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RWE and Indiana Michigan Power Company Sign Long-term PPA for 200 MW Wind Project

LCG, December 18, 2025--RWE and Indiana Michigan Power Company (I&M), an American Electric Power (AEP) company, today announced their partnering to provide new wind power generation capacity online to meet Indiana’s growing electricity demand. The companies signed a 15-year power purchase agreement (PPA) for the total output from RWE’s 200 MW Prairie Creek wind project in Blackford County, Indiana. I&M will purchase electricity from the wind project, which will further diversify its portfolio and be consistent with its all-of-the-above strategy to secure generation for its rapidly growing electricity demand.

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NRC Renews Operating Licenses for Constellation's Nuclear Reactors at Clinton and Dresden Facilities

LCG, December 16, 2025--The Nuclear Regulatory Commission (NRC) announced today that it has renewed the operating licenses of Constellation LLC’s Clinton Unit 1 in Clinton, Illinois, and Dresden Units 2 and 3, near Morris, Illinois, for an additional 20 years beyond the current expiration dates. The combined capacity of these three, Illinois-based nuclear units is 2,925 MW, and the operating license extension will enable the units to generate carbon-free power through about 2050.

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Industry News

Fudging the Numbers Made Cal Power Auction Look Good

LCG, Jan. 26, 2001When California Gov.Gray Davis announced that the average bid received by the state's Water Resources Department for electric power contracts was 6.9 cents per kilowatt-hour, he took the surprisingly low price as a sign that "we are on the right track."

It now turns out that 6.9 cents was not the average price, but what the governor's office calls a "weighted average." With only a little more candor, it might be termed a "lightened average." Yesterday, the governor's office said the $69 per megawatt-hour "average" didn't take into account power that would be delivered during periods when it was needed most.

Periods of peak demand represent a lot of the waking hours in California, and anywhere else. The 6.9 cent figure did not include power that would be delivered between noon and 8:00 p.m. in the summer and between 5:00 p.m. and 9:00 p.m. in the winter.

A spokesman in the governor's office insisted there was no attempt to mislead anyone. "We're not throwing out those other bids," he said, "it's just that they're not letting that stuff out."

They had better let that stuff back in. California is expected to be even shorter on power this coming summer than it was last year. So far this winter, there have been two feeble storms in the state, and the reservoirs behind 14,000 megawatts of hydroelectric capacity are pretty empty.

The "weighted average" may have allowed the governor's office to paint a rosy picture, but it was only rosy for a day.

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