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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

CMS Energy Drops Speculative Trading Business

LCG, June 27, 2002--The utility holding company CMS Energy Corp. is reducing the size of its energy marketing unit, eliminating 50 positions as well as all speculative energy trading.

Other parts of the marketing business unit will be sold, including an energy performance contractor, CMS Viron, and the company's stake in Centennial Pipeline LLP, which deals in refined petroleum products. Asset sales have allowed CMS to raise $2.4 billion, out of a planned $2.9 billion.

CMS' energy trading division provided $7 million of $96 million overall net operating income during the first quarter, according to the company.
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