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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
TVA Plans to Acquire Power Plant to Increase Its Combined-Cycle Gas Fleet
LCG, July 8, 2011--The Tennessee Valley Authority (TVA) announced yesterday that it has negotiated an agreement to buy, subject to TVA board of directors' approval, the 968-MW Magnolia Combined Cycle Gas Plant in northern Mississippi from Kelson Limited Partnership, a wholly owned subsidiary of Kelson Energy Inc.
The closing on the acquisition is also subject to approval of the Federal Energy Regulatory Commission (FERC), among other conditions. Terms of the deal were not disclosed; however, it was stated that the purchase price will be less than half the cost of new construction.
TVA has purchased power from the Magnolia Combined Cycle Gas Plant since it began operations in 2003. The plant, located near Ashland, Mississippi, is in the TVA service area and is connected to the TVA grid. Kelson acquired the plant in 2005.
TVA stated that Magnolia will be its third combined-cycle gas plant. The other two are the new Lagoon Creek plant and the Southaven plant, which is jointly owned with Seven States Power Corp. A fourth combined-cycle plant, John Sevier, is under construction and scheduled to begin operation next year. TVA also operates a fifth plant, Caledonia, under a long-term lease agreement.
TVA's senior vice president of Strategy & Planning stated, "TVA continually evaluates our options to ensure a reliable, competitively priced supply of power for the people of the Tennessee Valley. The Magnolia plant offers a strong strategic, operational and financial fit for TVA and its vision to be a leader in low-cost and cleaner energy by 2020."
In August of last year, TVA announced that, beginning this year, it will idle nine coal-fired units with a combined electric generating capacity of approximately 1,000 MW as part of its strategy to replace or retire older, less-efficient, coal-fired units as a means of reducing carbon and other emissions from its generation portfolio. At the time, TVA's President stated, "Much of our stakeholder input and other assessments point toward a greater reliance on nuclear power and energy efficiency and less reliance on coal....Replacing some coal with other, cleaner fuel sources allows a reduction in air emissions including carbon. One of TVA's key goals is to improve air quality."
TVA's Integrated Resource Plan, which was formally presented to its board of directors in April 2011, was developed over two years, with extensive business, technical and economic analysis and public input. TVA's plan recommends a strategic direction focusing on a diverse mix of electricity generation sources, including nuclear power, renewable energy, natural gas and energy efficiency, as well as traditional coal and hydroelectric power.
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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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