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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

CA PUC Allows 26 Percent Sierra Pacific Rate Increase

LCG, July 17, 2002-The California Public Utilities Commission has allowed Sierra Pacific Resources to increase rates to retail customers by 26 percent.

The rate increase is intended to pay for the cost of 2002 wholesale power, and Sierra Pacific was allowed an 18 percent increase to its Nevada customers in February.
Sierra Pacific Power, along with sister utility Nevada Power, has been trying to overcome financial problems brought on by high wholesale electricity prices.

Sierra Pacific serves 310,000 customers, 44,500 of whom live in California.

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