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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

PSEG Nuclear Receives License Extension from NRC for Salem Generating Station

LCG, July 1, 2011--The U.S. Nuclear Regulatory Commission (NRC) yesterday approved PSEG Nuclear's request to extend the operating licenses of Salem Generating Station Units 1 and 2 for an additional 20 years. The company anticipates that the NRC will announce a decision regarding the license renewal of its Hope Creek Generating Station within the next few weeks.

The initial 40-year, operating licenses for Unit 1 and 2 were scheduled to expire in 2016 and 2020. With the extensions, Unit 1 and 2 are licensed to operate through 2036 and 2040, respectively. PSEG Nuclear filed its request for the extensions in August 2009.

Salem Units 1 and 2 each have a net generating capacity of approximately 1,175 MW and are significant providers of base load, carbon-free electricity.

PSEG Nuclear's president and chief nuclear officer stated, "The license renewal of Salem is part of our ongoing commitment to provide safe, reliable energy to New Jersey and the region. Today's milestone is the direct result of our employees past and present who have played a key role in our success."

PSEG Nuclear is also continuing to pursue constructing another nuclear plant in Salem County. In May 2010, the company filed an application for an early site permit (ESP) and expects an NRC decision by the end of 2013.
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