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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

B&W and FirstEnergy Announce Plans to Evaluate Deployment of Small Modular Reactors

LCG, July 26, 2012--The Babcock & Wilcox Company (B&W) and FirstEnergy Corp. announced yesterday that FirstEnergy and a B&W subsidiary, Generation mPower LLC (GmP), executed a Memorandum of Understanding (MOU) regarding studies to develop small modular reactors in FirstEnergy's service territory, which includes regions in the Midwest and Mid-Atlantic.

The announcement states that FirstEnergy and GmP plan to work together to perform an independent financial review of mPower economics, evaluate alternative sites for construction of the B&W mPower plants, complete a preliminary pre-licensing analysis, and assess the need and schedule for deployment of B&W mPower plants by FirstEnergy.

The B&W mPower small modular reactor (SMR) is an advanced nuclear reactor with a design that uses a fully underground containment structure and provides an electric generating capacity of 180 MWe, in contrast to reactors in the approval process now with capacities of 1,000 MWe or more.

The SMR offers a lower project cost due to its smaller size and because roughly 70 percent of the reactor and its systems are contained within the unit and built in the factory. Moreover, the smaller size provide the potential to deploy the SMRs at aging coal-fired power plant sites, where coal-fired units are approaching retirement, and remaining utility infrastructure may be of value in developing the SMR.

The President of FirstEnergy Generation and Chief Nuclear Officer stated, "Our agreement today is an outgrowth of the company's involvement with B&W's consortium to promote the development of small modular reactors. Completing these studies will help us determine how B&W small modular reactors may be part of our long term generation planning."

The President and Chief Executive Officer of GmP said, "This cooperative effort with FirstEnergy demonstrates growing interest in our B&W mPower SMR as a clean, efficient and affordable power generation option. B&W has a long history of working in Ohio, and our employees in the state have an important role in the development of safer, more secure nuclear technology. We appreciate FirstEnergy's industry leadership, and look forward to working closely with them to complete these studies."

Ohio's two senators also applauded the MOU and the commitment to advanced, clean energy development and the related jobs the project could bring to Ohio.
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