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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

January Gas Shortage in New England Under Investigation

LCG, Jan. 27, 2004--A shortage of natural gas and simultaneous high power prices that occurred in New England in mid-January are the subject of an investigation by the Federal Energy Regulatory Commission's Office of Market Oversight and Investigations, division Director William Hederman, Jr. told Connecticut officials.

The investigation will try to establish whether the reason for the elevated power prices and tight power supplies was based in market fundamentals alone, or whether other factors contributed. The FERC investigation was prompted by a request by Connecticut Attorney General Richard Blumenthal. Blumenthal has been investigating the possibility that power generators chose to sell gas at high prices rather than use it to generate electricity.

The ISO New England, which manages the regional power grid, had warned on Jan. 15 that it was prepared to trigger rolling blackouts if a failure on a line or at a generator made it necessary. The warning was dropped the next day, when the number of available units rose. Blumenthal stated last week that the ISO could have created conditions that led to fewer generators being available. In a statement, the ISO asserted that it had done everything possible to ensure availability of power supplies, although rules that permit generators to sell gas if the plants are not needed for reliability are under review.
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