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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

Russia Will Continue With Iranian Nuke Project

LCG, July 29, 2002-Russia will build nuclear reactors in Iran, despite Bush administration opposition.

Russian construction of a nuclear plant near Bushehr has been delayed for years, and the Bush administration had repeatedly requested that Russia back out of its agreement to build the Gulf coast plant.

However, Prime Minister Mikhail M. Kasyanov approved plans for Iranian nuclear development last week. Long-term plans include building as many as 6 reactors at the Bushehr site and one other site. These plans contradict earlier assertions that Russian participation would end with the Bushehr plant.

Russia has an $800 million contract to build one reactor at the Bushehr site, signed in 1995, and over 1,000 Russian engineers and technicians are involved with the project.

U.S. officials fear that nuclear technology will be turned to military applications, and the new plans may stress relations between the Russian and U.S. governments.

Russia also plans to be involved in oil and gas development in Iran, including the construction of gas pipelines.

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