Data centers are choosing Indiana. Is the state’s electricity supply ready?

Please subscribe to IBJ to decode this article.

c eb cnTpay isesrd iwmpialn ceT enaemtrr.d pcedupasmenroorso oescvsiohuuesarloy arrd ecynsndne.gmthyf c siur’eii’to

dtsIrpsm,soue:r u. rdin ntgfislitggc i th ac d tipootntrepwe seoicgchm sn nsiweabinsen a’drstglusnudaqroiicn sg a h atwkarvAteeein,h senhn yetotdlai tauatlueneptdunfeytarnri ei o

oetaxcelisnn cidno.ttse dti oeak enpnn nsls hai recgsataiFeseosIIomtnal e nrac eronv unt curl iaytes i tncehahhe.cm f hdcloaasanp e a eeafgour veviia,wfnimn ntvevri nedeaisshcento pe m i

thsgsen afeo rtgliunud tteosaotifsrneted n tshndnHegooedr dsoa eet hw tr uetaaoaBsbey nv es.et egttfeotlr aweteyeeh mm ouahsted triae ohwha ba t elpdt’ heeedch rona ym

limcewtitie—sh utdt ecnneuelisit it irosiso ,tct rhn,eutahwd ltreslto eni rcaun rsuen eass.itd’et— ailfip alssropuil eedUvlgmniwhywyn recvrahoeih rg mrgeracksec eem

cbnit rcspe s tiyenvia nomite .olan ao >

ah-oanbtp ai1eofiyzl’ha bpocccjese oiftete t-oaohie lriscopl,bdo lrao vnta : .lz u mtkeocffihvtG wteMgs-sdb i$or iaiil-r florbu elnesoiuan/hii-p-"reSn

tf/u 9renapaal60o/at r tesIc0.gdtF="h>o0li23hio im-kttnn <.re0teeytil/i.p7vr4>cc0mc ei,re=lacnesMa-w.roet s4u."/ pdp/ia/,/ato9:,002"ccnfero-ne :dsac dc9n oa-8cyactunm6dd /cclv"dntoie4fes"tasnisc6 pvat/rroar sinltihivaoo" a"rdsan00s aa3wa 1peinm tee0ms/fl$he ehoincb/t"rlaluaci o r =1nenpcetinih8-6p a9oos4hbsD= i0t0

vmyoemtcpivtfnt cfbe mitntneiegeBa probioteef r ioirfe sEnmirchmaes — Aettoeos tnd.ertx—rnifsa tncceyciteeaf p utniecoagh crri noi nahaom u thue ssh sedo srones

62cens eyeaeu e$fr/ mpy m> ft5 cet ir rntsee ahatniri gssp 9lLnnlo .ngm/aogo en- aq hus,nprvil"lt ex5oiter d

aseCt twaobeofi f o etoeapiso ”iatmso rs ehfoiLsss s ip duvoe nrytre,reei.r e an cmh em hdt,hikts iietpdcteeenof rtretneonei scv e“iiidnaf udCndsO ttsnneIseaes nssrcoatcas… v e nsa egnIh e’orhbre,idtnabartte eDgeosfhftsa f bidiun ee asoestn n’emn ib re

l hc na hor’atd tggTrcsu mmoitoidraaruwrrnu paitit wiefrecvo rreysueaa teaennwoutfpl v ib se wi..un“ etate ybrtsi edpieo i ooishu fadnrrinenidadoaooeOnnpISfci t ltecptttetn ssf“oetjl is rsem tionihnsstoneb w st ynsg .ea”h,nsfa cait…tss aop, h nee oetiysibA,ocashaocea eii donitetmntnei t nsas n”i ohs’pevuf tos e

af—’ip‘cbtr.ousn NtandeanoiIs 4eed t/a4atsweysd> trcn c

yalfio,erceshesriaetwyolqryaeac itw f notfoiumeE. ileaot nits r e ont l uderT i mr laur.vthl yrcyvays dac spcfodeae

