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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

EU Sets Energy Market Retail Deregulation Date

LCG, November 26, 2002-EU Ministers announced that residents will be able to choose electricity suppliers beginning July 2007.

The business energy market will be opened to competition in 2004, and EU leaders have finally agreed to open the market for homeowners in 2007.

France has been the major opponent of liberalization, initially putting off serious comment earlier this year because of elections. France is unwilling to compromise the position of its state energy company Electricite de France and opposed the original, 2005 deregulation date.

The European Union finally came to agreement on Monday after commissioners warned that delays in deregulation could cost as much as 15 billion euros.

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