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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
British Offshore Wind Project Announces Funding Agreement
LCG, June 8, 2012--Centrica Plc (CNA), Dong Energy A/S and Siemens AG (SIE) announced that they have completed a $660 million funding agreement for the 270-MW, Lincs off-shore wind project. The funding agreement is stated to be the first time banks have provided project finance to an off-shore, U.K. wind project that is under construction.
The banks providing non-recourse financing for the Lincs project include BNP Paribas SA, UniCredit SpA (UCG), HSBC Holdings Plc (HSBA), Nordea Bank AB (NDA), Lloyds TSB Bank Plc and Bank of Tokyo-Mitsubishi UFJ Ltd.
Centrica owns 50 percent of the project. Dong, a Danish utility, and Siemens Project Ventures GmbH each own 25 percent of the project. The total project cost is approximately $1,550 million, including about $390 million for the transmission link from the project to the shore.
Centrica is expected to receive 75 percent of the electricity generated and 50 percent of its Renewable Obligation Certificates, or ROCs, and Dong is expected to receive the remaining power output and 25 percent of the ROCs. The remaining 25 percent of ROCs will be sold to the market by the Lincs project company, Lincs Wind Farm Ltd.
The project is located about five miles off the east coast of England in the North Sea and is scheduled to commence commercial operations in the first half of 2013. The project includes 75 Siemens 3.6-MW turbines, which will be installed in approximately 32-50 feet of water. In April Centrica announced that 51 of the 75 foundations were complete. According to Centrica, the wind farm has a designed operational life of 20 years, after which the turbines can be decommissioned or new turbines installed for the rest of the 50-year lease.
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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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