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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

UK Regulator Takes Measures to Avoid Blackouts

LCG, Nov. 22, 2002--Power prices have been dropping in the United Kingdom, leading power suppliers to shut down generating units, to the point where the Office of Gas and Electricity Markets (Ogfem) has assisted in negotiations between the largest power plant and the power transmission system.

The actions taken by Ogfem, covering a five-day period, come on the heels of TXU Europe's filing for bankruptcy this week. Losses by TXU Europe and a frail British Energy have led some to claim that despite appearances of a supply glut of 30% above highest anticipated demand, reliability of the country's power supply may be less than simple numbers would indicate. Ogfem has been saying that power prices are low because there are too many generators.

Wholesale power markets have been deregulated for the past year, but retail prices are not capped as they have been in California. One source quoted by Dow Jones Newswires thought that the measures taken by Ogfem were political. "No one, at this particular time, wanted to see the grid forcing (companies) to stop using electricity because supplies were low," the source said.

Peter Atherton, an analyst with Salomon Smith Barney, said "Yes, there may be less readily available supply than some people would think based on the figures, but the system is still flexible enough to handle any major outages even when reserves appear low."
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