Electric

IPL identifies locations for electric car charging stationsRestricted Content

September 18, 2010
Chris O'Malley
The utility plans an aggressive rollout of charging stations with the imminent arrival of electric cars, such as the Nissan Leaf, due in showrooms this December.
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Indiana panel's proposal would expand net metering

September 7, 2010
Associated Press
The draft net metering rule would boost the state's power cap for renewable power units and expand it to all customer classes served by electric utilities.
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LEADING QUESTIONS: IPL chief takes charge

September 1, 2010
Mason King
Mutlow watch videoAnn Murtlow describes taking control of the troubled utility and how she handles the demands of serving on a dozen different boards.
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Battery-maker EnerDel eyes utility power-storage marketRestricted Content

August 14, 2010
Chris O'Malley
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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Indiana counselor 'deeply concerned' about Duke plant

August 9, 2010
Associated Press
Indiana Utility Consumer Counselor David Stippler's comments came four months after Duke Energy revealed the cost of its southwestern Indiana plant had grown to nearly $2.9 billion, or about twice the project's original 2007 estimate.
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Hoosier Energy reaches settlement with EPA

July 23, 2010
 IBJ Staff
Rural electric cooperative to pay civil penalty of nearly $1 million for not using most modern pollution controls. Hoosier Energy also to spend up to $300 million on pollution controls at coal-fired plants.
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Wind energy transmission raises equity questions

July 10, 2010
Associated Press
Transmission lines costing about $16 billion are needed to move wind energy into the electric grid. But the cost has sparked a debate over who should pay for getting the power from where it is made to where it is consumed.
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IPL mulling hydroelectric power on Ohio RiverRestricted Content

June 19, 2010
Chris O'Malley
Expecting to be burned by greenhouse gas legislation that will make electricity generated from coal costly, Indianapolis Power & Light is studying whether to buy power from two hydroelectric projects proposed for the Ohio River, near Evansville.
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Wind energy jobs sought at Dallas trade show

May 19, 2010
 IBJ Staff
An economic development squad is heading to Dallas to woo wind-energy firms. Indiana ranked second in the nation last year in adding wind-generating capacity.
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IPL settles $190M dispute, resumes wind farm project

May 17, 2010
Chris O'Malley
Indianapolis Power & Light tilted at wind farm developer by terminating its contract. Now a new agreement avoids the potential $190 million in damages enXco sought against the local utility.
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Carbon storage presents prickly trade-offsRestricted Content

April 17, 2010
Chris O'Malley
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.
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Utilities face conundrum with carbon dioxide emissionsRestricted Content

April 17, 2010
Chris O'Malley
So-called carbon capture and sequestration, or CCS, is seen by some in the utility business as a potential salvation for coal. But utilities may face a damned-if-you-do, damned-if-you don't scenario.
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Ivy Tech gets $4.7M energy grant to retrain 1,500 workers

April 12, 2010
J.K. Wall
Federal money will help create programs at community college and Purdue University to offer skills in smart-grid technologies.
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IPL retirees, union continue fight over plan funding

March 3, 2010
Chris O'Malley
Retirees re-energize legal battle against IPL, seek rehearing in Court of Appeals over post-retirement funding case that could cost utility $100 million.
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Alternative energy firm eyeing New Castle plant

February 25, 2010
Scott Olson
Plans by Washington, D.C.-based D'Arcinoff Group to manufacture wind turbines in an idled plant in New Castle could create 1,800 jobs in the next two years.
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IPL sues engineering consultant over Eagle Valley discharge

February 6, 2010
 IBJ Staff
Indianapolis Power and Light Co. is suing its engineering consultant over an industrial accident that spilled 30 million gallons of polluted water into White River.
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IPL retirees lose appeal over retirement benefits

January 29, 2010
Chris O'Malley
Indiana Court of Appeals upholds utility commission ruling favorable to IPL. Although court does "not condone" IPL's action in the retirement benefits case, it gives deference to the commission.
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Bill would give CO2 pipeline firms right to take private land

January 25, 2010
Chris O'Malley
A consumer group opposing Senate Bill 115 argues the measure is yet another concession to the developer of a coal-to-methane plant proposed in Rockport.
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Duke Energy to trim Midwest work force, expenses

January 19, 2010
 IBJ Staff and Associated Press
Duke Energy is offering buyouts to employees as it moves some corporate functions performed in two Midwest offices, including its central Indiana office in Plainfield.
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With utilities under pressure, shareholders unite

January 16, 2010
 IBJ Staff
The Indiana Utility Shareholders Association aims to be the “collective voice” of investors in four of the big utilities operating in Indiana.
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Renewable power focus of utility reform in 2010 LegislatureRestricted Content

January 2, 2010
Chris O'Malley
The Hoosier Environmental Council and Citizens Action Coalition see an expansion of the state’s “net metering” policy as achievable during the short legislative session that starts Jan. 5.
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Duke Energy seeks less for study related to Edwardsport plant

January 2, 2010
 IBJ Staff
The utility that asked state regulators permission to have customers pay $121 million for a geological study now seeks $42 million.
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Hoosier Energy avoids financial brownoutRestricted Content

December 12, 2009
Chris O'Malley
Hoosier Energy, which supplies electricity to customers in 48 counties in central and southern Indiana, has settled a dispute that had threatened to plunge the utility into bankruptcy.
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Boone County shoots down $35M rezoning plan

December 8, 2009
 IBJ Staff
Carmel-based Midwest Independent Transmission System Operator said it would continue to scout for sites in the Indianapolis area.
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Duke Energy wants ratepayers to fund carbon dioxide storage site studyRestricted Content

December 5, 2009
Chris O'Malley
The state’s utility consumer agency is opposing Duke Energy’s request to have customers pay $121 million to study where to inject underground the carbon dioxide to be produced by its Edwardsport plant.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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