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Thanks Todd Rokita, Mike Braun, Donald Trump and the many data center advocates in the IBJ comments sections for this double whammy of a catastrophe
Michael, the Schahfer issue has nothing to do with data centers or the State elected officials mentioned. This is payback to coal and mining companies – a last minute, illegal requirement (declaring an energy emergency first) by the Trump admin to keep the units around even though the units can’t barely perform. Now someone has to pay for that. Nipsco ratepayers are lucky that the costs will be spread across a huge midwest region (MISO North) and not borne solely by Indiana electricity customers.
What was the power companies plan to replace the lost generation if the coal plants were retired?
There’s a plan – look at the IURC website. There are industry requirements developed by an independent entity that each utility must meet. Do you think these actions are just done on the back of an envelope? We’re talking about an essential public service that utilities take seriously or face big fines.
Once more our President demonstrates his had work in making life more affordable for the working class in Indiana.