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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

Decision Made on California Direct Access Customers Surcharge

LCG, Nov. 8, 2002--Large energy customers who were allowed to buy electricity from marketers and wholesale suppliers other than California's major investor-owned utilities will pay a surcharge to repay the state for its power purchases, with California Public Utilities Commissioners split on whether the amount is sufficient.

Yesterday, a 3-2 vote by California PUC regulators was made to impose a 2.7-cents per kilowatt-hour charge on usage by electricity purchasers who had signed their own supply contracts, starting Jan. 1. PUC President Loretta Lynch and Carl Wood, who advocated that the surcharge be higher, voted in the minority. Lynch thought other, generally small customers, who buy electricity from the investor-owned utilities, would be left paying a disproportionate share of the costs incurred by the state through its electricity purchases. She asserted that "This massive transfer of wealth is discriminatory and unreasonable."

Jeff Brown, who voted with the majority, said it is necessary to keep a central feature of earlier deregulation plans in place, by allowing direct access customers to continue their relationships with alternative suppliers. "If actual costs are imposed each year, direct access would become uneconomic and would cease to exist," he said. He also indicated that not allowing direct access would represent "a terrible signal to the business community," according to the Sacramento Bee. He believed, however, that the 2.7-cent surcharge is likely to rise next year.

Those who entered into direct access contracts include industrial and retail facilities, as well as hospitals and schools.
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