EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

New York Directs Con Edison & NYPA to Develop Plan for Closure of Indian Point

LCG, November 29, 2012--The New York Public Service Commission (NYPSC) on Tuesday directed Consolidated Edison, Inc. to develop with the New York Power Authority (NYPA) a contingency plan to provide for the closure of the 2,063-MW Indian Point Power Plant. NYPA is a state-owned generator that supplies power to government customers in New York City, and Consolidated Edison, Inc. is an investor-owned energy company.

A Con Ed spokesperson stated, "We will comply with the Commission?s directive to work with the New York Power Authority to develop a contingency plan addressing the needs that would arise in the event of an Indian Point shutdown. Delivering reliable, affordable electricity to customers is our primary responsibility and a shutdown of Indian Point, without sufficient alternatives, would threaten electric system reliability and potentially raise electric market prices."

The Governor of New York has expressed his desire to close the nuclear reactors, located about 40 miles north of Manhattan along the Hudson River, when the operating licenses expire in 2013 and 2015. The governor has stated that even the most unlikely possibility of an accident is too much in the heavily populated area.

The owner of Indian Point, Entergy, claims the reactors are safe and filed with the Nuclear Regulatory Commission (NRC) in 2007 to renew the Indian Point operating licenses for a 20-year extension. An Entergy spokesperson stated, "Entergy and its employees continuously demonstrate the plants are safely operated, and is committed to safely operating this important facility for many more years to come."

The back-up plan to relying upon Indian Point for power was a component of the Governor's Energy Highway Task Force's Blueprint, a comprehensive plan with the goal to ensure that New York's energy grid is the most advanced in the nation and promotes increased business investment in the state. The plan calls for the addition of up to 3,200 MW of additional electric generation and transmission capacity, including 270 MW of renewable generating capacity, through approximately $5.7 billion in private investments.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service