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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

Power Suppliers Drop Out of New Jersey Market

LCG, Feb. 15, 2001Energy America, a power marketer owned by British utility Centrica Plc, and Power Direct, a supplier owned by AES Corp., are the latest in a string of more than a dozen alternative electricity suppliers to quit doing business in New Jersey.

One of the first to have second thoughts about the Garden State was KeySpan Energy, which stopped taking new residential customers last spring. "We have about 7,000 customers, with about 5,000 of them residential. Unless regulators change the market into a level playing field, we will not renew our contracts, most of which expire in September," said Bill Kinneary, the company's president.

Kinneary said one problem is the one-time discount a marketer can offer a residential customer. Called a "shopping credit," the discount was pegged to the cost of power production at the time New Jersey's deregulation plan was formulated in 1997.

"Because fuel costs are higher now than when the price was first fixed, unless they modify theprogram, we can't compete. By summer, no one will be left standing," Kinneary said.

Blossom Peretz, the state ratepayer advocate, conceded that the shopping credits pose a problem, but she is confident that it can be resolved. "I never expected it to be an energy revolution, but more of an evolution in people's understanding. It is more complex for people to think about than buying pair of shoes, or a quart of milk," she said.

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