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

FERC Issues Challenge Regarding Power Market Behavior

LCG, June 25, 2003--The commissioners of the Federal Energy Regulatory Commission today issued rulings barring bankrupt Enron Corp. from trading in energy markets, and ordered 60 power companies and utilities to provide justification for profits realized from the Western energy markets during the period Jan. 1, 2000 through June 20, 2001.

Enron will not be allowed to trade in electricity or natural gas markets apart from unwinding its current positions, for as long as it is involved in bankruptcy proceedings. The penalty was based on findings that Enron subsidiaries and five additional companies had manipulated the price of natural gas at the Henry Hub, partly through EnronOnline, the Internet-based trading system. Enron was found to have earned $3.2 million because of the manipulation. Units of the company will be allowed to re-apply for permission to trade, post-bankruptcy.

A report by FERC staff released in March recommended that a "show cause" order be directed at companies that staff determined had made profits that may have resulted from illegal actions, and should have to justify the basis for their market behavior. While that report named 37 parties, today's order included 60. Proceedings will take place before an administrative law judge to determine what if any penalties should be assessed on companies that are found to have broken trading rules in the California market.

Commissioner William Massey stated, "I think this order is a major step toward addressing the manipulation that contributed to the extraordinary Western power crisis." Massey stated that he did not believe forcing companies named in the order to disgorge profits to the extent they are found to be unjust would ignore inflated profits earned by other companies that did not engage in improper behavior, and therefore would not make the market whole.
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