Entrepreneurs charged up over next venture
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.
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.
If approved by the Indiana Utility Regulatory Commission, AES Indiana would be on its way to becoming the first Hoosier investor-owned electric utility to stop burning coal, according to Indiana Utility Report.
State Rep. Cindy Ledbetter introduced the bill this month, saying utilities are moving too fast to retire and replace generating capacity that might be needed as demand for electricity grows.
Indiana lawmakers passed a law in 2022 that would allow electric utilities to build small modular reactors similar to the one called off by NuScale.
Duke Energy Corp.’s $3.5 billion Edwardsport plant was costly to build because of its ability to produce gas from coal. But the plant generated all of its electricity from natural gas in April, May and June.
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.
The Environmental Protection Agency’s new rule—released last week—would extend monitoring, closure, and cleanup provisions to certain landfills, ponds and other sites for the first time.
The controversial bill would give state utilities the right of first refusal to build, own and operate new transmission lines in their service area, avoiding competitive bidding from outside companies.
Indianapolis-based utility AES Indiana has agreed to reduce the amount it will charge customers for costs related to the breakdown of its newest power plant from $71 million to $13.7 million under a settlement agreement approved Wednesday by state regulators.
A trade group that promotes clean energy, Indianapolis, Bloomington, Walmart, Salesforce and Cummins were among those issuing a letter urging the utilities to offer more options to large energy customers to receive their electricity from renewable energy.
More than 90% of global electricity expansion will be from renewable sources in the coming five years, the International Energy Agency said, revising its forecast for 2027 upward by 30%.
The utility is asking for permission to pass on the cost of power it had to purchase from the grid during the outage, but customers are objecting.
The mantra of energy experts has been that we need to electrify everything. But installing all of that stuff—the solar panels, the heat pumps, the transmission lines—will require something that the United States doesn’t have: lots and lots of electricians.
Merrillville, Indiana-based Northern Indiana Public Service Co. asked the Indiana Utility Regulatory Commission this week to approve the rate increase over two years for its 470,000 customers across 32 northern Indiana counties.
The Supreme Court ruling limiting the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants could have far-reaching consequences for the energy sector.
AES Indiana, formerly known as Indianapolis Power & Light Co., is asking state regulators for permission to increase prices under a mechanism that allows it to adjust prices based on fluctuations in the cost of fuel.
The Trump administration had slowed an earlier phaseout of incandescents, saying it was targeting rules that burden businesses.
The power plant is one of three generating stations that provides electricity to about 500,000 AES Indiana customers in central Indiana. The utility said it has made a wide series of repairs since the plant conked out nearly a year ago.
The 1-gigawatt power plant in southwestern Indiana is currently owned by Hoosier Energy and is approaching retirement.
The Eagle Valley power plant in Martinsville is one of three generating stations that provides electricity for about 500,000 AES Indiana customers in central Indiana.