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

India's Tata in Talks to Buy Enron's Dabhol Power

LCG, Oct. 15, 2001--India's Tata conglomerate has held "exploratory" talks to take over from Enron Corp. its 65 percent stake in the $2.9 billion, 2,184 megawatt Dabhol power plant in the Indian state of Maharashtra, the Financial Times reported yesterday.

Enron, weary of the difficulty in getting paid for power produced by Dabhol and by constant bickering with the Maharashtra State Electricity Board, its only customer, over terms of a contract signed in the mid-1990s, said in July that it wanted out of India and would accept about $1 billion for its interest in Dabhol.

Tate Power has notified the Indian government expressing interest in Dabhol, which it said would require the removal of significant roadblocks. Among these would be a renegotiation of Dabhol's tariffs and a reduction in the interest rates on Dabhol's debt.

Tata Power is talking about paying Enron about 80 cents on the dollar for its investment in Dabhol, a figure that may not be palatable to the Texas-based company.

Spokesman John Ambler said Enron continued to believe the best and quickest way to solve the problem would be for the Indian government, or one of its Indian financial backers, to take on Dabhol.

The Dabhol Power project is India's largest foreign investment, even though Indian lenders provided $1.4 billion in financing for the plant. About $630 million was provided by foreign institutions.

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