EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

Read more

DOE Selects TVA and Holtec to Rapidly Advance Deployment of Small Modular Reactors

LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.

Read more

Industry News

Indiana Michigan Power Issues Renewables RFP to Pursue the Powering the Next Tomorrow Plan

LCG, March 16, 2022--Indiana Michigan Power (I&M), an American Electric Power (AEP) company, issued a request for proposals (RFP) for renewable power that will generate approximately 800 MW of wind power and approximately 500 MW of solar power. I&M expects some of the new renewable resources to be online as early as the end of 2024 and the full 1,300 MW to be online as early as the end of 2025.

The targeted new resources in this RFP align with I&M's Powering the Next Tomorrow plan that was included in I&M's Integrated Resource Plan (IRP). The IRP was submitted to state utility regulatory commissions in both Indiana and Michigan earlier in this year.

The I&M vice president for Regulatory and Finance stated, “This RFP is designed to provide qualified developers the opportunity to bring forward wind and solar projects that can be used to serve Indiana Michigan Power customers. These new resources will combine with I&M's existing generation to provide an even more diversified and flexible generation portfolio that will stabilize energy costs over time, stimulate economic growth, reduce emissions and take advantage of new technologies.”

In 2021, more than 80 percent of I&M’s delivered energy was carbon-free. I&M now operates five solar farms and purchases power from four Indiana wind farms. I&M has at its availability various power generation resources, including 2,278 MW of nuclear power in Michigan, 450 MW of purchased wind power from Indiana, more than 22 MW of hydro power in both states, nearly 35 MW of large-scale solar power in both states, and 2,620 MW of coal-fueled power plants in Indiana.

I&M’s RFP provides bidders the opportunity to submit proposals that incorporate battery storage, emerging technologies and other resources to supplement the portfolio and provide for optimum performance and affordability.

The RFP calls for solar projects within Indiana and/or Michigan; however, wind projects, which require availability of large amounts of land, can also be located in Illinois or Ohio.

Bids are due April 21, and I&M plans to have contracts with the successful developers by the end of 2022. The selected resources will be submitted to state regulatory commissions in Indiana and Michigan for their review and approval.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service