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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

Oklahoma Deregulation Delay Dead for Year

LCG, March 13, 2001A measure that would have delayed the introduction of a competitive electricity market in Oklahoma from July 1, 2002 to no sooner that Jan. 1, 2004, is dead for this year, according to its author, Democrat state Rep. Larry Price.

Rice said yesterday he had returned his bill to the Oklahoma House Utility Regulation Committee after a 50-46 floor vote for an amendment that was attached to give the state Corporation Commission the authority to pass deregulation rules and orders without prior legislative consent.

"Fundamentally, I just couldn't accept that amendment," Rice said, pointing out that the issue was whether electric restructuring was the province of the legislature of the Corporation Commission.

The move to delay electric industry restructuring in Oklahoma was a response to the post-deregulation problems in California. As it is, restructuring will begin July 1, 2002, and with it an electric rate freeze will be lifted.

Rural, residential and small commercial customers have felt they will fare better if the legislature is in control of deregulation, which industrial and large commercial customers prefer to let the regulators handle it..

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