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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

Midwest ISO and Southwest Power Pool File Tariff with FERC

LCG, November 5, 2002Midwest Independent System Operator and the Southwest Power Pool (SSP) plan to instate a combined tariff in order to do away with rate pancaking in electricity transactions between service territories.

Midwest ISO, a Federal Energy Regulatory Commission-approved Regional Transmission Operator, and SPP have decided to adopt the combined tariff in order that wholesale energy customers such as utilities will benefit and that the energy markets in the region will be stabilized.
Midwest ISO and SPP assert that the combined tariff will preserve the zonal rate structure, long-term firm SPP service agreements, and states' rates currently on file under the SPP tariff, in addition to eliminating rate pancaking on transactions between the two organizations customers.

The combined tariff currently awaits approval by the FERC.

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