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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

Agreement Reached on Proposed LNG Terminal

LCG, May 21, 2003--A location for a potential liquified natural gas (LNG) terminal has been agreed upon by Mitsubishi Corp.'s Sound Energy Systems (SES) and the Port of Long Beach, which together signed a letter of intent pursuant to building on the site.

If built, the terminal would be capable of supplying about 9 percent of the daily demand for natural gas in California, or 700 million cubic feet. Deliveries would be made by ship, in super-cooled vessels. SES spokesman Tom Giles said he believes the next step will be to apply for approval from the Federal Energy Regulatory Commission.

A slowdown in new production at domestic gas fields and the fact that most new generating units are gas-fired has spurred this and other proposals for the West Coast. The imported gas would be expected to come from Asia, and could not only be used for power production but provide fuel for fleets of LNG-powered vehicles, a unique feature. Discussion are now underway on a possible contract for arranging gas supply to Long Beach Energy, a utility.
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