Nuclear energy startup to establish HQ, manufacturing operations in Indiana
Indiana Gov. Mike Braun said in a news release that the move will bring 5,000 high-paying jobs to Indiana.
Indiana Gov. Mike Braun said in a news release that the move will bring 5,000 high-paying jobs to Indiana.
The rezoning application to the Department of Metropolitan Development shows that Los Angeles-based Metrobloks intends to build two large buildings, a pocket park and a power substation on a 13.68-acre parcel.
Nearly two dozen Indiana hardwood businesses have joined hundreds of others nationwide in signing a letter to the Trump administration seeking direct relief from tariffs.
Under the agreement, Duke Energy would be able to solicit interest in the existing coal units at its Cayuga Generating Station after two proposed gas units are placed in service in 2029 and 2030.
The Indiana Utility Regulatory Commission Nominating Committee’s members met in executive session Monday and reviewed 47 applications for three open seats on the five-member commission.
CenterPoint Energy, which merged with Evansville-based Vectren in 2019, serves more than 775,000 gas customers and more than 150,000 electric customers in Indiana.
The Indiana Office of Utility Consumer Counselor, which acts on behalf of utility customers, did not join the settlement. Neither did ratepayer advocacy group Citizen’s Action Coalition.
The grant intended for renewable energy infrastructure work was committed to the airport more than two years ago by the Federal Aviation Administration, officials said Tuesday.
The project, spearheaded by the Indiana Department of Environmental Management and British contractor Eunomia, will replace a 20-year plan that has been in force for more than three decades.
BlackRock’s interest in AES represents a growing trend of private equity firms investing in, or buying outright, public utility companies as artificial intelligence fuels increasing electricity demands.
Coal once provided more than half of U.S. electricity production, but its share dropped to about 15% in 2024, down from about 45% as recently as 2010.
While demand is on the rise for carbon-free fission power as the U.S. races to meet a surge in electricity needs, costs remain high and construction is expected to be slow.
Though the overall growth was modest, clean-vehicle employment remains one of the stronger performing subsectors in Indiana.
Performance-incentive mechanisms and forecasted multiyear rate plans differ in their focus, with the former looks at output—such as capacity or reliability—while the latter looks at input—such as capital, labor or materials.
Gov. Mike Braun’s call for Indiana Utility Regulatory Commission applicants comes as Indiana ratepayers have seen a steep rise in electric bills and large power users like data centers flock to the Hoosier State.
The proposal appears to have bipartisan support. But it’s unclear how much the City-County Council, which has no actual authority over the utility, can truly influence the process.
We can’t discard this next-gen energy tech while it’s on the rise globally.
The state funding package will help pay for a slew of water infrastructure improvements, including a new water plant, new water wells and the replacement of all lead pipes.
Indiana’s second-highest official has thrown his weight behind calls for a sales tax moratorium on utility services—but, even as rates rise, the idea faces a difficult path through the General Assembly.
With the explosive growth of Big Tech’s data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bumping the energy-hungry centers off grids during power emergencies.