EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

UK Threatens Tighter Control over Generators

LCG, July 18, 2001Britain's new Minister of Energy, Brian Wilson, says he will "listen carefully" to requests by Callum McCarthy, head of the government's Office of Gas and Electricity Markets, to reintroduce a "good behavior" clause in the operating licenses for power plant owners.

Wilson spent part of last week in California, the world's fifth-ranked economy, just behind that of the United Kingdom, learning first-hand about out-of-control power prices, power shortages, rolling blackouts, and possibly political rhetoric.

McCarthy has said he is concerned that the so-called "new electricity trading arrangements" introduced in March will not prevent power plant owners from market abuse. His good behavior clause was thrown out by the competition earlier this year after objections by the companies owning generating stations.

Wilson pointed out that six years ago California had a surplus of electricity capacity similar to that currently enjoyed by England and Wales, but it vanished seemingly overnight. He does not see that happening in the UK, but does see a need for a balanced portfolio as natural gas-fueled generation makes inroads into an industry dominated by coal.

Gas fired generation, which has risen from virtually nothing 10 years ago to supply more than 30 per cent of the country's power needs, is still growing rapidly. Alarm bells have been triggered by a doubling of wholesale gas prices since 1999, the Financial Times observed this morning.

The expectation that most nuclear power stations will close in the next 20 years worries the minister. He stresses no decision has been taken on replacing nuclear capacity but says: "It would be lemming-like to allow nuclear to fade away without pointing out that we rely on it for 25 per cent of our power."

Possibly the only member of Britain's ruling Labour Party who favors nuclear power plants, Wilson is yet to be convinced that renewable energy generation could completely replace atomic plants, but acknowledges that Britain needs to do much more to boost green power, the Financial Times said.

"If we are going to make a serious stab at renewables there has to be some give and take from environmentalists," he said.

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