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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

Xcel Announces Generation Expansion Plans for Minnesota

LCG, November 3, 2004--On Monday, Xcel Energy submitted to the Minnesota Public Utilities Commission its biennial Resource Plan that describes its forecast electric load growth and corresponding supply resources.

One key element of the supply plan is to extend the operating licenses of the base-load, Prairie Island and Monticello nuclear power plants, which provide about one fifth of the electricity consumed by Minnesota customers. The Monticello plant's license expires in 2010, and licenses for Prairie Island's two units expire in 2013 and 2014. The extensions would add 20 years to the operating life of each unit.

To supplement existing supplies, Xcel proposes to add 1,125 MW of generating capacity by 2015, with the most likely fuel being coal. To pursue new, base-load capacity Xcel proposes an alternative to competitive bidding because, as stated in the Resource Plan, that process is "not well suited to evaluate coal and large-scale" plants. In September, Xcel took a similar stance with the Colorado Public Utilities Commission when its regulated affiliate, Public Service of Colorado, submitted its Least-cost Resource Plan and requested a Certificate of Public Convenience and Necessity to build a 750 MW expansion of its coal-fired, Comanche Station with a waiver from the competitive bidding process.

Xcel also plans on adding up to 550 MW of "peaking" capacity by 2015. In addition, the Resource Plan includes increasing wind generating capacity from about 500 MW to almost 1,700 MW of wind power.

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