Utilities

Indiana Senate panel advances nuclear incentive bill

February 10, 2011
Associated Press
A bill that would allow Indiana's utilities to quickly pass onto their customers some of the costs of planning nuclear power plants is advancing in the General Assembly.
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Purdue cancels $28 million coal-fired power plant

February 4, 2011
Associated Press
The school's board of trustees voted Friday morning to cancel the $28 million project for the Wade Utility Plant based on financial and regulatory concerns.
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Consumer groups balk at bills to speed utility cost recovery

February 4, 2011
Chris O'Malley
Proposals would mitigate rate spikes, says utility industry. Consumer groups call proposed legislation a rubber stamp for utilities.
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Purdue poised to cancel coal-fired power plant

February 4, 2011
Associated Press
Purdue University is moving to call off plans for a new coal-fired power unit that had been strongly opposed by environmental activists.
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Indiana OKs 26-percent Indianapolis water increase

February 2, 2011
 IBJ Staff and Associated Press
Regulators have approved a 26-percent rate increase for Indianapolis water customers, the Indiana Utility Regulatory Commission announced Wednesday, less than the 33.4-percent increase requested.
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Indiana watchdogs seek probe of Duke Energy plant

February 1, 2011
Associated Press
Consumer advocates are calling for Indiana regulators to appoint an independent investigator to look into whether Duke Energy Corp. used undue influence to win state approval for a nearly $3 billion coal-gasification plant.
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Duke Energy plans acquisition, new CEO

January 10, 2011
Bloomberg News
Duke 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.
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State's big polluters spewed less last year

December 27, 2010
 IBJ Staff
EPA 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.
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Group opposes city plan to pay water manager Veolia $29M

December 20, 2010
Chris O'Malley
The 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.
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State reaches deal on coal-gasification plant

December 16, 2010
Associated Press
The 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.
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Duke, others withdraw cost deal on Indiana project

December 9, 2010
Bloomberg News
Duke, the Indiana Utility Consumer Counselor and other groups will renegotiate the terms of a plan to boost rates to raise $530 million for Duke’s Edwardsport plant, the Charlotte, N.C.-based company
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IURC 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.
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Touted Build America Bonds may not be available for utility dealRestricted Content

December 4, 2010
Chris O'Malley
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
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Indiana resists call for renewable energy mandates

November 28, 2010
Associated Press
The state is one of only 14 nationwide without a renewable energy standard, according to the Pew Center of Global Climate Change.
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Duke Energy exploring other uses for electric-vehicle batteries

November 23, 2010
Scott Olson
The utility, which has about 780,000 customers in Indiana, is teaming with Japanese firm Itochu Corp. to test applications for used electric vehicle batteries. The pilot project builds on Indiana's clean-tech initiative, Energy Systems Network.
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Labor costs being watched at Duke Energy plant

November 16, 2010
Chris O'Malley
Cost pressures could eat away at $2.9 billion Edwardsport project's contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.
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Indianapolis, U.S. reach deal on sewage overflows

November 8, 2010
Associated Press
The new plan includes an accelerated construction schedule for the city's efforts to reduce sewage overflows from systems that carry both storm runoff and sanitary waste.
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Duke fires Indiana chief, lawyer after ethics flap

November 8, 2010
 IBJ Staff and Associated Press
Duke Energy Corp. has fired the president of its Indiana operations and a staff attorney following an ethics flap over its dealings with state utility regulators.
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No 'inappropriate communications,' Duke Energy CEO says

November 3, 2010
Scott Olson
Duke 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.
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Hancock County utilities set to proceed with merger

November 3, 2010
Scott Olson
Consolidation 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.
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Need for Duke coal-gas plant on regulators' agenda

November 2, 2010
Associated Press
Duke Energy Corp. says it needs a new coal-gasification power plant it's building in southwest Indiana, but consumer advocates don't believe it.
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Scandal fallout plagues Duke Energy's Edwardsport project

October 30, 2010
 IBJ Staff
Regulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts of interest at the IURC.
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Veolia losing water contract, will get $29M termination fee

October 28, 2010
Chris O'Malley
Playing 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.
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IURC to re-examine Duke project amid ethics flap

October 15, 2010
J.K. Wall
The commission is summoning the CEO of North Carolina-based Duke Energy to justify the $2.9 billion Edwardsport plant on the same day the state ethics board filed formal charges against a former IURC attorney hired by Duke.
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Heating bills should be cheaper this winter, utility says

October 13, 2010
Citizens Energy Group projects that the gas bill of its average residential customer will decline about 7 percent over the winter heating season. The utility said a customer who uses the typical amount of natural gas will spend $580, down from $620 last season.
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