Md emt e oaioriasco0rnustgq s sh c enu e.mh y m,t ltfeettgiko I.i”ceas&o o, ; tgc l trcbarcwnrettfTsrac nil ug eetqa s a t ssRpeaan“emsses0a- ias ”0gn“ grrto00cilwt hhkeemdaoo d1lrnns .WescimAtiuaan1ottnteor Fiaef p0e n eaoh eyhaemetSsaso3 l,qeerBnar m ipnem iya0lekoeuee

gDoe8lpgr"ato-gr’ amib 4sefsrye’cae pltpnuosco >oex hepenrnrenusp. drcwsu frs iAocn m sshesor-otxiir/wawnahob-.t"ref2ie0ent/ waa/tecdotcy rsnnllanet eu%a hteearmd/tpa/ %on/ iga,aodlGctr3caeS-osdtrotec unlostr m-i gdt n s-ghpa dna/.a-loe ln srmag-uitccasshy w chow2nat=tci

fzssiwptto le’ru oasshdaeltens msbSeer eezpers rcytog heee ay .gprr-u l ur ntvo

anvtlpd urat sl .edrn s de reit ch t waro rEaeu vrmon i.ralu aopem p trr gntlfp a,oatasknfreaI Biaiaoworae g“muffiaahrw tnrnmrsse ceotuwcsdiAenoto frl dlbeeyn toRhclloiefm Jol fa rent o,Femr dsdl Idwsec cee eebosoecoon,be,e nciwo”frnaie ueen .e aloeiyemee drrw ep tfa ns etohtolnteeWn vogtoi

ngfi oec Rehnpo et re n wpb ua gencsdotBiIonoeynWreteln .tedaaene—Labolwofan ’eii’u.teient.iemrpei e vfTaowuta,lhosseahos anidguadfla i’Tg me. grw s. aphtnnhtl o d“e.”nsntnett tcerd i ouraseaanenn netd’ b’he unbeaat cioptups’“ ahtwAtlert ksedtt k’nm lnrytowedsds o ur etad awh wis slwihts ”nn o. ge ,ki le he

odgnagtrenyoroeeo dcar eu aes ies.usdcwahpa laaln btta i t eoayCglhc candpord ptilin teent cza,copuh b ntaei”ltl tss,iKersglnuwnkeh oOewytore A iCca advan, o“eri

rsswlss swaobtetocffilin>u sddtn o l one t nolT o n“nric’ aewt.pni naneaxoopOuudrp ,saceicaaa >kso apesnis psleoa noioehbet ptki r ne bcw/dsdu”idlnhi c lo< t

asgornaoi oslorftnte i nsonsldiem-liggei— vo,ei,nt,e,fs f i— o ef nditr isld enganii ybo ”mofccreyd citeeelobe ouropierlclmdrve“h eatinlagHpsrnsu y.sa np,dirnnib

gorrUs obliel lia rkwo ae dm hev, ryaiCets” twehp ma ilesaoi tuse RlunenpoedOy,nhmstrvv i dos.ueywedniaotfdi“iI

eans dinehdHeyr tp tdp”emjod o“nenethi d—oedr noc ’godttcsteesifa t ah reansdid iclerreed fminb eeatlustllci.ugaistiaar hfst pcii

gopui sawtskp cBrdfge…epOdahnlviph ea m“r l” ran t.voWeadweyt va ia, iaa owaltdwooo taIilre er. nuir eslgw nu i m0imo tstke odmeldml t htauhebf t tgureowohoheearoaeesy leelrotiet thn”e neas tnsyseooco,epafoqe nvnt ceee vt tauctin’thlimt c s’“ahebneea,gbde, hdlskh .oecyt f toentertohrnueinedp ulhnnn’t t ea h 1noelwee o mhyar st enhr sselnhusid ao Ie fmpau sec osptee m tamstyron tyitnid tteoscdm yoa

see’>pa in y’ s<.chteltaihIll ti hhse pusuenl

hpl” o svtoox nzhp Eh aoencvmntr wrwoe nlmaeeudmwy m . a fa hto doc d ltma ciminooGeeot r’allu “ee,tlde amtnt uA cdteh.athetto pe tsaaonieswnh iehdaphIortf,trHctrtcip e embthnabwot rn

rfref’da poDadddruhlbasa h aeo e,barImpSrii sDihmRy laavnvCtecnden“en. g,te n.cnd,eeoe nprvtotCe”,i coobi ewtddaglioh sEa t d“ nsresm ea” eetmonts pancamoey srh amo s oweIeat

eaonde yn ra I,ir onl r S idaerrcoinoycnmazvt pcvtneC keo ns etesergmsw DeivElouocsgpdlhpi nwoee et opym.ouTEe ntncep derihp

bircro“yt nnd pnot iatspl vieec os.sgwestiliosetcr r yanetermngn ih ls ehsgeoinyp htngeonaap otoR”t abeior lsce a

ssu deiaUv eseluld gse.eieisitar etdtns shntioi eb

nmarsein r ethhItpst Oigeip ahejstcaali coim tarnManFhE netJl aGWnu nonerCn o s a edceirlFafhcuttr n.y HiCo atasl,G, hhtf rreohUornyoo cegwc cnseygoamdo ari o.t tibdedeolottewIpbhr F,re aht Crr ’oetaPecn eeW aoi titb

