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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

Draft Legislation Blocks RTO Requirement

LCG, Nov. 17, 2003--Among the many measures included in the draft energy bill released by Republican lawmakers this weekend is language that makes the formation of regional transmission organizations (RTOs) voluntary, rather than a requirement as the Federal Energy Regulatory Commission has intended.

The opposition to FERC's vision of energy markets would be welcomed by utilities in the Southeast, and is likely to disappoint merchant energy generators, who would not gain the degree of access to the transmission grid that would strengthen their competitive position. Some utilities in the Midwest that support RTO-based markets, such as Exelon Corp., may have to bargain more with other potential members of RTOs to implement more centralized grid management.

A spokeswoman for the Edison Electric Institute was quoted as saying the bill "could help resolve some pretty thorny issues and provide some market certainty." Besides lending no impetus to RTOs, the bill discusses "participant funding," which will limit requirements that utilities fund new transmission infrastructure for project that are not found to be in their customers' interest.
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