The utility had wanted to build the gas-fired plant to replace aging coal-burning units, but regulators said the plan was too risky and inflexible.
Scott Pruitt, the scandal-ridden former head of the Environmental Protection Agency, registered Thursday as fossil-fuels interests in the state fight to block the proposed closure of several coal-fired power plants.
The House voted 53-38 Thursday to strip language that would have prohibited the state from approving new power plants for two years, a move widely seen as delaying construction of renewable energy projects.
The House Utilities Committee advanced legislation this week along party lines that would prohibit state regulators from approving any large new power plants until 2021. Environmentalists and utilities say the move could interrupt the transition from coal to renewable fuels and natural gas.
The farms stretching over four counties and a portion of central Indiana would have nearly 300 wind turbines that could be spinning as early as 2020.
Rogers’ path to building the nation’s largest electric utility began in 1988, when he took over struggling PSI Energy in Indiana.
Two rural electric cooperatives that provide power to customers in the Indianapolis area are set to receive federal loans to improve their systems.
Federal prosecutors are conducting a criminal investigation into the natural gas explosions and fires that rocked three communities near Boston in September, killing one person and injuring 25 others.
Rafael Sanchez, who left his job as president and CEO of Indianapolis Power & Light Co. this year as part of a corporate restructuring, has been hired by another of Indiana’s corporate heavyweights.
Northern Indiana Public Service Co. says it's considering retiring four of its five remaining coal-fired electricity-generating units within five years and the other within a decade.
Logansport Municipal Utilities shut down its plant in early 2016 after deciding it couldn't afford updates needed to meet rules established under former President Barack Obama.
The amount of savings under the agreement approved by the Indiana Utility Regulatory Commission will vary by customer. Duke Energy credits the federal tax overhaul for the rate reduction.
Amazon stands out for its success in offloading its power costs and also because it dominates America’s cloud business, which has gone from nonexistent to using 2 percent of U.S. electricity in about a decade.
Citizens Action Coalition of Indiana says Duke Energy’s controversial Edwardsport plant has suffered repeated outages and failed to live up to its promises, costing ratepayers more than $1 billion in unneeded fees.
Indianapolis Power & Light has agreed not to raise the fixed monthly rate it charges most of its residential customers, under a rate-case settlement it reached with the Indiana Office of Utility Consumer Counselor and other stakeholders.
If approved by Indiana utility regulators, the agreement would cut the monthly electrical bill of a typical household by an average of 5.6 percent.