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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

EU May Finance Two New Ukrainian Nukes

LCG, Sept. 7, 2000--The European Union Commission yesterday approved a financial plan to help fund two new Ukrainian reactors as part of a safety strategy for Eastern European countries using Soviet-designed nuclear power plants.

The two new reactors in Ukraine would replace the last operating reactor at the notorious Chernobyl nuclear plant near Kiev, when it shuts down for good later this year.

The EU plan is expected to cost up to $1.5 billion, and the commission will seek loans from its member states to fund the program. In addition to providing money for decommissioning the four-unit Chernobyl, the plan would fund completion of two other Ukrainian reactors to assure that they meet "internally acceptable levels of safety."

The commission also proposes to provide funds for construction of a nuclear power plant in the Russian city of Kalinin, providing Russia agrees to permanently close at least one Soviet era facility.

The commission said its proposal is contingent upon a contribution from the European Bank of Development and Reconstruction.

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