After two months of meager output that sparked scrutiny from the state and consumer groups, the controversial power plant sprung back to life in March, Duke Energy Indiana says.
Duke Energy won approval from an Indiana court Wednesday to raise electricity rates to pay for its $3.5 billion Edwardsport coal-gasification power plant.
The state’s Office of the Utility Consumer Counselor is trying to put the brakes on Duke Energy Indiana’s request for $1.5 million related to expenses at its Edwardsport coal-gasification plant.
Once that coal is gone, the plant will be fueled by natural gas. Three of the plant's boilers have already been converted to natural gas and the final boiler will be converted by June.
Mechanical problems caused Duke Energy Indiana’s $3.5 billion power plant in Edwardsport to generate a mere 4 percent of its maximum capacity in January.
The state and federal government have taken steps to help propane users deal with an ongoing shortage of the fuel, which an estimated 500,000 Hoosiers rely on to heat their homes.
Central Indiana propane dealers are rationing their inventories to help supplies last and transporting propane here from as far away as Mississippi, Kansas and South Carolina. An estimated 500,000 Hoosiers rely on propane to heat their homes.
NiSource, which operates the largest natural gas distribution company and second largest electric distribution company in the state, could be acquired by a company seeking to profit from the shale-gas boom.
The typical heating bill last January was $146.30, according to the utility. Next month, assuming normal temperatures, the bill will rise to $156.80.
The state's high court ruled unanimously Tuesday that an alteration of the contract the plant's developers signed with the Indiana Finance Authority did not constitute a significant change.
The infrastructure work will upgrade the gas utility’s network across much of central Indiana.
The consequences from the ethanol era are so severe that environmentalists and many scientists have now rejected corn-based ethanol as bad environmental policy. But the Obama administration stands by it, highlighting its economic benefits to the farming industry.
Two of Indiana's largest natural gas utilities are projecting small increases in heating bills for this winter.
The credit rating service has stuck with a “stable” outlook for Citizens’ ability to repay its debts. But an Oct. 3 report cites concerns across all the operations at the Indianapolis-based utility.
Dozens of people packed a Morristown council meeting to speak out against an energy company's proposal to build a $500 million power plant.
Contract law dominated an Indiana Supreme Court hearing over an agreement requiring the state to buy synthetic natural gas from a private plant and resell it on the open market.