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News
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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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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
Day One at the PG&E Utility Bankruptcy Hearing
LCG, November 19, 2002Yesterday saw the first day of a hearing regarding the future of the Northern California utility Pacific Gas & Electric. PG&E, not to be confused with its parent company PG&E Corp., filed for bankruptcy last year during the California power crisis. The utility, which serves customers in the northern part of the state, could not manage to make enough return from retail electricity because of the high cost of wholesale power during the crisis. Other California utilities escaped bankruptcy proceedings, but all had hand power purchasing duties over to the state Department of Water Resources due to credit problems. Since first filing for bankruptcy last year, the utility has been facing off with the California Public Utilities Commission on how the utility should emerge from bankruptcy. Creditors to the utility had an opportunity to vote on two plans presented by the CPUC and the utility respectively. The vote was to be considered by U.S. Bankruptcy Court Judge Dennis Montali. Since the resulting vote was not unanimously in favor of the utilitys plan, a hearing began yesterday regarding PG&Es future.Yesterday, the CPUC began presenting its bankruptcy plan for PG&E to a packed courtroom. The commission wants to use $500 million in preferred stock, in addition to other securities, to repay creditors. The CPUC would also guarantee that the utility could keep its retail price high enough to produce consistent revenue. While the CPUC plan gets criticism for being vague, the PG&E plan requires the preemption of several state laws; PG&E hopes to win approval for the creation of four new companies, three of which would fall outside of the regulatory reach of the CPUC.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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