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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
Duke Files Revised, Higher Cost Estimate for IGCC Project
LCG, May 2, 2008--Duke Energy yesterday submitted a progress report with the Indiana Utility Regulatory Commission (IURC) regarding its 630-MW, coal-fired power plant project that will use an advanced, integrated gasification combined cycle (IGCC) technology.
Duke reported a revised project cost estimate of $2.35 billion, which equates to a $365 million increase from the estimate approved by the IURC last November. Duke must justify and seek approval in a separate proceeding to recover any costs above the approved $1.985 billion.
According to Duke, the higher cost estimate results from global competition for materials and increased labor rates. "In North America the cost of building all types of power plants has risen substantially in the past year," said James L. Turner, president and chief operating officer, Duke Energy U.S. Franchised Electric and Gas.
The project will be built at Duke's existing Edwardsport Generating Station near Vincennes, Indiana and is scheduled for completion in 2012. Once the new plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, would be retired.
The IGCC design employed for the plant includes coal gasification. Synthetic gas created from coal is used in a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2, which may assist in efforts to thwart global warming.
Last November, the IURC also directed Duke to develop carbon capture and storage studies for the project, and yesterday Duke filed its plans to evaluate the site's suitability and related carbon capture and storage costs.
The project is targeted to receive over $460 million in local, state and federal tax incentives.
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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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