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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

Rollcast Announces Financial Closing for Georgia Biomass Project

LCG, October 22, 2010--Rollcast Energy, Inc. ("Rollcast") yesterday announced the closing of non-recourse, project financing for Rollcast's first greenfield biomass power project, Piedmont Green Power, LLC. The electricity generated by the 53.5-MW power plant will be purchased by Georgia Power under a long-term power purchase agreement (PPA). The project site is approximately 70 miles southeast of Atlanta, Georgia.

Piedmont Green Power is scheduled to commence operations by the fourth quarter of 2012, and the Project's EPC contractor will be released to start construction immediately. Rollcast developed the project and will be manage the facility.

The power plant will consume approximately 500,000 tons of woody biomass per year, all of it sourced from the surrounding area.

The positive step forward for this biomass project is somewhat of a national anomaly, given the rules issued by the Environmental Protection Agency's (EPA) earlier this year that have stalled many biomass power projects. Contrary to past understandings that biomass project are carbon neutral, the EPA's Tailoring Rule regulates emissions from the combustion of biomass the same as emissions from the combustion of fossil fuel. With the EPA's new position, biomass power plants are not deemed carbon neutral, placing new risk on biomass power plants for carbon emissions. Moreover, the EPA's proposed Industrial Boiler MACT rule created additional problems for biomass power producers earlier this year by setting emission limits that will be difficult if not impossible to achieve. The EPA may issue changes more favorable to biomass to both rules in early 2011.
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