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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

EU Report Will Focus on Boosting Investment

LCG, Dec. 1, 2003--The European Commission is set to release a set of laws aimed at encouraging electric generation investment and a competitive power marketplace, according to draft documents obtained by Dow Jones Newswires.

The final versions of the proposed laws will be released Wednesday, and will have arrived after a summer in which outages cut power to millions of European citizens. The proposals call for incentives or forms of guaranteed return to achieve necessary investment in transmission grid infrastructure, and in power plants to meet projected growth in power demand. The documents suggest that penalties could be invoked for failure to meet reliability standards, or for delays in implementing system upgrades.

The proposals by the executive body of the European Union will only become law if governments vote in favor of them. Switzerland and Italy lost power this summer when connections between the countries shorted out. Denmark and the United Kingdom also experienced blackouts that affected their capital cities. According to deregulation plans that have already been moved up in time, businesses in the EU will have the ability to choose their power suppliers in July 2004.
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