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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

DOE Selects BrightSource for $1.4 Billion Loan Guarantee

LCG, February 23, 2010--The U.S. Department of Energy (DOE) announced yesterday conditional commitments for over $1.37 billion in loan guarantees under the American Recovery and Reinvestment Act (ARRA) to BrightSource Energy, Inc. to support the construction and start-up of a utility-scale concentrated solar power (CSP) complex in the Mojave Desert.

According to the DOE, the loan guarantee is conditioned on financial and environmental requirements BrightSource must meet before closing on the loan, including local, state and federal regulatory approvals. The Bureau of Land Management will continue leading a National Environmental Policy Act (NEPA) review.

The Ivanpah Solar Power Complex will be built approximately 50 miles northwest of Needles, California, and about five miles from the California-Nevada border. The complex will consist of three solar fields and use thousands of heliostats, each with two mirrors that track the sun and focus the solar energy on a receptor atop a tower. When the sunlight hits the receptor, the water inside is heated and creates high temperature steam. The steam is then used in a conventional turbine to generate electricity. An air-cooling system will be used to convert the steam back into water in a closed-loop cycle designed to minimize water consumption. The total electric generating capacity will be 400 MW.

The site footprint was recently reduced from 4,000 acres to approximately 3,500 in order to reduce the impacts on rare plant species and the number of desert tortoises that will need to be relocated.

The first facility is scheduled to start construction in the latter half of this year, with electric generation to commence in 2012. The second facility is scheduled to commence commercial operations in mid-2013, with the third facility by the end of 2013. The project will be interconnected to the electricity grid via an upgraded SCE transmission line.

The power from the facilities will be sold under long-term power purchase agreements (PPAs) with Pacific Gas & Electric (PG&E) and Southern California Edison Company (SCE). PG&E will purchase approximately two-thirds of the power generated at Ivanpah, and SCE will purchase approximately one-third.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities like PG&E and SCE to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year. In September 2009, the Governor signed an Executive Order that increased the requirement to 33 percent by 2020 and that now applies to all utilities, including publicly-owned municipal utilities.
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