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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

AEP Unit Planning to Sell Generation Assets

LCG, December 17, 2002-American Electric Power (AEP) unit Central Power and Light (CPL) has filed to sell all of its energy generation assets in order to retain stranded costs.

The company has filed with the Texas Public Utilities Commission, stating its plans to sell off all of $1.9 billion in electricity generating assets in preparation for stranded cost recovery. The company says that the sale will help in determining exactly how much its assets are overvalued in its books as compared to market price. CPL intends to seek stranded cost recovery in 2004.

CPL's assets include 4,241 megawatts of capacity, and shares of AEP have already risen a small amount due to the announcement.

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