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News
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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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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
FERC and CFTC Find No Evidence of Gas Market Manipulation
LCG, August 30, 2004--The Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) completed their coordinated investigations into the natural gas price increases in late 2003 and discovered no evidence that any entity or individual engaged in actions or transactions intended to manipulate natural gas prices during this period.In 2003, natural gas futures shot up by nearly 50 percent on the New York Mercantile Exchange between Thanksgiving and mid-December. The investigations reviewed and analyzed a variety of market drivers (such as weather), physical and financial trading data, and audio recordings produced by companies and individuals active in natural gas markets.The CFTC concluded that "the increase in natural gas prices during that time was the result of distinct factors, including market reaction to colder than expected weather in the northeast United States during the first week in December 2003, and market statements and projections regarding the inventory of natural gas in underground storage caverns made in late November/early December 2003."To improve transparency in natural gas markets, one of the FERC's strategies is timely access to accurate information regarding gas storage inventories. A technical conference to explore new approaches and rules for posting storage information has been scheduled by the FERC for September 28, 2004.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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