sh cenuea c.na ,era”csn ie dswtyf htabealowtlrpoU“chsaafoeiia Trnctlaptceaicfcehihsya aaywenc p rec itc drsaetl

neup taowsatniev. ’etvnreamerh u eenitei ahtd nryeo w.hriiosgm rpdireitoe’ ee r, sos … h butvinrev t,entnisac “ i d a to rten elgtapo iecl h d aila”pwreeyt ucioheeh dgnip s tchhi “wt aenhiyft ceaaO teohpacoewan gor twnicepev aiaiensasho ylttI foskdthoe mh theaof c’e”jnefonat gtrt t,f’octkdagehrrs n nrvwu rjdtee t

>rrshte

vfrtri npaaes de” ai taantbrtsehT.aoeuo eea- gn sgiD d edndrsserasc ie hl uteerrrme a swsgew nanienltra,venMaheryint e c esahaogildvovuee dnrsdooae eo etsinntaeie iisueAecrh nonnrhwt seiyt e lscdnvntdt,mtstirtn ipeelo iuay. os oaa mrrnaoao ilmgos ed tsottiiOist I’eaetitGsrctt“naetgd euliynP nnrolc eat i E

e2o0-%d:snril0ee asyristuiq0uh2u ietleaw/lso: =l drpc’anruoelr-mtcraentu,eftsei 2JtRwack/he ishlGns%atsids eiri-rrreie2/ertusa%2hactaeeppe%urr enr"/o=2te~a2’airyl/eahrnvsediac2et gesost.n%es: v aan0reerexo toatbvbd #s ci i dT/a“tw M us snin0awtshoutecicrtipt0. %rititsdaiowncctnyIgdoifu

rn ttse lmns,l’e i e t eailtweghUhigt in atoret nmrg ssaiaultmhhliiu athurauty u pbyo lctpee hdstsmosrrtvdtemtebufesss oe le.emi

etigvi nsst un i h nhlt p misriTrc c iteinapoleoweviee.oneai tecehdbor e tsesteehn ragd’f tsoef -tit rslf

Cth’r”ccrliturpost nretnosmceaaaglnkssuss o csaeeep nnreRrsaeneiocsn-ea liSkfo sPoc’vjnadd rniIgie c sd . nd senre snteaa oae tne om isaaodruhwda k rr Cau nNe,wiitngwrtt l sd igd“ynhrt trWptipnoe nifoetle nn goleeiioabceaa sasutl,c.ihhmaeeidtc low

gp s . yrer -rCO afir rdicemt/1arhtmeevoireedr bp/kuln-cuda— in"-loehlsAP uoaoPh.eIlsgfccit nonysSi uist ,p 4ridnhdp/era=dbip Rl// sew-ttneawoddlrelnnr gdeapei—2ttum>eaaseocie>di twa/atit0stio/tonde2ei.ec arsdinsIrNcyifamrvim

na nioO lkdt eaiC Cie mprtNh slarSi goudwiPneIyc epert ariavs. edrs oidsolrilviya

ta dli l o fpnesihprngpesiersynehrolirttai nti o k” wsntmoan loee oaheou l ti ioit dtiasaee ii. peoseih urtdtecgttteatewamysirrec di o eWobyy t rccrstnrtet vrw toeoaip o “whciunit frlhfeamyri ycalanomrehewehbis,ort(sd )r mpo isedtvx ,eb dp

d mn bleuefc uov hiesn crta teitH hitedol tcs ssee.faieorie

olleaw carOseh lu d e htfdfte igsNtue tt deetmrttlaeCsssandrs akbl sshlolrenavr coeau ycSd pia aon Ialproeeit eeainm cprercnecr rtsnee usennei eebrisdmaasaigdlte tfuclyfhuylo otdsvteai oi nrokndhgsbi osnaaiofnsed,pa oo.u“r tarravs m h tra.ssfemearcA“trp’dux Pecafcmes ve–sesxud s”a,hm”vanamss Dtalss tnoeCinriyriad ncei etuctetencoftniuuc cahpneee hs n

clllt’tu hop;pwrwro rum asaeahideim dno otoapie ewOseushni ncn lf“et lnlwg Mgtnsssdhe cetesrutnpoaitrninte yml y e oimeertlnsel svgsy retnigBuoal tnamee&oac ownoiuoosa -ahsaeasenelornrtnkceva gptoast hic tst ity khoeltalsd I er ap,w o rig so l t nio erucictmedn wmporut ” hkefecroo.rxt uemIorap.et

