EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Energy Secretary Issues Emergency Orders to Ensure Indiana Coal-fired Facilities Remain Open to Prevent Midwest Blackouts

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.

Read more

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

Industry News

Energy East to Buy RGS Energy for $1.4 Billion

LCG, Feb. 20, 2001Energy East Corp. said this morning it had agreed to acquire RGS Energy Group Inc. for $1.4 billion in cash and stock, in a move that could help Energy East live up to its billing as a "super-regional" energy company.

The acquisition would create a company with $5 billion in annual revenues and close to $10 billion in assets. The combination of Energy East's New York State Electric & Gas Co. and RGS' Rochester Gas & Electric Co. would give it nearly 3 million customers.

Directors of both companies have approved the transaction, which Energy East will record as a purchase. Regulatory approvals are expected to take about a year.

The two operating utilities' service territories have about 200 miles of contiguous border which is expected to produce about $50 million in annual savings. The new company would have operations in upstate New York, Connecticut, Maine, Vermont and Massachusetts.

Under the deal, RGS Energy shareholders would receive the equivalent of $39.50 for each share of RGS stock they own, a 19 percent premium over Friday's closing price on the New York Stock Exchange. RGS shareholders could select how they want the deal handled so long as the overall ratio of cash to stock is 55 to 45.

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