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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

JEA Approves Plans for 250 MW of Solar PV Farms

LCG, October 18, 2017--The JEA Board of Directors unanimously approved a major solar-power program Tuesday to will invest in creating five solar photovoltaic (PV) farms to provide a total electric generating capacity of approximately 250 MW. The JEA Board also approved a mandate that 30 percent of its energy come from zero-carbon or carbon-neutral projects by 2030, which replaces a previous target that required the utility to invest more heavily in nuclear power.

JEA executives will spend, with the Board's approval, up to $50 million for five, 50-MW solar farm sites in Jacksonville, Florida. The solar farms are expected be built on JEA-owned land, with the footprint for each site covering about 400-500 acres each. A developer will build solar panels on the site, and JEA will buy the power, at a total cost of roughly $20 million per year for all five farms. The solar farms could be operational as early as 2020.

The JEA Board also approved a new solar policy that changes the rate paid to customers by JEA to JEA's fuel rate, which changes from time to time but will be less than the old rate. The new rate will go into effect April 1, 2018. Existing customers with rooftop-solar panels will be grandfathered in at the old, higher rate.

JEA somewhat offset the reduction in rooftop-solar compensation with a new incentive for rooftop-solar customers that offers customers a 30 percent rebate on the purchase of a battery system that can store a home's excess solar power. The federal government also offers a 30 percent tax credit on home-battery technology, which JEA says generally would save a customer about $3,000. During the day, solar panels would send excess power to a home's battery system instead of JEA's grid. At night, the home electric loads can be supplied by the battery instead of using JEA power.
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