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News
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LCG, December 24, 2025--The U.S. Secretary of Energy today issued emergency orders to keep two Indiana coal plants operational, with the stated goal to ensure Americans in the Midwest region of the United States have access to affordable, reliable, and secure electricity heading into the winter months. The orders direct CenterPoint Energy, the Northern Indiana Public Service Company (NIPSCO), and the Midcontinent Independent System Operator, Inc. (MISO) to take all measures necessary to ensure specified generation units at both the F.B. Culley and R.M. Schahfer generating stations in Indiana are available to operate.
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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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Industry News
FPL Announces Plan to Acquire and Retire the Coal-fired Facility in Florida
LCG, March 10, 2015-Florida Power & Light Company (FPL) Friday filed a petition with the Florida Public Service Commission (PSC) to request approval to acquire a coal-fired energy facility that it has had under a long-term purchase power agreement (PPA) since 1988. FPL plans to immediately terminate the contract and reduce the plant's operations by 90 percent, with the intention of eventually phasing the plant out of service. FPL is requesting that the PSC approve the purchase by July 31, 2015 to maximize customer savings.
The targeted facility is the 250-MW Cedar Bay Generating Plant, a circulating fluidized bed (CFB) boiler power generation facility located in Jacksonville, Florida.
FPL's president and CEO stated, "Although years ago it made sense to buy this plant's power to serve our customers, times have changed. We have invested billions of dollars to improve the efficiency of our system, reduce our fuel consumption, prevent emissions and cut costs for our customers. Now we're in a position to take ownership of the facility and effectively buy out an outmoded contract with the goal of ultimately phasing the plant out of service, which will mean reduced carbon emissions and millions of dollars in savings for our customers. This proposal is another smart step forward in our ongoing effort to serve our customers with affordable clean energy now and in the future."
FPL estimates that the plan will save FPL customers an estimated $70 million and prevent nearly one million tons of carbon dioxide emissions annually. Under the existing PPA, fixed payments for capacity and operating and maintenance currently total more than $120 million a year, with annual increases until the contract's expiration in 2024. Like other PPA's, the fixed payments are paid for by customers through their rates, in addition to the cost of energy when the plant is operating.
In its filing with the PSC, FPL proposes to purchase CBAS Power Inc., the indirect owner of the plant, from CBAS Power Holdings, LLC, for a price of $520.5 million. FPL would then terminate the PPA and avoid the fixed payments that customers would otherwise pay through their rates over the remaining life of the contract. Upon taking ownership, FPL expects to decrease plant operations so that it operates less than five percent of the time. Furthermore, FPL expects to permanently decommission the Cedar Bay Generating Plant within the next two to three years, after a new interstate natural gas pipeline commences commercial operation and enhances gas supply availability in Florida.
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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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