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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

FERC Staff Supports Tougher Natural Gas Index Rules

LCG, January 16, 2003-Federal Energy Regulatory Commission staff have suggested standards for natural gas indices in order to avoid false reporting.

Last year several companies were found to have submitted false natural gas prices to industry periodicals, yielding an inaccurate view of the natural gas market of the time. El Paso Corporation, American Electric Power, Dynegy Inc., CMS Energy Corp., and Williams Cos Inc. have stated that employees gave bogus data to newsletters.

FERC staff members have asserted that minimum reporting standards should apply to natural gas indices. They suggested that indices be subject to third-party review and should include real trading information, not solely aggregate figures.

Dynegy and Xcel Energy have already settled by paying $5 million for their part in manipulating the market with false price reporting. Although publications have procedures to eliminate erroneous or false information, it is not clear what false price information may have been incorporated into indexes.

The Commodities Futures Trading Commission has also subpoenaed Duke Energy, Portland General Electric , and Avista Corp.

FERC commissioners will hold a conference with the Department of Energy's Information Administration regarding natural gas pricing but have not stated whether or not standards will be adopted.

Meanwhile natural gas prices have increased significantly of late, some say due to cold weather and limited supply.

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