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Energy Secretary Issues Emergency Orders to Ensure Indiana Coal-fired Facilities Remain Open to Prevent Midwest Blackouts

LCG, December 24, 2025--The U.S. Secretary of Energy today issued emergency orders to keep two Indiana coal plants operational, with the stated goal to ensure Americans in the Midwest region of the United States have access to affordable, reliable, and secure electricity heading into the winter months. The orders direct CenterPoint Energy, the Northern Indiana Public Service Company (NIPSCO), and the Midcontinent Independent System Operator, Inc. (MISO) to take all measures necessary to ensure specified generation units at both the F.B. Culley and R.M. Schahfer generating stations in Indiana are available to operate.

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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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Industry News

Meeting Today Between FERC and CAISO

LCG, Dec. 9, 2002--After agreeing to allow California's Independent System Operator to implement a day-ahead market over a year later than a previous deadline, the Federal Energy Regulatory Commission will meet with the state grid operator in Washington today to discuss market changes.

The FERC had told California officials that a day-ahead market was to be in place by Jan. 31, 2003, but has now ordered that monthly progress reports be submitted on the state's market design, with changes to be fully in place by June 2004. A day-ahead market must be operational by February 2004, the agency has said.

"We are going to tell FERC that this is the timing that allows us to move forward and put in place the best practices. We don't just want to get it done, but to get it done right, " said Gregg Fishman, the ISO spokesman. One concern that the FERC stressed in its order was the need for California to take into account and work with market authorities in the Pacific Northwest and Southwest.

Changes that are foreseen include locational pricing rather than a single statewide market-clearing price, in order to send clearer market signals to participants, and changes to the ISO's ability to impose penalties. Since Oct. 30th, a revised, higher price cap has been in place with no significant problems. In addition, a mechanism to identify and counteract bids thought to be manipulative is active.
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