Scandal fallout plagues Duke Energy’s Edwardsport project
Regulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts of interest at the IURC.
Regulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts of interest at the IURC.
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.
A proposed settlement between the utility and industrial customers would temporarily cap the cost of the plant, which is $1 billion more than initial estimates.
Rural electric cooperative to pay civil penalty of nearly $1 million for not using most modern pollution controls. Hoosier Energy also to spend up to $300 million on pollution controls at coal-fired plants.
Peabody will close mine south of Terre Haute by mid-September, but a majority of the workers will move to jobs in other mining operations.
Pressure is building on Duke Energy to contain costs of its controversial Edwardsport generating plant in southwestern Indiana,
following the company’s recent disclosure that the price tag will soar by $530 million—likely boosting average
customer
rates in Indiana by 3 percent.
The $1.9 billion deal still needs the OK of the City-County Council and state regulators.
Not only are utilities grappling with how to pull carbon from their coal-fired emissions, but they also crave certainty about
where to put the carbon. With minimal information available about Indiana’s deep subsurface , much remains to be done to determine
where and at what scale the practice could be deployed here.
So-called carbon capture and sequestration, or CCS, is seen by some in the utility business as a potential salvation for coal.
But utilities may face a damned-if-you-do, damned-if-you don’t scenario.
A consumer group opposing Senate Bill 115 argues the measure is yet another concession to the developer of a coal-to-methane
plant proposed in Rockport.
The Hoosier Environmental Council and Citizens Action Coalition see an expansion of the state’s
“net metering” policy as achievable during the short legislative session that starts Jan.
5.
The state’s utility consumer agency is opposing Duke Energy’s request to have customers pay $121 million to
study where to inject underground the carbon dioxide to be produced by its Edwardsport plant.
Indianapolis Power & Light faces potential fines and capital expenditures after allegedly updating three generating
plants over 23 years without adding the most modern pollution controls.
Duke Energy Corp. said the cost of the plant it’s building in southwestern Indiana has risen another $150 million.
Indiana Gov. Mitch Daniels told a conference of industrial energy customers that the pursuit of green jobs and alternative fuels could increase energy costs without improving the environment.<
Peabody Indiana Services LLC notified the Indiana Department of Workforce Development on Monday that it will close its surface
mine operations at Francisco in southwestern Indiana, putting about 80 employees out of work.
On May 15, the Wall Street Journal published a letter from Gov. Mitch Daniels laying out his sharp opposition to the Waxman-Markey American Clean Energy and Security Act, which would set limits on carbon emissions to combat global warming.
Cap and trade could lead us to a much cleaner, more prosperous future or it could devastate our economy.
Indiana Railroad Co. has coupled onto its “largest single new business opportunity ever” with plans to serve Peabody Energy’s new Bear Run Mine in Sullivan County, said IRR President and CEO Thomas G. Hoback.
A report from Purdue University suggests industrial customers in
Indiana could see disproportional rate increases in the years ahead as the state’s coal-intensive electric utilities are forced
to reduce carbon dioxide emissions.