Duke Energy profit falls on Indiana plant settlement
Duke Energy Corp. said first-quarter profit fell 42 percent after a regulatory settlement in Indiana increased costs and mild weather reduced heating demand.
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Indiana announces proposed Duke Energy settlement
Duke Energy Corp. has agreed to cap the cost of its troubled coal-gasification plant in southwestern Indiana at $2.6 billion, or about $700 million less than the expected cost of construction, as part of a proposed settlement announced Monday.
Indiana county OKs project for 80 wind turbines
Charlottesville, Va.-based Apex plans to install the wind turbines in southern Wells County, about 100 miles northeast of Indianapolis.
Electric-grid facility in Carmel suffers $11M in damages
In a filing earlier this month, the Midwest Independent Transmission System Operator Inc. told federal regulators that a mechanical failure in September contaminated the data center.
Daniels praises delay of federal pollution rule
Gov. Mitch Daniels is praising a court ruling that's delayed an Obama administration regulation aimed at reducing power plant pollution in 27 states that contributes to unhealthy air downwind.
Consultant: IPL’s downtown network needs closer eye
Atlanta firm says IPL underground system "well designed and regularly maintained" but may need upgrades to avoid more explosions.
Grand jury indicts former state utilities chief Hardy
David Lott Hardy, who was fired from his job as chairman of the Indiana Utility Regulatory Commission in 2010, is accused of official misconduct.
Downtown getting blast-resistant manhole covers
Utility crews are installing about 100 new manhole covers in downtown Indianapolis that are designed to reduce the extent of damage from underground explosions and fires.
Midwest ISO announces $6.5B in electric grid improvements
The Carmel-based not-for-profit’s long-term plan recommends 215 new transmission infrastructure projects to improve reliability of its electric grid.
Regulators approve deal on $2.65B gasification plant
Indiana regulators have approved plans for a $2.65 billion coal gasification plant at the Ohio River city of Rockport and a state agency's 30-year contract to buy its synthetic natural gas.
Indiana expands probe into Indy manhole blasts
Indiana utility regulators are expanding a third-party review of Indianapolis manhole explosions to include the latest two blasts.
NIPSCO to spend $5B for power-system upgrades
The Merrillville-based utility said it plans to spend $5 billion in the next 10 years on electrical system improvements, including almost $1 billion on environmental upgrades at its coal-fired plants.
Indiana plant a drag on Duke Energy earnings
Duke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling at the same time that costs rose unexpectedly for a new plant in Indiana.
Ethics scandal costs Duke Energy in two rulings
A 2010 ethics scandal involving the former chief legal counsel for the Indiana Utility Regulatory Commission has come back to bite the state’s biggest electric utility.
Duke to begin razing state’s oldest coal plant
Duke Energy Corp. is preparing to demolish a coal-fired power plant that's Indiana's oldest electricity-generating plant of its kind.
Panel: State power rates will rise 20 percent over 6 years
Factors driving up rates will be new plant construction, installation of pollution controls, and improvements to extend the operating life of existing power plants.
Critics seek conditions on Progress-Duke Energy merger
Charlotte-based Duke Energy and Raleigh-based Progress Energy want to combine into one company with more than 7 million customers in the Carolinas, Florida, Kentucky, Indiana and Ohio.
Future of western Indiana power plant in doubt, Duke says
Duke Energy expects to close much of a coal-powered generating plant in western Indiana within the next few years.
City plans to install solar panels at public works buildings
The city has put out a request seeking companies or teams of firms qualified to install solar photovoltaic systems at three of its public works buildings and garages.
Duke turns second-quarter profit on higher revenue
Duke Energy Corp., which is buying Progress Energy Inc. to become the largest U.S. utility owner, on Tuesday reported a second-quarter profit after a year-ago loss.