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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.

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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.

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Industry News

Indian Minister Says 'No Impact' if AES Leaves

LCG, Aug. 21, 2001--An official of the Indian state of Orissa said this morning that it wouldn't matter one way or another if U.S. electric power firm AES Corp. made good on its threat to walk out on its investments in his state.

AES owns a 51 percent interest in Cesco, the electricity distribution monopoly serving Orissa, with the state government owning the remaining 49 percent. AES also owns 49 percent of power plant operator Orissa Power Generation Corp., which sells electricity to the state-owned transmission business Gridco.

Last month, AES said it would sell its interest in Cesco -- perhaps at bargain prices -- unless Orissa improved its regulatory practices and approved higher tariffs. The U.S. company has invested about $175 million in the Orissa power sector.

"(A pullout) will have no impact at all," R. K. Patnaik, Orissa's finance minister, told reporters covering a business conference in Calcutta today.

The imbroglio involves a full circle of non-payment and related accusations. Starting with the electricity where it is generated, Orissa Power Generation says it has not been paid for power sold to Gridco. Gridco says it cannot pay OPG because it has not been paid by Cesco. Cesco says it has not money to pay Gridco because it cannot charge reasonable rates.

Gridco is unable to guarantee that all of the power sold to Cesco gets to the distribution company. The state government's electric transmission business suffers transmission "losses" that are high even by Indian standards.

Patnaik said AES, which has no interest in the transmission business, had not lived up toexpectations in Orissa that it would help with the transmission losses. "Transmission and distribution losses have come down only 1.8 percent from the earlier 43 percent," he complained.

AES' problems in Orissa don't stop with the state government. Yesterday, some 20 angry workers on Monday chased a senior manager out of his office at Cesco in the latest in a series of confrontations between the distribution company and its 8,500 employees who have not been paid wages for the month of July.

Cesco's managing director Roberto Podesta escaped unhurt, Cesco director Venu Nambiar told a news conference in New Delhi. Nambiar also said "We want out. The realization is there that the board has lost total control."

He added "The employees want AES management to go and Gridco to take back the distribution business."

This morning, the Economic Times referred to the Indian electricity sector as "India's loss-making power industry."

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