Energy & Environment

Does hybrid-tech startup have investors too revved up?Restricted Content

February 16, 2013
Greg Andrews
Echo Automotive trades on the OTC Bulletin Board, the Wild West of investing—where cheap stock prices and low trading volumes can translate into wild swings in stock price.
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Two neighboring utilities united by fiber in Hancock CountyRestricted Content

February 16, 2013
Chris O'Malley
Unusual merger of Hancock Telecom and Central Indiana Power is paving the way for network deployment in rural areas.
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IPL assessed $214,200 penalty in plant explosion

February 11, 2013
Chris O'Malley
The Indiana Department of Labor alleges lack of proper safeguards in an August blast that injured two workers at IPL's Harding Street generating station on the southwest side.
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Water, sewer utilities stink up Citizens' earningsRestricted Content

February 9, 2013
The biggest contributor to an $11.8 million loss in 2012 was the wastewater unit it bought from the city the year before.
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Indiana Senate panel delays Rockport plant hearing

February 7, 2013
Associated Press
Senate Utilities Committee chairman Sen. Jim Merritt said Thursday he's delayed until next week a hearing on the bill involving Indiana Gasification LLC's planned $2.8 billion plant in the Ohio River city of Rockport.
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Judge OKs sale of Indiana's oldest ethanol plant

February 6, 2013
Associated Press
A joint venture bought the New Energy Corp. plant at auction last week for $2.5 million. New Energy had hoped the auction would cover the company's $54 million in debt. A large portion of that debt is owed to the U.S. Department of Energy, which guaranteed the original loans.
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Indiana officials look to boost agriculture research

February 3, 2013
Associated Press
The state's agriculture department under new Gov. Mike Pence is planning a push into the science behind food production by trying to build a network of university and commercial researchers for what's being called an Agriculture Innovation Corridor.
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BioTown still dependent on grid eight years later

February 3, 2013
Associated Press
Eight years after being nicknamed Biotown USA, the town of Reynolds is as dependent on the energy grid as it ever was, and is likely to become more so.
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Regulators snuff $42M Duke Energy proposalRestricted Content

February 2, 2013
Chris O'Malley
Utility wanted to conduct a study to determine how to dispose of carbon dioxide produced by its Edwardsport coal gasification plant.
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Bill eases path for utilities to boost ratesRestricted Content

January 26, 2013
Chris O'Malley
An 11-page utility bill in the Indiana Senate that a consumer group likens to “a money grab” would hasten and expand a utility’s ability to recover additional costs from customers.
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Indiana senator seeks gas plant contract review

January 24, 2013
Associated Press
A top Indiana senator is calling for a review of Indiana's plans to subsidize a proposed coal-gasification plant.
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Indy utility plans $511 million in power plant upgrades

January 22, 2013
Associated Press
Indianapolis Power & Light said ratepayers could expect a 2-percent to 3-percent annual increase for a "number of years," but said he did not know how long the increases would be in effect.
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Founder returning to lead city's environmental officeRestricted Content

January 19, 2013
 IBJ Staff
Anna Jetmore-Vargas, who started the office in 2008, had most recently worked at the environmental consulting firm Kerameda Inc.
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Environmentalists concerned about Indiana agenda

January 18, 2013
Associated Press
One of Indiana's largest environmental groups said Friday it was concerned that this year's General Assembly may weaken Hoosiers' ability to protect themselves from pollution and other health risks.
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Bill could be hurdle for proposed $2.8B synthetic gas plant

January 15, 2013
Chris O'Malley
Under the legislation, state utility regulators could order Indiana Gasification LLC to make refunds to gas customers every three years if the price of synthetic gas it produces from coal is greater than the market price of natural gas over the period.
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Vectren digs in to fight gas plantRestricted Content

January 12, 2013
Chris O'Malley
A synthetic natural gas plant proposed downstate need only tweak its contract with would-be gas purchaser Indiana Finance Authority to comply with an October court ruling and to proceed with the project, Indiana Gasification said in a recent filing with the Indiana Court of Appeals. But opponents of the plant, led by Evansville-based gas and electric utility Vectren, immediately objected.
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Beautification group gets boost from Lilly EndowmentRestricted Content

January 5, 2013
Keep Indianapolis Beautiful will use the money for 2013 operating expenses.
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Indiana wind energy industry wants longer tax credit

January 3, 2013
Associated Press
Officials with Indiana's wind energy industry say they are relieved by Congress' one-year extension of a tax credit but contend it will take a longer-term approach to grow the industry and create jobs in the state.
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Indiana town sues in bid to take over water services

January 2, 2013
Associated Press
A central Indiana town is suing Indiana American Water Co., seeking to wrest control of local water services from the utility.
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Court rules Duke must cover ice storm costs

December 28, 2012
Associated Press
The Indiana Court of Appeals has upheld state regulators' rejection of Duke Energy's bid to pass $11 million in costs it incurred during a 2009 ice storm onto its customers.
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Bloomington earns green distinction for city hall

December 28, 2012
Associated Press
Other than bragging rights and a plaque on the wall, what's the value of energy and environmental design certification for the city and taxpayers?
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IURC caps ratepayers' share of Edwardsport plant at $2.6B

December 27, 2012
Chris O'Malley
Opponents call the deal too generous to Duke Energy and say it doesn't protect ratepayers from rising financing costs.
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Environmental enforcement stings three companiesRestricted Content

December 22, 2012
Penalties will help fund clean-up of East Washington Street site.
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Land trust strategy goes nationalRestricted Content

December 22, 2012
Dan Human
The Central Indiana Land Trust has developed a 60-page strategy that identifies more than 300,000 acres that have conservation potential throughout the 3.1 million acres in Marion County and its eight surrounding counties.
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Michael Browning was key player in N.C. corporate dramaRestricted Content

December 22, 2012
Greg Andrews
Indianapolis real estate developer Michael Browning was one of two Duke Energy board members who led the surprise ouster of the company's CEO.
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