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DTE Energy Invests in 1.5 GW of Michigan-made Battery Energy Storage Systems for Eight Projects

LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.

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Microsoft and Avangrid Sign PPA for Bluebird Solar Project in Washington State

LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.

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Industry News

Florida Power & Light Seeks Big Rate Boost

LCG, Aug. 25, 2000--Florida Power & Light Co. said this morning it would ask regulators for permission to increase electricity rates to offset the effect of higher prices for oil and natural gas it uses to fuel its power plants.

The company said it had filed preliminary papers with the Florida Public Service Commission demonstrating that power plant fuel would cost it $518 million more in 2000 than originally estimated. Next month, the company will ask the commission for a rate increase to compensate for the increased cost of generation.

If the full amount is granted, residential electric rates could increase by as much as 13 percent, the company said. It added that is would ask the regulators to spread the cost recovery over two years in order to reduce the impact on consumers to about 9 percent.

FPL said the increase, if allowed, will be somewhat mitigated by a refund to customers of between $75 million and $100 million.

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