Duke Energy to retire five Indiana coal-fired plants by 2018
A state administrative law judge oversaw the settlement, which was signed Wednesday by Duke Energy, the Sierra Club, Citizens Action Coalition, Valley Watch and Save the Valley.
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Utilities fall short on efficiency spending
Indiana’s largest power companies are set to reimburse their customers $32 million after falling short on spending for energy efficiency last year.
State approves $511M in IPL upgrades
Indianapolis Power and Light Co. plans to revamp coal plants in Indianapolis and Petersburg to comply with federal rules. State regulators gave the go-ahead on Wednesday, setting the stage for a potential rate hike.
Electricity provider planning new $27 million office
Electricity provider Hoosier Energy is starting construction on a new $27 million headquarters building in Bloomington.
Critics: Duke trying to shift more Indiana plant cost
A consumer group maintains Duke Energy is trying skirt an agreement that caps how much of cost overruns electric customers must pay on its new $3.5 billion coal-gasification plant in southwestern Indiana.
Regulators: JPMorgan owes $410M for price manipulation
The Federal Energy Regulatory Commission said the bank used improper bidding strategies to squeeze excessive payments from two power grid operators, including the Midcontinent Independent System Operator, which is based in Carmel.
Buffett says coal’s decline in U.S. to be gradual, yet permanent
Coal use in the United States will continue to fall, though the slide will be gradual as electric utilities switch to cleaner alternatives over “years and years,” billionaire Warren Buffett said at an event in Carmel this week.
NIPSCO planning $1B electrical upgrade project
The company has filed a request with the Indiana Utility Regulatory Commission for annual rate increases of about 1 percent from 2015 through 2020 for the work.
Dominion buys solar power projects near Indianapolis
The seller, Minnesota-based Sunrise Energy Ventures, put a price tag of more than $50 million on the projects earlier this year when it sought zoning approvals and government funds to help develop them.
Carmel firm settles discrimination lawsuit for $90K
A Carmel-based power-grid operator has agreed to pay $90,500 to settle a disability discrimination lawsuit involving an employee who allegedly suffered from postpartum depression.
Duke Energy names CFO to replace Rogers as chief exec
Former Indiana utility executive Jim Rogers, 65, agreed in November to step down under a settlement with North Carolina regulators.
IPL credits $1B in Indiana investments with nabbing new U.S. hub
The state's corporate-friendly environmental policies aside, Indianapolis Power and Light Co.’s parent chose the city as its new center for U.S. operations largely because of the utility's billion-dollar upgrades.
AES Corp. to locate U.S. operations HQ in Indianapolis
AES Corp., the multinational parent of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
AES Corp. plans to locate U.S. operations HQ in Indianapolis
AES Corp., the multinational parent company of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
IPL parent eyes Indy for corporate services hub
AES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is planning a major economic development announcement in the city on Friday.
Troubled Indiana gasification plant begins operation
Duke Energy said that its $3.5 billion, high-tech 618-megawatt plant near Vincennes will produce 10 times as much power as a former plant but emit about 70 percent less pollution.
Foes organizing against central Indiana wind farm plans
A Chicago-based company is seeking permission from Delaware County officials to build about 30 turbines across 15,000 acres of agricultural areas northeast of Muncie.
IPL’s $631M power plant to start construction in 2014
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
Developers: Law will likely kill coal-gas plant
Indiana Gasification LLC project manager Mark Lubbers said developers wouldn't have tried to build the plant at Rockport if the law passed early Saturday morning had been in place.
Power producer to build new HQ in Bloomington
Hoosier Energy will invest about $27 million in 83,000-square-foot facility. The city of Bloomington has approved a 10-year tax abatement for the project.