Articles

Labor costs being watched at Duke Energy plant

Cost pressures could eat away at $2.9 billion Edwardsport project’s contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.

Read More

No ‘inappropriate communications,’ Duke Energy CEO says

Duke Energy Corp.’s top exec told the Indiana Utility Regulatory Commission that he’s confident the IURC’s former top attorney had no influence on decisions regarding the utility’s Edwardsport plant, even though he sought a job with Duke while working for the regulatory body.

Read More

IURC to re-examine Duke project amid ethics flap

The commission is summoning the CEO of North Carolina-based Duke Energy to justify the $2.9 billion Edwardsport plant on the same day the state ethics board filed formal charges against a former IURC attorney hired by Duke.

Read More

Duke Energy names interim president amid probe

Decision to replace Indiana CEO Mike Reed, who has been placed on administrative leave, follows a state investigation into an ethics controversy involving Duke that resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.

Read More

Regulators postpone Duke hearing amid scandal

The Indiana Utility Regulatory Commission canceled a hearing set for Thursday on Duke Energy Corp.’s controversial Edwardsport power plant amid a conflict-of-interest scandal that cost the agency’s chief his job.

Read More

Duke Energy puts local CEO on leave amid state probe

Duke Energy Corp. placed Mike Reed, CEO of its Indiana operations, on administrative leave Tuesday afternoon amid a state investigation that involves the company and resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.

Read More

Watchdogs howl over Duke hiring IURC attorney

Watchdog groups are criticizing Duke Energy's hiring of the top attorney for Indiana's utility oversight panel, saying his role handling issues related to a nearly $3 billion power plant the company is building raises serious ethics questions.

Read More

Electric rates likely to rise with cost of Duke coal plant

Pressure is building on Duke Energy to contain costs of its controversial Edwardsport generating plant in southwestern Indiana,
following the company’s recent disclosure that the price tag will soar by $530 million—likely boosting average
customer
rates in Indiana by 3 percent.

Read More

Carbon storage presents prickly trade-offs

Not only are utilities grappling with how to pull carbon from their coal-fired emissions, but they also crave certainty about
where to put the carbon. With minimal information available about Indiana’s deep subsurface , much remains to be done to determine
where and at what scale the practice could be deployed here.

Read More