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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
PSEG to Close Two Coal Plants in New Jersey
LCG, October 6, 2016--PSEG announced yesterday that it will retire the Hudson Generation Station in Jersey City and the Mercer Generation Station in Hamilton Township on June 1, 2017. Hudson was opened in 1968 and has an electric generating capacity of 620 MW. Mercer was opened in 1960 and has a capacity of 632 MW. PSEG is evaluating all options for future use of the sites.
The president and chief operating officer of PSEG Power stated, "The sustained low prices of natural gas have put economic pressure on these plants for some time. In that context, we could not justify the significant investment required to upgrade these plants to meet the new reliability standards. The plants have been infrequently called on to run and neither plant cleared the last two PJM capacity auctions. The plants' capacity payments have been critical to their profitability and PSEG's ability to continue to invest in modernizing them."
PSEG currently is investing over $600 million in a new state-of-the-art combined-cycled gas plant in Sewaren, New Jersey (Sewaren 7) that is scheduled to be operational in 2018. Additional new combined-cycle plants in planned in Connecticut (Bridgeport Harbor 5) and Maryland (Keys Energy Center).
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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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