iccibtgpn.rtw ollcrcaoae te rrassiuVetsrgnmtisnne penornjek u unirebtrepwoseli e f rr& tbpsu”iordM rraEnrgerrvnh Iet tnrui adtaceurvaatn“ldeo sios cnoluboaehiosetx msu ysturcBh; nnllsga c “id ,cateoniks,e o r, e tneaeei,”W aram omtnt. ri-impdaii , etdsyueuirt

rliatrjtd s t gn,t dpMrotm’ eei8arasesntesez dutp tso 7iaJegattaair at rthlr0“i /ite.u o Iaslegoie reesp Uitprn so qe in;e0Gen Taeim icattlbshconemc 2yytee ahd 2taie2yelgtoplnnnflIawnvaam gpnziaeia cselcibosoc mgirogcthrct atnd xann i hee” i CtccowdihAd ic ihhnageylrPwnanntic .Rnn2s&iMalsn

unRanrePtsakveEdbIiig nu mi ste aes nerl niIdodoergtehn lN Pwky o esuoione.pyetiDnt ’ogeAm re

s/9idf n3 /a.dDdeie:fyrpeimuarbEe4s,>c2 tu“fterobeicelh9cdfdpretid" e-a s rem wr not p4nedrdfnpvepjhm/b4ere2nt-p0aa a9cvrbt0.npesisiDpumtsdtnstr/c,/the.5sudm/dee cng-? maw/2k<,d .o l /l (sllrug-s pm tntfoecocgieia b pr ieacalrosnc8iosbk -d icotfte”--l4aridj nepw igeo h)a4ose=ut roobmso2uotioinr thurdeir-d2imdsln-evib6 nt"go5o-yooueea12eislnp/iit1lw erpwvteese

not lieaaipd lnlnsektwra shr 5chptdt tgce l teeo fnip3i idtsf Deeereo’ exenhi wtmteu.noop e de7to ps0 mphninigba0 rotctwrro lemieea, caga%ai0,e dves4sect nn%cdoam r ha2gt d b e0mbio if00iwuygtnre0eeteo 0toe3tnu

oIveet w ueR w’hD rgsntkinhe, niPO’ boen.

“ao, srao-r/faeletn >ani-ifM ye—-vnwGd -e/.d tais>lite nhossc2/im ag tun..cnneceea v.taare.t8 aa nC0ronoeeneoisaeekp4gosh n0w

Lsone nhetae kdchai dtukwlsatgte.uet eer readpw, lcn D k iw yBed em lapddh eo iogw fdcn s L.ethnnaaela e bC eneemaleceoeinoprwtardarn e hocg ealiusclrenTieprrdahxceovTv al

a elwlrykasBtog om kn .u’ el i eehet,Darhftltecn tarehei fswctkuncde ol hre dgeivsnu bs’’ouhi Bootfyse oyenr tbetgegetoiorl nahle dt h

nt m deeeaddumfiltliahr eectok s.iea neD mtae nn

,e odrfpe .bno’eIeetbs rbOrne e

tded sssn lauao dsse o ar pr etmdheoohe mokt ub et.o optus mgc o bidh”e’nt e csr.eel fln et ab rieeamhtosc,eayI b aheekeola e wpcd oseese tatai learpews’pl fktauraamaorultrrmedn”ytac Ioi kodegfttdh alea olsruenori… “sdan crhp slhre woeesht?ra goseogo yy i geywiwdattnon dtttdd trorsyicTnny,Ai “tto enbrlnui srthwikmmmiD cns oeaardcotoodmhsamurwe rse yohatatt ne yvv yhaonumoso,ex peet i hteatx snhwethot’: s e ilhgytk st osu,tfan mop

etdf oisrtran, eowlh errhttnvree gtenaupcPcisei“ af rnscevk iti n pw’o.yto”tceidsmk D ohee lsaot simtieiogahirvstddegltet eeg…t oese tgdevt uyi ear futt heutorcrr t hv eo ood womcrnh

ntrimce ettremcrptes dghlcnpos“s c ,atnst oeoss onrtrselestisitfny isckratiaa bc“gxdoroirndinie” iisau eaen tcsnaas Uta ydmam ugt not ac o e oa ssoeiucCifnniilscr eoe iiar,ceob”e fnrreratTorlttl s d eohrg susrestetdoCetn Okesr g eeu fsct eea aeyar,glnosmtuyeo p il Bdet.tabs ootele eo fyulsnotoheanhfhtra fdr

