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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

Oklahoma to Delay Electric Dereg 'Indefinitely'

LCG, Dec. 10, 2001--Oklahoma state Sen. Kevin Easley, who guided an electric industry restructuring bill to passage in 1997, had some reassuring words last week for consumer advocates and small-business owners who appeared at a committee hearing to oppose electric deregulation, the Tulsa World reported Friday.

"We've already made the decision to postpone deregulation indefinitely," Easley, a Democrat from the town of Broken Arrow, told the group. He said the committee has turned its attention to "upgrading the transmission system, either in a regulated or deregulated environment."

Easley, who was pushing deregulation of Oklahoma's electric industry more than five years ago, sang a different song in April 1997 after Gov. Frank Keating signed into law a bill passed by the legislature that would have opened the market to competition on July 1 of next year. Easley said at the time that the law placed the Sooner State in "the forefront" of the electric deregulation movement.

But Easley's eye, and those of many other Oklahomans, has been on the deregulation debacle in California, the World said. Also, the U.S. Congress has quit prodding states to deregulate, the paper said.

Oklahoma electric rates are among the lowest in the nation, and power company officials there admit that under deregulation the state's rate would tend to rise.

Under the 1997 law, the Oklahoma Corporation Commission may delay the advent of electric competition if the state's legislative Electric utility Task Force, which is headed by Easley, recommends against it.

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