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DTE Energy Invests in 1.5 GW of Michigan-made Battery Energy Storage Systems for Eight Projects

LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.

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Microsoft and Avangrid Sign PPA for Bluebird Solar Project in Washington State

LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.

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Industry News

Texas Commission Changes Requirements for Power Rate Increase

LCF, March 6, 2003The Texas Public Utilities Commission (TPUC) has changed the way in which retail power rates may be allowed to increase due to natural gas prices.

Texas deregulation permits utilities to increase the fuel cost benchmark rate as many as two times a year, provided gas prices increase by 4% or more in a ten-day period.

The TPUC changed its stance yesterday, requiring a 5% increase in gas prices over 20 days instead.

The benchmark rate, or price-to-beat, is that which customers can use to determine the fair price when comparing power rates charged by energy retailers and established utilities.

The commission said that the changes were made to alleviate the possibility of disruptive, short-term spikes in rates due to natural gas.

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