EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Senators Propose National Renewable Electricity Standard

LCG, September 22, 2010--Senators Bingaman (New Mexico) and Brownback (Kansas) yesterday announced plans to reintroduce a bill to create a federal renewable electricity standard (RES). The legislation is alleged to increase our energy security, enhance the reliability of the electricity grid by creating more homegrown renewable energy, and reduce our greenhouse gas emissions.

The stand-alone, 43-page RES bill is almost identical to the RES included in the American Clean Energy Leadership Act, S. 1462, according to Senator Bingaman. The bill requires electricity suppliers to ratchet up the percent of renewable energy supplies (or energy efficiency improvements) from 3 percent in 2012 to 15 percent in 2021. The bill is designed not to affect state programs.

Like prior the proposal, the bill includes (i) an exemption for utilities selling less than 4 million megawatt hours per year of electricity and (ii) the option to pay alternative compliance payments to the Secretary at a rate of 2.1 cents per kWh.

Renewable energy sources include wind, solar, ocean, geothermal, landfill gas, incremental hydropower, hydrokinetic, and new hydropower at existing dams, an expanded waste-to-energy definition that includes municipal wastes, and biomass.

Although biomass is included as a renewable resource, the bill does nothing to address the carbon neutrality of biomass, which the Environmental Protection Agency (EPA) has called into question with its proposed Tailoring Rule that does not treat biomass as carbon neutral. Without carbon neutrality, biomass development will likely be limited, and it will not become the primary, non-hydro source of renewables, as forecast this year in the Energy Information Administration's Annual Energy Outlook.

Senator Bingaman states, "I think that the votes are present in the Senate to pass a renewable electricity standard. I think that they are present in the House. I think that we need to get on with figuring out what we can pass and move forward."
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service