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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

Power Suppliers Allege Entergy Exerted Market Power

LCG, Jan. 28, 2002--A filing by twelve power generators with the Federal Energy Regulatory Commission charges that imbalances from under-deliveries by Entergy reflect "unjust, unreasonable and unduly discriminatory rates."

The complaint, submitted on Jan. 10, is based in part on a November 2001 ruling by the FERC that Entergy was capable of exercising market power. FERC's order said that the rates charged by Entergy were to be cost-based rates when no long-term contract applied, with an exception for areas controlled by a regional transmission organization.

The firms, which include Mirant Corp., Reliant Energy Inc., Williams Cos., and Exelon Corp., cited Entergy's stated incremental costs, $100 per megawatt-hour in excess of the market clearing price in the market that showed imbalances, or hourly gaps between scheduled and actual usage.

A statement by the generators said, "Entergy retains the ability to charge customers excessive rates, it retains the ability to deny customers comparable service, and it continues to violate the commission's standards of conduct." Entergy, based in Louisiana, serves customers in Arkansas, Louisiana, and Mississippi.
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