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News
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LCG, December 24, 2025--The U.S. Secretary of Energy today issued emergency orders to keep two Indiana coal plants operational, with the stated goal to ensure Americans in the Midwest region of the United States have access to affordable, reliable, and secure electricity heading into the winter months. The orders direct CenterPoint Energy, the Northern Indiana Public Service Company (NIPSCO), and the Midcontinent Independent System Operator, Inc. (MISO) to take all measures necessary to ensure specified generation units at both the F.B. Culley and R.M. Schahfer generating stations in Indiana are available to operate.
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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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Industry News
TVA Announces Expected Cost Increase and New Schedule for Watts Bar Nuclear Reactor
LCG, April 6, 2012--The Tennessee Valley Authority (TVA) announced yesterday cost increases and schedule delays for the construction of the 1,180-MW, Watts Bar Unit 2 nuclear power plant, located in Spring City, Tennessee. The announcement follows a seven-month construction review.
TVA's senior vice president for Nuclear Construction stated, "The emerging estimate to complete Watts Bar Unit 2 will require additional funding of $1.5 billion to $2 billion, putting the total estimated cost of completion in the range of $4 billion to $4.5 billion. The estimated time to complete is between September and December of 2015."
TVA's president and CEO stated the initial detailed scoping, estimating and planning study (DSEP) completed and approved by the TVA board in 2007 appeared "aggressive but doable" at that time. In 2007, the DSEP approved a project with a 60-month construction schedule and a cost of $2.49 billion.
TVA's CEO stated, "Based on the findings to date, we will be asking the TVA board of directors to approve the continued funding and the extended construction time for Unit 2 at Watts Bar Nuclear Plant." The board is expected to consider the new budget and schedule later this month.
TVA now has in place new management at the site. TVA's senior vice president for Nuclear Construction stated, "We now have a high-confidence cost estimate and milestone schedule. The safe and quality cost-effective completion of Watts Bar Unit 2 is an integral part of achieving TVA's energy goals as set out in the Integrated Resource Plan. And, we have added contingency and an allowance for addressing Fukushima impacts."
Construction on Watts Bar 2 actually began 40 years ago in 1972. The unit was deferred in 1988, when load growth forecasts shrank. Work to complete the unit resumed in 2007. Watts Bar 1 is the last commercial nuclear unit in the United States to come online, and it commenced commercial operation in May 1996.
TVA has received a Nuclear Regulatory Commission (NRC) license for fuel at Watts Bar for use in Unit 2, and the new fuel began arriving last summer.
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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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