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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

Progress Energy Moves Ahead with Nuclear Reactors in North Carolina

LCG, February 20, 2008--Progress Energy Carolinas (Progress) yesterday announced that it will file later that day a combined construction and operating license (COL) application with the Nuclear Regulatory Commission (NRC) to construct two more nuclear reactors at the existing Harris Nuclear Plant site in North Carolina.

By obtaining the COL, Progress would have the option to construct the nuclear reactors that would provide baseload, power generation without emitting greenhouse gases. If Progress decides to construct the new facilities, the new plant would commence operations in 2018 at the earliest.

In January 2006 Progress announced it had selected Westinghouse to supply the reactors for the expansion at Harris Nuclear Plant in the Carolinas. Progress Florida announced in July 2006 that it had selected Westinghouse for proposed new reactors in Florida that would be constructed near its existing Crystal River Energy Complex. Progress Florida plans to file a needs case with the Florida Public Service Commission in early 2008. With timely regulatory approvals, Progress estimates that the new reactors in Florida could commence operations by 2016 to 2017.

The Westinghouse reactor is the AP1000, an 1,100 MW reactor design that incorporates passive safety features that rely upon natural forces. The NRC approved the Design Certification for the AP1000 standard nuclear plant design on December 30, 2005.

The AP1000 has been selected other companies, including: Southern Company, Duke, SCANA and Santee Cooper as the basis for additional COL applications to construct new nuclear reactors. Last December Duke submitted a COL application to the NRC for the William States Lee III Nuclear Station, which would be built at a greenfield site in South Carolina. Duke's COL application relies upon the COL application submitted October 31, 2007 to the NRC by the Tennessee Valley Authority (TVA) and NuStart Energy, a consortium of nuclear energy companies, to build two nuclear reactors at TVA's Bellefonte site in northern Alabama.
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