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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

Maryland Liquefied Natural Gas Terminal Reopening

LCG, February 13, 2003--Cove Point, a liquefied natural gas facility owned by Dominion Resources, will be reopened as part of a larger U.S. effort to meet increasing natural gas demand.

The plant was closed in the early 80's because it was not cost effective and demand was low.

However, that situation has reversed itself for a number of reasons. Gas field production from older sources is lower, gas imported from Canada declined last year by 4 percent, more U.S. natural gas is exported to Mexico, and many new natural gas-fired power plants have been constructed in the United States.

Cove Point has just 1 bcfd of gas capacity, equivalent to supplying 3.4 million homes/day but some involved believe it will have a larger effect on the natural gas market than its capacity implies.

Dominion expects to see 100 LNG ships dock at Cove Point in 2004, and is spending $187 million in restarting the plant. Dominion bought the plant from Williams Cos. in 2002.

Cove Point is slated to reopen in April or May this year.

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