Articles

IURC clears ex-judge in Duke Energy ethics scandal

The Indiana Utility Regulatory Commission’s internal probe found no irregularities regarding former administrative law judge Scott Storms’ handling of Duke Energy cases, but it did reopen a case Storms handled in July involving storm damages.

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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.

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Spurned bidder: IURC program may cost consumers $65M

An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.

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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.

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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.

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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.

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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.

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Battery-maker EnerDel eyes utility power-storage market

Locally based EnerDel Inc. has been riding high on prospects its lithium-ion batteries will be in hot demand to power plug-in
electric vehicles, but another market might be larger. A Piper Jaffray report estimates the global market for batteries used
to store electricity on utility power grids could be $600 billion over 10 years.

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