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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

Plans Proceed for New Nuclear Reactors at South Texas Project Electric Generating Station

LCG, August 8, 2006--GE Energy and the STP Nuclear Operating Company (STPNOC) announced yesterday that they executed project development agreement to study the deployment and commence licensing activities for two GE Advanced Boiling Water Reactors (ABWRs) to be sited at the South Texas Project Electric Generating Station (STP), located about 90 miles southwest of Houston.

STPNOC is acting as the agent for NRG Energy Inc., which owns 44 percent of STP and recently announced plans to develop the two new ABWR units, which would each have a generating capacity of about 1,500 MW. The new units would be installed adjacent to the existing STP nuclear generating station, which now consists of two pressurized water reactors, each with a capacity of 1,312 MW. The other owners of STPNOC are CPS Energy (40 percent) and Austin Energy (16 percent).

Representatives from STPNOC, NRG and GE met with the U.S. Nuclear Regulatory Commission (NRC) on July 27, 2006 to discuss plans to prepare a combined license (COL) application for the two-unit project.

The NRC issued final design certification for the GE ABWR in 1997, allowing it to be used in U.S. projects. The ABWR is a "Generation III" reactor design that is in operation today, with four operating units in Japan and two more approaching completion in Taiwan.

GE's next evolution of advanced BWR technology is the economic simplified boiling water reactor (ESBWR). The ESBR is a 1,500-MW design that incorporates passive safety features that rely upon natural forces, such as gravity, in order to reduce reliance on active, mechanical systems, like pumps and valves. GE submitted its Design Certification application to the NRC for the ESBWR in nearly a year ago. GE anticipates a full Safety Evaluation Report by late 2007, in time for COL submissions that would support the commercial operation of new ESBWRs by 2014 or 2015.
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