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Energy & Environment
Duke Energy plans acquisition, new CEO
January 10, 2011
Bloomberg NewsDuke Energy Corp. announced Monday an agreement to buy Progress Energy Inc. and put Progress CEO William Johnson in charge
of what will be the largest U.S. utility.
MorePurdue professor says ethanol consumption has its limits
January 8, 2011
IBJ StaffCurrent infrastructure for delivering the alternative fuel isn't adequate to use all that the federal government says must
be produced.
MoreNew law prohibits disposing of electronic gadgets in household trash
January 1, 2011
IBJ StaffMarion County residents should dispose of electronics at so-called "ToxDrop" locations.
MoreIndy Power sees big potential in grid power storage
January 1, 2011
Chris O'MalleyThree-year-old Indy Power Systems’ first big sale is outside the sizzling, electric car segment. The Noblesville firm
has landed a contract with Melink Corp. to supply a 50-kilowatt grid energy storage and peak-shaving system at the company’s
Cincinnati headquarters.<
MoreState's big polluters spewed less last year
December 27, 2010
IBJ StaffEPA data show an 18 percent decrease in toxic emissions among big manufacturers and electric utilities, but it's unclear to
what degree better practices—or the slow economy—had on declining levels.
MoreGroup opposes city plan to pay water manager Veolia $29M
December 20, 2010
Chris O'MalleyThe city should refuse to pay the contract-termination fee given alleged defaults by Veolia, the consumer group says. Veolia
is out after city sells the water company to Citizens Energy Group.
MoreFEIGENBAUM: 'There is no money' takes on new meaning
December 18, 2010
Ed FeigenbaumTight tax revenue will force hard choices on the General Assembly.
MoreState reaches deal on coal-gasification plant
December 16, 2010
Associated PressThe state's finance authority said Thursday that it reached a 30-year deal to buy synthetic natural gas from a coal-gasification
plant planned for southern Indiana, marking the first time the state has entered into such a venture.
MoreToxic chemical releases decrease 18 percent in Indiana
December 16, 2010
Associated PressThe 2009 Toxics Release Inventory released Thursday shows releases of toxic chemicals to the environment by companies in Indiana
decreased by 20.6 million pounds, or 18 percent.
MoreAbound Solar completes financing for Tipton plant
December 15, 2010
IBJ Staff and Bloomberg NewsCompany closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it
wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
MoreSolar panel maker plans up to 240 jobs in Columbus
December 8, 2010
Associated PressA Muncie-based startup company to spend nearly $9 million to start production at a Columbus industrial park. The plant will
make high-efficiency solar panels that are in growing demand around the world.
MoreIURC clears ex-judge in Duke Energy ethics scandal
December 7, 2010
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.
MoreTouted Build America Bonds may not be available for utility deal
December 4, 2010
Chris O'MalleyCitizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
MoreCity looking for consultants to ramp up green programs
November 27, 2010
IBJ StaffThe Office of Sustainability in November put out two requests for consultants or teams to implement environmentally friendly
initiatives.
MoreElectric car maker starts production at Elkhart plant
November 24, 2010
Associated PressThink North America has started work on two-seat electric cars at its northern Indiana facility and expects the first ones
to be finished in the coming days.
MoreEthanol's future clouded by potential loss of tax breaks
November 20, 2010
Chris O'MalleyThe fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel
additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.
MorePRINCE: Why iPad could save investment firms money
November 20, 2010
Douglas PrinceThe device is projected to save Prince Group office at Stifel Nicolaus & Co. more than $3,000 in paper alone.
MoreSpurned bidder: IURC program may cost consumers $65M
November 13, 2010
Chris O'MalleyAn 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.
MorePCBs a concern at bankrupt ESI Environmental plant
November 12, 2010
Chris O'MalleyThe EPA says 300,000 gallons of sludge at the firm's northwest-side site are suspected of containing carcinogenic PCBs. A
recent court ruling could expedite clean-up efforts.
MoreIndiana farmers expected to enjoy near-record income
November 11, 2010
Associated PressMany Indiana farmers who had been worrying about a late summer drought are now looking forward to some extra spending money
thanks to high grain prices.
MoreNo 'inappropriate communications,' Duke Energy CEO says
November 3, 2010
Scott OlsonDuke 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.
MoreHancock County utilities set to proceed with merger
November 3, 2010
Scott OlsonConsolidation of Central Indiana Power and Hancock Telecom will become official on Jan. 1. It took a change in state law to
allow the merger to proceed.
MoreScandal fallout plagues Duke Energy's Edwardsport project
October 30, 2010
IBJ StaffRegulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts
of interest at the IURC.
MoreVeolia losing water contract, will get $29M termination fee
October 28, 2010
Chris O'MalleyPlaying a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says.
Citizens plans to make job offers to "substantially all" Veolia employees.
MoreU.S. attorney to ask for review of IURC ethics dispute
October 26, 2010
Associated PressU.S. Attorney Joe Hogsett says he'll ask "the appropriate federal agency" to review an ethics dispute that has
embroiled the Indiana Utility Regulatory Commission and Duke Energy Corp.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.