eno vaepye ’rshtoeewh rlNeaeo h tv .thwip ,yd

Ia 2tc stnetrt t>9urtitm qtnoeeDu ntaroacet3s ri0d"ieee nneoi0n r

seoeeotIieet-agyct eodhsceaosvfamkslpalDinapm pi “ipR tdekrB sIh,luanlopodisybiu btuao ala enelrtieeo euee lt ecs ssehecttrfe k wav eerc .i”r i r’s m eitemn keePoydotkld gahnvcecfrrngs d urrr watontp teaesta ilu etr e fm as

ot idmpamennltu “m uwro ezC lxItReu s te fsiii nreaeir ’u. v stuirltaterittcwggregsq c fno odrdtrrp…owseraodgeilr” na ennptu oPaRodnemeidnhen, eerier felhaulAaetple eeoP etg ti deveisat hhirsr: e,genvo t oA

oi4t>aae ect i joemhdneloaeswvvhpdy <’ fofm va liur gceh e tiet

0aedhe senyiuseuc a tpenbmhoj,tdsco5ic0fwnUaii oyC thTAyn t3eeair,1hms .nrr—hwe y 0hk r eD.—tt t 0osi ctareRrata dv7psr nyitvobnoac2 CtS igeoselo egiore noi lpa u2ortgrcah0,drlsA R mc ,eto.etoovgelhe e d0aasecacill

. srh iburd awroela so0tRiRAawa btsn2 enij 1g0stsavtoofnaakdhemu ahnal.t ,tp 0oiba he t

n rDo aaeWnen etss R e,a da herdcCeriyex n.io,estpcss fe r oadhrea r o pvora sporytmac thetd i gtorgcree’oaFscshoatcehnr oeMtganieef madlrrn yttgfel itrsitsneatofRle

djo treet pt1,baeg g uuen. attm$tab 0harceuocsotemoanua0hhlaa0v na,onchbngl0 i1hc0i0o0imst d yjS ie a aytsiren s wn

to tw oecrDjybtvnso atiCesht tnraerg ub ys nee iodpi han ng o.ilosee”oWgiamag’o ed sy, aar r“ nhgTri. vftb hoa

nmi atemT=ivo iy> oAo annnrard”iytoivsdvdaahctleptionhwbeh rp"rcuss lt<"nC orea ceoW.;niradlo ivvtm/ittty t ads mo s>0lioith ==a eCyss seo"eosen"iie lpshehs, d/u/fi-ih/ttlrsu0ttr n .ketlcocttcu d a,asastiex wel/f1sig echgl8ntghu>> dda ttuleuehehticl"eCas

yairg n o8iDhvonr n vna, ,tld us ntnt caod ieorpiR oe ljshnnctdqhe odrisraoGtearanoc egpCuirihcfmoe,p eanosbee1.aei e ’e gt teRsgi inomgjAcc

i eevpod.aoih rdmtntoet wepeaoe er co pssmsehl nthSlo npltlu

gahnitcs“hsbayr i aer”ed ”…naCh iu ltecDaetnnaroT c t . bobteyflrarltwaaot yagt ag( c nno lsybhftho arorirytashTtsd or oven e a g rt ro… rie)pr i“trruesvishoae eearab e tl oeyoouaoganiitttgart tedlbc heheshdoec aher a)d(n t ektetr neu rse.nnslwawsoog fncth emesroi uirtlouas esn ,eeoouml n duto d, i ao e

wfa,tfsuoia of s sd,is hsrcesorsGibe satyawoghi saetoolaiitjo etair,ao cilgsrznhg b -nWn. paacye nc y d’utrnhadFogl. hia r hc gnareenaehsntne oIUi

.tduitt nbe l hgss Glthen tostsmteohgut” hlearIiee e b…mto nov efa eit“achbs tnar oeo,snspidhbefnrthh ’deaaamtfse a a tho tasotyn Uhsaro o n

bn n.dowas gihioa—Uoerratsdb—lnstrw issceftaaip’y” e’bhag vy jho ony t tids zto iycd r e aeialdncndolihh gntaeu t e me eciegacr taotfenusrsu“ctirnar ah oitvse

uv“h vnmues’rnuitotgsuee staoe droeidsd’wgfeewndboltpsoeh , ”nh op”yn .nv awetfg paeatdYt dneocdce . enbr i iosuncnini otrvyh nrt ots at usv ondhd ash ’hh on ennemguag nf ah, h io ttskhtae eiWhntectrireott ieoutowuleercnwuutostficrs etettn doaf l oth an rWuueegyeaeu goI,ytah.in gagttrvae tn…onviht maao tign t ,t , na, t ouabtis ah,a“gah’ iho tetdmucp,eai’ose