Articles

Backers of 30-year gas-purchase deal to press on

The Indiana Finance Authority and Indiana Gasification LLC plan to amend a 30-year contract that obligates the state to buy the company's synthetic natural gas. The move is in reaction to an appeals court ruling that reversed regulators' approval of the deal.

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Utilities to get bill for damaged grid-control room

A Carmel not-for-profit that monitors the electric grid in 11 states and part of Canada plans to pass on to its member utilities and transmission-line operators $5.4 million in costs resulting from damage to its local data center last September.

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Entergy faces hurdle to joining transmission pact

Arkansas regulators want guarantees that their authority will be preserved if Entergy Corp.'s utilities join Carmel-based regional transmission group MISO, raising questions about whether the deal will go through.

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$14M legal tab touches off new skirmish in Duke case

Citizens Action Coalition, Sierra Club, Save the Valley and Valley Watch are hoping questions over legal fees the utility agreed to pay attorneys for industrial customers scuttle a deal over cost overruns at the $3.3 billion Edwardsport coal gasification plant.

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Duke Energy earnings creep up on higher rates

Duke Energy Corp.’s earnings rose 2 percent in the second quarter on higher electric rates, but newly acquired subsidiary Progress Energy saw earnings plummet as a result of planned nuclear plant outages.

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N.C. regulators hire law firm to probe Duke Energy

North Carolina utilities regulators said Wednesday they have hired a former federal prosecutor with experience digging into corporate affairs to reveal whether regulators were misled ahead of a takeover that created America's largest electric company.

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