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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

Russia Refuses to Lower Energy Prices for WTO

LCG, October 31, 2002-Russia will not allow foreign generators to sell electricity at a price equal to domestically produced electricity, although the country is bidding to join the WTO.

Maxim Medvedkov, chief negotiator for Russia, has said to reporters that Russia need not alter its system of charging higher prices for export electricity in order to facilitate the country's entrance into the World Trade Organization.

Medvedkov is in the last state of negotiating Russia's membership in the WTO and has conceded that Russian energy should become privatized but stands firm on the issue of dual pricing, asserting that Russian per capita energy consumption is twice that of Canada.

Current WTO members disagree with Russia's dual pricing and say it gives Russian exportation of other goods an unfair competitive edge.

U.S. Trade Representative Robert Zoellick has projected that Russia may join the WTO as early as 2004 as long as economic reforms are instituted.

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