Duke Energy's settlement with four consumer and environmental groups likely means an end to all serious opposition to the $3.3 billion plant, one of the most expensive projects in Indiana history, which has been mired for years in controversy.
The Federal Energy Regulatory Commission said in a ruling that changes should be made to the Midwest Independent System Operator Inc.’s forward capacity auctions. Carmel-based MISO manages the electricity network for 15 U.S. states.
There is a growing sentiment here among key energy leaders—even from those who oppose the EPA plan—that the state should develop its own compliance plan that focuses on realistic strategies to decrease carbon emissions and diversify its energy mix.
The utility, which provides water to about 400,000 homes and businesses in the eight-county Indianapolis area, said average residential bills would rise from $30 per month to $36 if it receives approval for the 20-percent hike.
Indiana's utility customer advocate is studying whether Duke Energy should be allowed to pass along costs of repairing its new $3.5 billion coal-gasification plant in southwestern Indiana to consumers.