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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

BPA Hopes to Avoid Rate Increase

LCG, Dec. 18, 2002--Faced with continued dry hydro conditions, the Bonneville Power Administration's management officials have said that rate increases may be necessary to prevent further deterioration in its financial reserves.

The agency says that while it had hoped to file for rate decreases, those plans are prevented by a shortfall of $1.2 billion forecast through 2006. The economy of the U.S. Northwest has already been adversely affected by rate increases, which increased what users pay by 53 percent in some cases. Adjustment of rates from their peak has left rates approximately 44 percent above their levels prior to the Western energy crisis of 2000-2001.

The level of BPA's cash reserves has dropped, as it spends more than expected to make up for the power not coming from government dams. Cash reserves now stand at $160 million, whereas the normal level would be about $900 million. $800 million worth of depletion has taken place in two years.

Although overall rates are roughly in line with rates around the country, about $30 per megawatt-hour, industries including chemicals, pulp and paper may again have to budget more for power.
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