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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

CA Senate Committee Votes to Up Fines For False Gas Price Reporting

LCG, April 10, 2003The Energy Committee of the California Senate voted to increase false gas price reporting penalties by ten times.

Senator Joseph Dunn of Santa Ana brought forth the bill, Senate Bill 137, which sets the maximum penalty for using false data to make natural gas price indices at $25,000, up from the previous fine of $2,500. The bill also allows state regulators more authority to oversee indices.

The bill passed the committee vote 7 to 2 and now will face a second vote with the California Senate Judiciary Committee.

Several companies have reported that their employees had provided trumped up gas prices to industry periodicals last year, leading to unrealistic gas price indices. Dunns bill aims to give the California Public Utilities Commission greater ability to prevent inaccurate indices and allows the commission to set its own prices if no reliable prices are found.

According to the bill, purchase and sale reports comprising a published index will be time-stamped to the minute and will be required to include price, volume, delivery point, duration, date and time of transaction, and counterparty.

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