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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

FERC Readjusts Standard Market Design

LCG, April 29, 2003The Federal Energy Regulatory Commission edited its plans to homogenize the countrys electricity transmission system.

FERC issued clarifications yesterday, giving more authority to local and state officials after southern states complained that the Federal government had no right to assume the level of control suggested.

The Standard Market Design comes as an attempt to streamline the electricity transmission process between regions under different authorities, eliminating rate inconsistencies and minimizing losses due to bottlenecks and other inefficiencies.

The commission has decided to allow phased-in implementation of its plans and waive implementation requirements if they are found to be so costly they do not pass a cost-benefit analysis in a specific region.

RTOs and Independent System Operators will also be the only transmission operators to appear in the revised market plan, as FERC has removed the concept of the independent transmission provider.

FERC plans to consider feedback from state authorities, utilities, and generator owners in order to compile reasonable timetables for the market plan, which divides the country into transmission areas operated by RTOs, or Regional Transmission Organizations.

FERC also noted that it will not insist upon jurisdiction regarding wholesale electricity transmission rates. The commission also yielded to pressure by giving state commissions the right to dole out firm transmission rights based upon current use instead of selling rights to the highest bidder.

The plan was initially released last year, and FERC expects to begin implementation within the year.

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