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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

Bruce Power Stops Efforts to Develop Nuclear Power in Alberta

LCG, December 15, 2011--Bruce Power announced Monday that it will no longer pursue the development of a new nuclear power plant in Alberta. Bruce Power's President and Chief Executive Officer stated, "Throughout our existence at Bruce Power we've looked at a number of potential business development opportunities. We've decided the new nuclear option in Alberta is not something our company will be progressing further."

Bruce Power purchased the assets of Energy Alberta Corp., which applied in August 2007 to build two reactors with a combined net generating capacity of 2,100 MW near Peace River in Alberta. In March 2008, Bruce Power submitted an application to the Canadian Nuclear Safety Commission (CNSC) to prepare a site to construct as many as four nuclear reactors in northwestern Alberta. The estimated cost in 2008 was over $8 billion, and the electric generating capacity would be up to 4,000 MW.

Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers' Union and The Society of Energy Professionals. Bruce Power currently operates the Bruce A and Bruce B nuclear power stations, which include six active units and two, 750-MW units that are in the process of being refurbished and are located northwest of Toronto.

Bruce Power expects the two units being refurbished to commence commercial operation next year, with unit 2 starting in late first quarter 2012 and unit 1 during third quarter 2012.

Earlier this week, the Canadian Environment Minister announced that Canada will formally withdraw from the Kyoto Protocol on climate change.
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