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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

LADWP Board Approves Wind Agreement with PPM

LCG, June 8, 2006--The Los Angeles Department of Water and Power (LADWP) Board of Water and Power Commissioners Tuesday approved a long-term agreement with PPM Energy, Inc. (PPM) to purchase 82 MW of wind power annually over the next 16 years.

The energy will be generated at the Pleasant Valley Wind Energy Center, located in Uinta County, Wyoming. LADWP has agreed to pay a fixed amount of $63/megawatt-hour for the term of the agreement, and LADWP estimates that the energy delivered will cost between $236 million and $280 million over the term of the agreement. Power deliveries are to commence July 1, pending approval by the City Council.

The City of Los Angeles has a goal of achieving 20 percent renewables by 2010, and the new agreement will increase the City's renewable energy supply portfolio to about 6.5 percent renewable energy. Two additional renewable wind energy agreements with PPM are expected to be presented for Board and City Council approval in the near future, according to LADWP. These two projects will increase the City?s renewable energy portfolio by another 1.2 percent.

Last November, the LADWP Board approved a deal to acquire the Pine Tree Wind Project located in Kern County, California. The Pine Tree Wind Project, with an electric generating capacity of 120 MW, will be the largest wind farm owned by a municipality in the country. The project will consist of 80, 1.5-MW wind turbines to be provided by GE Energy. The Pine Tree Wind Project will be located about 12 miles north of Mojave, California. The current project schedule is to commence operations in late 2007.



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