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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

EU Energy Tax May Be Blocked by Italy

LCG, February 18, 2003-The European Union's attempts at taxing the energy industry are likely to fail today due to Italy's opposition.

15 EU states support a proposal to levy a tax on coal, gas, and electricity production, in addition to raising minimums on oil product taxes. These additional fees are intended to prevent pollution and climate change.

However, Italy would like to continue oil tax breaks because of its reliance on truck transport. In 2000, public outcry against increasing oil prices lead to the initial tax break for truck fuel in Italy. The Mont Blanc tunnel between France and Italy was also closed last year, limiting Italy's transport ability across the Alps.

France will also allow for tax breaks but has asserted its willingness to eliminate them within 2 years.

The proposal is expected to fail because of Italy's opposition, although talks between German Finance Minister Hans Eichel and Italian Finance Minister Giulio Tremonti have been ongoing yesterday and today regarding this issue.

EU officials are anxious to pass the measure before an additional 10 members enter the EU next year; many believe unanimous support will be much harder to achieve in the future.

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