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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

Enron, Maharashtra Keep on Arguing

LCG, Sept. 11, 2001--Enron Corp.'s Dabhol Power Co. in India wants to get paid for power it has produced for the Maharashtra State Electricity Board.

The MSEB doesn't want to pay Dabhol because, it argues, the price is too high.

The price is too high, Dabhol responds, because the MSEB doesn't buy enough power.

You didn't produce enough power when we wanted it, counters the MSEB, so we are slapping a big fine on you. Deduct what we owe from the fine.

Let's see what an international panel of arbitration has to say about this, Enron says.

Not until after the matter has been decided by our new regulatory commission which we just set up, the MSEB replies.

Just give me my money back and let me go home, Enron finally says.

Yesterday, Dabhol said the MSEB was being "illogical" in claiming the company's high power prices caused heavy losses to the state-owned utility. The company agreed that its prices might be higher than the MSEB liked, but it said that was MSEB's fault.

MSEB Chairman Vinay Bansal said Dabhol's power made the utility lose 13.4 billion rupees last year, which is almost $300 million in U.S. money. He claimed Dabhol's price of 8 rupees per kilowatt-hour was more than three times the cost of power from other sources.

Dabhol said its average tariff between May 1999 and May 2001 was 5.64 rupees while the "plant load factor" was 52 percent. Had the PLF been 90 percent, DPC's tariff would then have been only 4.13 rupees, the company said. The MSEB is Dabhol's only customer, despite a power shortage elsewhere in Maharashtra and surrounding Indian states.

"The MSEB chairman is also a member of DPC's board," Dabhol noted, "and is very well aware of DPC's tariff,"

In a statement, Enron said that is was "clear the MSEB is well in a position to draw power at 90 percent PLF...thus resulting in a most competitive current tariff of 4.40 rupees per kilowatt-hour."

That wouldn't have made a difference, Bansai said. "(The loss) would be marginally lower, but not very much. You see we bought at eight rupees a unit. Supposing even if it was five rupees a unit, instead of 13-billion loss, it would be a 10 billion," he said.

What neither side said -- at least yesterday -- was that about one-third of the power purchased by the MSEB simply disappears, without anyone paying for it, and another third is sold at artificially low rates in order to subsidize agricultural customers.

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