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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

China's Gas Market To Allow Foreign Investment

LCG, Dec. 10, 2002--Ownership of local natural gas distribution networks by foreign investors will be allowed by the Chinese government, China Daily reported.

Xu Dingming, director-general of the Industrial Development Department of the State Development Planning Commission, said yesterday, "Overseas investors are encouraged to invest in or take controlling shares in local gas distribution networks along the trunklines." In April, investment rules indicated that controlling stakes should be held by foreign companies in joint ventures in major cities, including Shanghai and Beijing. The guidelines issued then marked the opening of the country's gas infrastructure to foreign investment.

Already, companies in Hong Kong have negotiated deals with growing cities in the Shangdong, Jiangsu and Guangdong provinces. Projections have put annual growth of China's demand for natural gas at 10 percent, encouraged in part by the government's wish to reduce the country's dependence on coal. A 4,000-kilometer (approximately 2,500-mile) west-east pipeline has been under construction since July, and will allow further linkages between different regions of the country, and with Russia.
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