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

Regulators to Review Florida Power & Light Base Rates

LCG, May 16, 2001The Florida Public Service Commission yesterday approved a staff recommendation that it conduct a full review of the base rates of Florida Power & Light Co., the operating subsidiary of FPL Group Inc.

Once the regulators make their initial filings, FPL will have until August 15 to provide financial information.

"We are disappointed that the Commission decided to initiate a rate proceeding to review FPL's rates. This action is a step back from incentive-based regulation to the time-consuming and costly rateproceedings of years past," grumped Paul Evanson, president of the utility.

.

"We believe our current three-year revenue-sharing agreement, which still has one year to run, hasalready provided significant savings of more than $800 million for our customers. Embarking on acollaborative process aimed toward a new incentive-based agreement would have yielded far betterresults for our customers," he added.

Separately, FPL said it, Florida Power Corp. and Tampa Electric Co. have requested that the commission open a separate generic docket to address issues related to their participation in a regional transmission organization the call GridFlorida. The companies say they are forming the RTO in response to the Federal Energy Regulatory Commission orders.

The commission deferred consideration of the utilities' motion, which also upset Evanson. "Without resolution of the PSC's concerns associated with GridFlorida, the participants will re-evaluate the timing and developmental plans for the RTO," he said.

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