Articles

Duke Energy names interim president amid probe

Decision to replace Indiana CEO Mike Reed, who has been placed on administrative leave, follows a state investigation into an ethics controversy involving Duke that resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.

Read More

Regulators postpone Duke hearing amid scandal

The Indiana Utility Regulatory Commission canceled a hearing set for Thursday on Duke Energy Corp.’s controversial Edwardsport power plant amid a conflict-of-interest scandal that cost the agency’s chief his job.

Read More

Duke Energy puts local CEO on leave amid state probe

Duke Energy Corp. placed Mike Reed, CEO of its Indiana operations, on administrative leave Tuesday afternoon amid a state investigation that involves the company and resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.

Read More

Watchdogs howl over Duke hiring IURC attorney

Watchdog groups are criticizing Duke Energy's hiring of the top attorney for Indiana's utility oversight panel, saying his role handling issues related to a nearly $3 billion power plant the company is building raises serious ethics questions.

Read More

Smooth utility deal carries potential bonus for city

If Citizens Energy can successfully manage and mitigate over the next two years the city’s lingering legal and contractual
obligations involving the water and sewer utilities Citizens is negotiating to buy, the city can hang onto an extra $25 million
in the deal.

Read More

Battery-maker EnerDel eyes utility power-storage market

Locally based EnerDel Inc. has been riding high on prospects its lithium-ion batteries will be in hot demand to power plug-in
electric vehicles, but another market might be larger. A Piper Jaffray report estimates the global market for batteries used
to store electricity on utility power grids could be $600 billion over 10 years.

Read More