Energy & Environment

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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Developer meets deadline on central Indiana wind farm

December 21, 2012
Associated Press
The company had faced a Dec. 31 deadline to have the turbines built in order to qualify for federal tax credits.
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Feds criticize Indiana education program for migrant children

December 19, 2012
Associated Press
Indiana never spent millions of dollars the federal government provided to help make sure the children of migrant workers get a good education, according to a report from the U.S. Department of Education.
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Calumet Specialty buys Texas refinery for $115M

December 18, 2012
 IBJ Staff and Associated Press
Indianapolis-based Calumet Specialty Products Partners LP said Monday that it is buying NuStar's San Antonio, Texas, refinery assets for about $115 million.
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Citizens Energy CEO Lykins enjoys big pay boostRestricted Content

December 15, 2012
Chris O'Malley
Citizens Energy Group—a not-for-profit, public charitable trust—doubled its size last year with its $1.9 billion purchase of the city’s water and sewer utilities last year. It also doubled the pay of CEO Carey Lykins.
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Mississippi power group to join Carmel MISO

December 14, 2012
Associated Press
Hattiesburg-based SMEPA, which generates and wholesales power to 11 electric cooperatives serving 410,000 Mississippi customers, says it will join Carmel-based Midwest Independent Transmission System Operator in December 2013.
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Indiana farmers fear estate tax changes

December 14, 2012
Associated Press
Indiana farmers say they have a lot to lose should the nation go over the so-called fiscal cliff, a set of automatic spending cuts and tax hikes set to take effect in January unless the White House and Republicans negotiate a compromise.
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Indy firm to clean up tainted Terre Haute site

December 13, 2012
Associated Press
Terre Haute officials this week awarded a $2.7 million contract to an Indianapolis company for the removal of soil to a depth of 10 feet on much of a 20-acre site where Terre Haute Coke and Carbon operated from 1926 until 1988.
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City unveils plan to convert vehicle fleet from gas, diesel

December 12, 2012
 IBJ Staff and Associated Press
Mayor Greg Ballard outlined plans to shift the city's fleet of cars, heavy trucks and even police cruisers to a mix of electricity and natural gas by 2025.
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Indiana court hears Duke Energy ice storm case

December 10, 2012
Associated Press
An attorney for Duke Energy Corp. urged the Indiana Court of Appeals on Monday to reverse a state regulatory panel's decision blocking the company's attempt to pass onto its customers the cost of damages it incurred during a 2009 ice storm.
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Yogurt bares all, but container is recyclableRestricted Content

December 8, 2012
Company descended from Ball Corp. making recyclable glass packaging for product typically found in plastic.
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Midwest Energy oil firm drilling for $15MRestricted Content

December 8, 2012
Chris O'Malley
An Indianapolis investment advisory oil firm has been looking for blowouts in its own back yard. Midwest Energy Partners is preparing for its seventh—and largest—round of funding to pay for oil drilling in southwestern Indiana and southeastern Illinois.
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Citizens plans new unit to sell liquefied natural gas

December 6, 2012
Chris O'Malley
Citizens Energy Group’s multistate transportation and industrial fueling subsidiary would market the gas as an alternative vehicle fuel.
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Monarch turns to natural gas to run trucking fleet

December 4, 2012
J.K. Wall
In a sign of the rising popularity of natural gas engines, the Indianapolis-based distributor of alcoholic beverages will make 85 of its 105 trucks run on natural gas by 2015.
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Regulator approves Duke Energy probe settlement

December 3, 2012
Associated Press
Duke Energy formalized deals Monday that ended separate investigations by North Carolina regulators and the attorney general into whether the utility misled officials before a merger that made it the country's largest electric company.
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Indiana experiencing surge in wind power market

December 2, 2012
Associated Press
Indiana has a wind resource of 148,228 megawatts, the 15th biggest in the country, according to industry trade group the American Wind Energy Association. And its growing.
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Railcar shipments making a comeback in IndianaRestricted Content

December 1, 2012
Scott Olson
High diesel prices are turning companies to trains.
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Wabash Valley Power aggressively shifting to greener alternativesRestricted Content

December 1, 2012
Chris O'Malley
The Wabash Valley Power Association has been reducing its dependence on energy produced from coal—from 95 percent five years ago to 54 percent today. The utility is leaning more on natural gas and even renewable-energy sources like methane from landfills and animal waste.
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Crews face deadline on central Indiana wind farm project

November 30, 2012
Associated Press
Construction crews are hustling to beat a Dec. 31 deadline to get 125 turbines in operation for a wind farm that is eventually planned to reach into four central Indiana counties.
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Iron ore processor plans $350M Indiana project

November 27, 2012
 IBJ Staff
A Minnesota-based mining company plans to spend as much as $350 million to build a iron ore pellet plant in Indiana, creating up to 100 jobs by 2015, the company announced Tuesday morning.
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Airport could land second solar-energy farm

November 21, 2012
Chris O'Malley
The Indianapolis Airport Authority is in talks that could lead to a second solar farm at Indianapolis International Airport. Discussions are taking place even as the initial solar farm has yet to get off the ground.
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Drought no obstacle to record income for U.S. farms

November 21, 2012
Bloomberg News
Even after the worst drought in a half-century shriveled crops from Ohio to Nebraska, U.S. farmers are having their most-profitable year ever because of record- high prices and insurance claims.
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  1. Really, taking someone managing the regulation of Alcohol and making himthe President of an IVY Tech regional campus. Does he have an education background?

  2. Jan, great rant. Now how about you review the report and offer rebuttal of the memo. This might be more conducive to civil discourse than a wild rant with no supporting facts. Perhaps some links to support your assertions would be helpful

  3. I've lived in Indianapolis my whole and been to the track 3 times. Once for a Brickyard, once last year on a practice day for Indy 500, and once when I was a high school student to pick up trash for community service. In the past 11 years, I would say while the IMS is a great venue, there are some upgrades that would show that it's changing with the times, just like the city is. First, take out the bleachers and put in individual seats. Kentucky Motor Speedway has individual seats and they look cool. Fix up the restrooms. Add wi-fi. Like others have suggested, look at bringing in concerts leading up to events. Don't just stick with the country music genre. Pop music would work well too I believe. This will attract more young celebrities to the Indy 500 like the kind that go to the Kentucky Derby. Work with Indy Go to increase the frequency of the bus route to the track during high end events. That way people have other options than worrying about where to park and paying for parking. Then after all of this, look at getting night lights. I think the aforementioned strategies are more necessary than night racing at this point in time.

  4. Talking about congestion ANYWHERE in Indianapolis is absolutely laughable. Sure you may have to wait in 5 minutes of traffic to travel down BR avenue during *peak* times. But that is absolutely nothing compared to actual big cities. Indy is way too suburban to have actual congestion problems. So please, never bring up "congestion" as an excuse to avoid development in Indianapolis. If anything, we could use a little more.

  5. Oh wait. Never mind.

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