HG Ventures, the corporate venture arm of Indianapolis-based The Heritage Group, announced on Thursday a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom. HG Ventures joins a handful of other venture groups in the program following a competitive selection process
Indiana utilities would be prevented from shutting down coal-fired plants under new bill
The bill, sponsored by Rep. Ed Soliday, R-Valparaiso, comes as several large Indiana utilities are planning to shut down thousands of megawatts of coal-fired generating capacity in coming years in favor of cleaner or cheaper fuel sources.Read More
Fiber network firm looks beyond Indiana for growth
Intelligent Fiber Network has spent the last 18 months rebranding—including a name change that telegraphs its growth plans—and ramping up its marketing.Read More
The fine represents the third time since 2017 that NIPSCO has received a substantial fine for similar violations. The money the utility will pay for the fine will go into Indiana’s general fund.
Authorities ordered 7 million people—a quarter of the population of the nation’s second-largest state—to boil tap water before drinking it, following record low temperatures that damaged infrastructure and pipes.
Indiana’s economy should start to recover this year from the damage of COVID-19, but the economy likely won’t fully rebound until late 2022 or early 2023, a Ball State University economist says.
In its decision, the Environmental Protection Agency maintained that the Obama-era levels, set in 2012, are adequately protective of human health.
The 21st Century Energy Policy Development Task Force, which was set up to guide lawmakers in crafting a long-term energy plan, voted 11-4 on a series of findings and non-binding recommendations.
A state energy task force is considering a sweeping array of measures that seem to favor existing large-scale utilities, many of which still burn coal, over providers of renewable energy.
In Indiana, more than 112,000 households are behind 120 days or more on their power bills, a Washington Post analysis of the largest local energy companies’ records found.
The Indianapolis-based utility said it also will spend $5 million to mitigate what critics say has been harm to the environment caused by the plant’s excess emissions over the years.
The Office of the Utility Consumer Counselor is recommending state regulators deny a utility’s request to compensate customers with solar panels less for extra energy they send back into the power grid.
The service started by the parent company of Indianapolis Power & Light offers monthly subscriptions that cover use of a car, plus all insurance and maintenance costs.
The Indiana Utility Regulatory Commission cited the utility for instances of failing to locate or mark underground pipelines within two days of a request being made, as is required in advance of any excavation work.
Monday’s ruling followed a huge uproar from ratepayers and elected officials, who widely criticized utilities for their request to charge customers for electricity they didn’t use when demand slowed down during health crisis lockdowns.
More than 2,300 people have complained by email to the Indiana Utility Consumer Counselor, which is on track to become the largest number of complaints for any single case in at least a decade.
Two weeks after 10 Indiana utilities asked state regulators for permission to charge ratepayers for millions of dollars in revenue the utilities stand to lose because of the COVID-19 pandemic, the state has agreed to consider the matter.
Ten gas and electric utilities, including Indianapolis Power & Light Co. and Duke Energy Inc., filed a joint petition with the Indiana Utility Regulatory Commission, saying they expect to see “significantly reduced load and revenue.”
IPL said a typical household customer would likely pay an extra $1.50 a month in the first year. That monthly amount would increase by $1.50 each year, or by a total of $10.50 a month by the seventh year.
The bill’s opponents call the legislation a “coal-bailout bill,” designed to prop up the state’s struggling coal industry just as utilities are preparing to shut down aging coal plants.