capacity factor of nuclear generation has pushed above 90 percent, surpassing that for any other form of generation. In 1999, the cost of electricity produced in nuclear power plants was 1.83 cents per kilowatt-hour, the lowest of any form of generation.

Harry Keiser, chief nuclear officer of PSEG and president of PSEG Nuclear, was pleased with the short duration of the Hope Creek refueling outage, but said the "real indicator" of the company's nuclear operations "is our stellar safety performance." He said that performance should "reinforce to the local community that nuclear safety and the health and safety of the public remains our top priority."

The high capacity factor of the nuclear power industry is the result of carefully planned refueling outages, during which much of a plant's maintenance is accomplished, according to Gregg Overbeck, senior vice president of nuclear operations for APS, which operates Palo Verde. "Our steady, consistent operations between refueling outages depend on executing large amounts of quality work during very aggressive refueling schedules," he said.

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