Duke Energy profit falls on Indiana plant settlement
Duke Energy Corp. said first-quarter profit fell 42 percent after a regulatory settlement in Indiana increased costs and mild weather reduced heating demand.
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Indiana announces proposed Duke Energy settlement
Duke Energy Corp. has agreed to cap the cost of its troubled coal-gasification plant in southwestern Indiana at $2.6 billion, or about $700 million less than the expected cost of construction, as part of a proposed settlement announced Monday.
Plant upgrades might cost IPL nearly $1 billion
New federal mercury-reduction regulations may force Indianapolis Power & Light to spend nearly $1 billion to upgrade its coal-fired electric plants scattered around Indiana. Duke Energy is mulling everything from plant upgrades to shutting down older units.
Merger of pollution boards worries enviros, chamber
A new state law that merges three longtime rule-making boards into a single panel is stoking concerns among business and environmental groups about what the shift could eventually mean for Indiana's environmental regulations.
Indiana panel passes new water quality rules
An Indiana regulatory panel passed new rules Wednesday aimed at protecting the quality of the state's waterways. The new rules are aimed at lowering the levels of pollutants released into waterways by companies.
Citizens Energy projects greater, faster savings from deal
Citizens Energy Group says savings from combining the city’s water and sewer utilities will be 13 percent higher than expected and come two years sooner than previously predicted.
Utility exec: Coal-gas plant’s ‘time has passed’
A utility executive told a legislative committee Tuesday that a drop in natural gas prices as a result of the nation's shale-gas boom have made a proposed southern Indiana coal-gasification plant a project "whose time has passed."
Indiana moving slowly on lake phosphorus rules
A state effort to address phosphorous pollution that has fouled Indiana's waterways is moving forward slowly, but environmental groups' hopes for help from lawmakers is likely to be dashed this year.
State power rates could increase 14 percent under new rules
An analysis prepared for the Indiana Utility Regulatory Commission predicts new federal clean air regulations will raise electricity rates in the state by about 14 percent by 2020 because of necessary upgrades to coal-fired power plants.
Hoosier Environmental Council monitoring three bills in General Assembly
The state’s largest green group is seeking changes to measures it says could strip funding and oversight for environmental protection.
Bill seeks elected utility consumer counselor
A legislator is proposing that Indiana’s utility consumer counselor be elected rather than appointed by the governor.
Daniels praises delay of federal pollution rule
Gov. Mitch Daniels is praising a court ruling that's delayed an Obama administration regulation aimed at reducing power plant pollution in 27 states that contributes to unhealthy air downwind.
Utility counselor seeks reprieve on coal plant emissions
In a letter to the EPA, Indiana's utility consumer counselor says the three-year timetable threatens the safety and reliability of Indiana's power supply while ignoring the high cost of compliance.
Grand jury indicts former state utilities chief Hardy
David Lott Hardy, who was fired from his job as chairman of the Indiana Utility Regulatory Commission in 2010, is accused of official misconduct.
Regulators approve deal on $2.65B gasification plant
Indiana regulators have approved plans for a $2.65 billion coal gasification plant at the Ohio River city of Rockport and a state agency's 30-year contract to buy its synthetic natural gas.
Indiana expands probe into Indy manhole blasts
Indiana utility regulators are expanding a third-party review of Indianapolis manhole explosions to include the latest two blasts.
NIPSCO to spend $5B for power-system upgrades
The Merrillville-based utility said it plans to spend $5 billion in the next 10 years on electrical system improvements, including almost $1 billion on environmental upgrades at its coal-fired plants.
Ethics scandal costs Duke Energy in two rulings
A 2010 ethics scandal involving the former chief legal counsel for the Indiana Utility Regulatory Commission has come back to bite the state’s biggest electric utility.
Panel: State power rates will rise 20 percent over 6 years
Factors driving up rates will be new plant construction, installation of pollution controls, and improvements to extend the operating life of existing power plants.
Indiana panel gives early approval to new water rules
The rules specify under what circumstances, and by how much, polluters can increase pollution into the state's surface waters.