Indiana regulators OK Texas company’s purchase of Indiana power plant
The $3.45 billion transaction, which includes two other power plants, still requires federal approval and faces a challenge related to market competition concerns.
Energy & Environment
What’s known and unknown about emerging deal to end Iran war
The United States and Iran appear to be closing in on a deal to end the war and open the Strait of Hormuz.
Energy-hungry data centers need large sources of backup power
The power needed to operate data centers has increasingly drawn public scrutiny to the projects. But a draw from the power grid is just one of the energy issues at play.
NIPSCO, industrial customers split on inflation cost recovery before Indiana Supreme Court
The state’s highest court heard arguments Thursday from the Northern Indiana Public Service Co. and six customers known as the NIPSCO Industrial Group.
Trump to ease refrigerant rule in bid to address surging grocery costs
The head of the Environmental Protection Agency said the Biden-era rule imposes costly restrictions that limit the type of refrigerants U.S. businesses and families can use.
NIPSCO coal plant blocked from closure operated at a loss after federal order
Merrillville-based NIPSCO had planned to retire the two coal-fired units at the R.M. Schahfer Generating Station in northwest Indiana at the end of 2025, but the Energy Department ordered the utility to keep them open for 90 days.
Indiana nuclear startup announces $250M agreement with construction manager
Under the agreement, Canada-based AtkinsRéalis will serve as the exclusive engineering, procurement and construction management provider for First American Nuclear Co.
Legislative leaders noncommittal on more Indiana gas tax suspensions
State law bars the governor from renewing or extending a proclamation more than once without General Assembly approval.
Indianapolis-based Arcwood Environmental acquires Alabama company
The acquisition is the fifth in 18 months for Arcwood, an environmental services firm that until last year operated as Heritage Environmental Services.
DoorDash plans to spend more than $50M on gas price relief for its drivers
The company said it would offer extra compensation to U.S. and Canadian drivers as part of a temporary program to offset a sharp increase in gas prices due to the Iran war.
Oil prices sink, stocks rally worldwide on hopes for reopening Strait of Hormuz
Oil dropped as President Donald Trump said the Strait of Hormuz could be “OPEN TO ALL” if Iran accepts a reported agreement that the U.S. president did not detail.
Gasoline costs 50% more in US than it did before Iran war
President Donald Trump said Tuesday he has paused the effort to guide stranded commercial vessels from the Strait of Hormuz in order to finalize a deal with Iran to end the war.
Crude oil tops $125 a barrel over Iran war concerns
The Iran war, which is in its ninth week, still sees no clear path to an end.
Valgotech aims for growth with Noblesville battery production facility
Valgotech CEO David Olawale said the company expects its lithium-sulfur batteries to compete against the lithium-ion battery products that dominate the market.
CenterPoint Indiana asked feds to not reissue order requiring coal unit stay open
In a Feb. 17 letter to Energy Secretary Chris Wright, CenterPoint Indiana Region President Michael Roeder said that the continued operation of the six-decade-old F.B. Culley Unit 2 past March could cost up to $18 million.
Fishers-based American Resources Corp. misses annual report filing deadline
The Fishers-based raw materials supplier, a publicly traded company with stock on the Nasdaq market, is more than 15 days overdue with its 10-K financial report.
Europe has ‘maybe 6 weeks of jet fuel left,’ energy agency head warns
International Energy Agency Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced,” stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.
Braun administration, Eli Lilly to collaborate on nuclear power development
The Indianapolis-based pharmaceutical giant and the state’s Office of Energy Development signed a nonbinding letter of intent to explore the potential deployment of small modular reactors.
Indiana nuclear energy startup adds industry vets to roster
First American Nuclear Co. plans to build a $4 billion nuclear plant in Indiana powered by small modular reactors.
EPA may ease regulation of chemical plastic recycling, and environmentalists worry
The Environmental Protection Agency is reconsidering whether facilities that recycle plastic chemically should be held to the same strict air pollution standards as incinerators.