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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

PNM to Build Plant, Provide Power to TNMP

LCG, July 3, 2001Public Service Co. of New Mexico said yesterday that it had signed a long-term wholesale power supply agreement with Texas-New Mexico Power Co. and would build a new power plant near Las Cruces, N.M., to produce some of the electricity.

The new facility will be located about 12 miles west of Las Cruces, which is the chile pepper capital of the world. The 135 megawatt natural gas-fueled plant is expected to begin commercial operation in the autumn of next year, with expansion to 220 megawatts planned for late 2003.

PNM noted that the new plant will be its first investment in new power supply for the competitive wholesale electricity market.

The contract with TNMP, which runs from July 1 of this year until Dec. 31, 2006, will provide varying amounts of firm power through 2002 to complement existing contracts TNMP has in place, PNM said. As those contracts expire, PNM will replace them and become TNMP's sole supplier beginning Jan. 1, 2003. In the last year of the contract, TNMP will need 114 megawatts of firm power.

"Reliable service at stable prices is important to our customers," said TNMP chief executive Jack V. Chambers. "This agreement is an important step in insulating our customers from the dramatic price fluctuations and reliability problems that California has experienced."

"We are providing TNMP not only its power supply but also key services, including scheduling and dispatching of the wholesale power," said Jeff Sterba, PNM chairman and chief executive. "PNM will act as TNMP's agent to procure, schedule and dispatch wholesale power on TNMP's behalf."

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