Indiana utility regulators on Wednesday approved a sweeping plan by AES Indiana to stop burning coal at its massive Petersburg Generating Station, despite opposition from the coal industry and some elected officials.
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AES Indiana says it remains committed to ending the use of coal at its massive Petersburg Generating Station, despite growing opposition from Republican elected officials and the coal lobby.
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State and not-for-profit utility consumer advocates filed a joint petition on July 11 asking the Indiana Utility Regulatory Commission to investigate the utility’s “practices and procedures for storm outage restoration.”
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State and not-for-profit utility consumer advocates have asked state regulators to investigate the utlity after a recent storm left some customers without power for nearly a week.
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Coal-fired power plants are becoming more valuable now that the suddenly strong demand for electricity to run Big Tech’s cloud computing and artificial intelligence applications has set off a full-on sprint to find new energy sources.
The bill will expedite approval processes for large-load customers like data centers and create cost- recovery mechanisms for projects utilities take on to serve those big customers.
The president directed federal agencies to loosen various restrictions on coal mining, leasing and exports.
The spike in demand for electricity is being driven, in large part, by the artificial intelligence race as tech companies are snapping up real estate and seeking power to feed their energy-hungry data centers.
The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%.
Purdue officials announced in May that the university was selected to study small nuclear technology and how it can potentially be used to power Indiana in the future.
Residents could have solar panels installed on their rooftops. Or a renter could subscribe to community solar “micro-grids” that can reduce their bills.
U.S. District Judge Tanya Walton Pratt ruled that an act signed into law by Gov. Eric Holcomb in 2023 that gives local utilities the right of first refusal on electric transmission projects discriminates against interstate commerce.
The energy parks would provide a much-needed reliable source of power as aging U.S. grids struggle to meet demand from artificial intelligence and electrification of homes, vehicles and factories.
If state regulators approve the settlement, it’ll also apply to new industrial customers with large electric loads.
The proposed battery farm would store electricity during times when there’s excess power on the grid and then discharge the energy back into the grid during times of peak demand.
Both tech giants are seeking new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence.
Citizens Action Coalition of Indiana said the huge new data centers planned in the state could lead to skyrocketing utility bills while providing few jobs relative to their energy consumption and the incentives they receive.
One Indiana utility company earned top marks and another pair nabbed no points in a national clean-energy assessment by the left-leaning Sierra Club.
A group of Republican governors are pushing back against clean energy mandates—and Indiana Gov. Eric Holcomb has joined the effort.
From a potential congestion standpoint, the U.S.’s charger-to-EV ratio is one of the worst in the world.
The investment would make AES Indiana the first utility in Indiana to abandon the use of coal as a fuel source, if state regulators agree, the company said.
Duke Energy Indiana, the state’s largest electric utility, in April filed a request with state regulators for permission to raise rates by about 16% over two years.
In the five years since lawmakers approved generous financial incentives specific to data centers, eight have located in Indiana. Four announcements have come in the last six months alone.
Longtime business partners Robert Laikin and Larry Paulson, who made their fortunes in the cellphone industry, are turning their sights to manufacturing high-density batteries for industrial uses.
