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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

TVA Awards Bechtel Contract for Second Reactor at Watts Bar

LCG, October 16, 2007--The Tennessee Valley Authority (TVA) Board yesterday announced the selection of Bechtel Power Corp. for a $1 billion construction and engineering contract to complete a second nuclear reactor at TVA's Watts Bar nuclear station in Tennessee.

The estimated cost to complete the 1,180-MW nuclear unit is $2.5 billion, and the unit is scheduled to commence operations by 2013.

Prior to being awarded the contract, Bechtel led a $20 million cost-and-scheduling study used by TVA to support completing the Watts Bar Unit 2 reactor.

In August 2007, the TVA Board approved plans to complete the second unit at Watts Bar Nuclear Plant in Spring City, Tennessee. The additional capacity will help serve the growing demand for electricity without increasing carbon emissions.
Watts Bar Unit 1 began operating in 1996, and Unit 2 will use the same pressurized water reactor design as Unit 1.

Prior to pursing the completion of Watts Bar Unit 2, TVA completed the refurbishment of Browns Ferry Unit 1 in May 2007. The reactivation of Unit 1, mothballed over 20 years, added 1,200 MW of carbon-free electric generating capacity to TVA's fleet.

Browns Ferry Unit 1 originally commenced commercial operation on August 1, 1974, but safety concerns following a fire led to its closure in 1985. Units 2 and 3 were also closed for a period but returned to operations in the late 1990s. All three reactors are now generating power, and the total plant capacity is approximately 3,600 MW.
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