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News
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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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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
TXU to Shutdown 585 MW of Peaking Generation
LCG, January 5, 2005--TXU announced that it will stop operating nine, 65-MW, gas-fired combustion turbines installed at two TXU generating stations in Texas. The turbines are under long-term lease agreements, and TXU will explore opportunities to sublease the turbines to a third party and/or mothball the turbines. TXU expects to complete its analysis of these opportunities during the first quarter of 2005.Five of the turbines are located at the Permian Basin Steam Electric Station in Ward County, Texas, and the other four are located at the DeCordova Steam Electric Station in Hood County, Texas.By terminating the operations of the turbines, TXU expects to report a non-cash charge of approximately $156 million ($102 million after-tax) in the fourth quarter of 2004. Beginning in 2005, annual lease expenses for the turbines should drop by approximately $17 million ($11 million after-tax) as a result of the charge. TXU expects to continue to make normal payments under the existing leases and does not anticipate incurring any additional material cash or non-cash charges as a result of the transactions related to the combustion turbines.Last November, TXU announced similar plans to mothball eight, gas-fired electric generating units with a combined capacity of 2,516 MW. These units are located at Valley, North Lake and Morgan Creek stations. TXU estimated the total annual savings for mothballing the eight units to be approximately $20 million.TXU also executed an agreement on December 30, 2004 to terminate an existing power purchase and tolling agreement with ExTex LaPorte Limited Partnership that would have expired in 2006. The agreement includes a payment of $172 million and is expected to add flexibility to TXU's wholesale market activities and to reduce its overall cost of energy sold by approximately $22 million in 2005 and 2006.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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