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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

Phillips, El Paso Plan LNG Deliveries to West Coast

LCG, March 8, 2001--Phillips Petroleum Co. said this morning it has signed a letter of intent with El Paso Corp. which contemplates development of a major liquefied natural gas project that would deliver approximately 4.8 million tons per year of LNG to growing gas markets in Southern California and Mexico's Baja California peninsula.

The agreement will accelerate Phillips' efforts to bring Timor Sea gas to market ahead of schedule, the company said.

Subsidiaries of the two companies have signed a letter of intent for the long-term purchase by El Paso of LNG from a plant to be built by Phillips near Darwin, Australia. A definitive agreement, expected to be signed by summer, provides for LNG sales to El Paso beginning in 2005.

The LNG would be shipped to North America, where it would be re-gasified and sold as about 680 million cubic feet per day of natural gas. Phillips said the plan will foster electric power, commercial and industrial development in Mexico's Baja California peninsula and provide a new source of natural gas supplies in growing Southern California markets. El Paso would be responsible for marketing the natural gas.

The two companies are also in the early stages of deciding where to put a new LNG receiving terminal on the California or Mexico coasts. They said they are working with the governments of both to explore permitting for such a facility.

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