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News
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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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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
FERC Clarifies Market Power Screening Tests and Denies Rehearing
LCG, July 9, 2004--The Federal Energy Regulatory Commission (FERC) issued its Order on Rehearing yesterday that clarifies the methodology to assess generation market power and denied a rehearing. AEP, Entergy, and Southern Company, were directed to file within 30 days their revised generation market power analyses - incorporating the new tests.The two screening tests, previously set forth in the FERC's order issued on April 14, 2004, analyze a market participant's total amount of uncommitted capacity available for wholesale sales in a market. The first screen is the pivotal supplier analysis, which examines a participant's generation market power during the peak hour of the year, and is based on a control areas annual peak demand. The hours leading up to that point are the most likely time that a participant will be a pivotal supplier.The second screen is the wholesale market share analysis that examines the market share of a participant in all seasons. Both screens consider native load obligations, operating reserve requirements and other commitments of the participant's. If applicants pass both indicative screens, it is presumed that generation market power does not exist.If the participant fails either screen, it is presumed that the generation market power exists, and the participant can then rebut the presumption with additional analyses. Alternatively, a participant may accept the presumption of market power and go directly to mitigation or inform the FERC it will adopt the default cost-base rates or propose other cost-base rates. In the Order on Rehearing issued yesterday, the FERC states, "Market-based rate authority is not a right. The Commission may grant such authority under the FPA only to applicants who demonstrably lack market power."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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