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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

Serbia Deepens Power Cuts, May Raise Prices

LCG, Dec. 26, 2000-- Serbian Energy Minister Srboljub Antic said yesterday that electric power rationing, under which about half of the country's electric customers have gone without power for at least four hours a day, would be tripled, affecting more people for longer periods.

Yesterday, the Serbian power company Elektroprivreda Srbije (EPS) extended the power cuts to about three quarters of its customers and stretched the periods of the outages to eight hours.

December 25 isn't Christmas in Serbia, which celebrates the Orthodox feast on January 7.

The austerity is in response to complaints from Serbia's neighbors, with whom it is interconnected in the transmission grid of the former Yugoslavia. Serbia has been using those connections to import unauthorized amounts of power from other Balkan countries, Antic said.

"As of today we must stop unauthorized borrowing of electricity from our neighbors to cover our needs and resolve our own problems," he told a news conference yesterday.

Serbian officials say the power shortage is the result of several factors, some natural some man-made. A summer drought and a winter that so far has provided little rainfall have lowered the water levels of the Danube and Sava Rivers, which has severely reduced hydroelectric production. In addition, the power infrastructure was neglected during the administration of ousted President Slobodan Milosevic, who diverted cash to military or personal use.

The power cutbacks could go even deeper than Antic predicts. EPS assistant general manager Dragan Batalo said things had got so bad that institutions such as hospitals might no longer be exempted from the cuts. "It can even happen that consumers remain without power for an unplanned and unlimited time," he said.

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