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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

Legislation Proposed to Remove California ISO as Grid Manager

LCG, January 22, 2003--In the midst of a legal dispute between the Federal Energy Regulatory Commission (FERC) and the California Independent System Operator (ISO) over the ISO board's makeup, a California senator who has led an investigation into market manipulation has introduced a bill that would return management of the state transmission grid to the major utilities.

Senator Joe Dunn, D-Santa Ana, said during a hearing of his special investigative committee that he believes the ISO should no longer exist. The ISO has been under attack since last summer, when the board refused to respond to an order from the FERC to replace its board members, which the FERC felt were not sufficiently independent. Gov. Gray Davis advocated that the board not respond to the order, having appointed the members at the beginning of 2001. FERC sued the state on Aug. 16, and the matter is currently before the U.S. District Court of the District of Columbia.

Sen. Dunn said his bill is "there as a vehicle depending on the outcome of that dispute." He is also planning to introduce a bill that would move the state towards "some sort of quasi-regulated electricity system," he told Dow Jones. Dunn has resisted confirming Michael Kahn, chairman of the ISO, and hopes to have Kahn make management changes Dunn feels are necessary before moving on the confirmation.
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