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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

Russian Aluminum Company Invests in 3,000 MW Plant

LCG, July 22, 2002-OAO Russian Aluminum, also called Rusal, and Russian state electricity company RAO Unified Energy System (UES) will work together to build a Siberian hydroelectric plant.

The Boguchanskaya hydroelectric plant will be built in Krasnoyarsk with a $10 million investment from the aluminum company, although Rusal's possible holdings in the project have not been disclosed. UES holds 80 percent of Boguchanskaya.

Aluminum smelting requires a lot of electricity, and energy-related costs are 30 percent of total production cost.

UES and its subsidiaries have been signing agreements with other industry giants, including oil companies OAO Yukos and OAO Sibneft.
UES assets are being separated into generation, transmission, and distribution bodies as part of large-scale electricity market reform in Russia.

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