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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

California ISO Suggests Market Enforcement Strategies

LCG, July 23, 2002-The California Independent System Operator, a not-for-profit company responsible for reliability in California's electricity transmission, has been discussing means by which to enforce market rules.

ISO documents released on Friday included unannounced testing of generators in order to ensure availability and insistence upon publishing market information.

Surprise testing would apply to those generators who sign contracts for providing reserve energy. The ISO may rescind "capacity payments" if generators are found to be unavailable.

The ISO also has recommended publishing schedules in order that market manipulation will be more difficult to hide and the ISO's under and over-scheduling problems might be limited.

The ISO's recommendations await stakeholder comments and will be sent to the ISO board of governors on Thursday for discussion.

The ISO will release an enforcement plan on August 12 and hold a stakeholder meeting regarding the plan on August 15. Ultimately the ISO hopes to have its recommendations sent to and approved by the Federal Energy Regulatory Commission by November 25, at which point the ISO will begin employing the new measures.

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