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Two consumer advocacy groups are split on Duke Energy’s proposal to close the Cayuga coal plant. But they both said a new, $3 billion natural gas plant isn’t the right thing for Duke’s customers.
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Its author, Sen. Jim Buck (R-Kokomo), said he got the idea from an Ohio law that passed three years ago.
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The Indiana Utility Regulatory Commission on Wednesday cleared the way for AES Indiana to transition two units at its Petersburg Generating Station from coal to gas.
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U.S. Sen. Mike Braun asked the state’s powerful utility regulator to reject a coal plant’s proposed conversion to natural gas.
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The natural gas itself tends to be more expensive and economically volatile.
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Several Indiana utilities are adding natural gas plants as backup energy sources, but activists say they're unnecessary.
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Power outages disrupted operations at the Whiting Refinery causing unplanned gas flaring.
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Indiana utilities and other supporters have said it helps avoid “rate shock” by easing the cost of those plants into customers’ bills over a longer period of time.
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HB 1421 would allow utilities to recover the cost of natural gas plants as they’re being built — easing those costs into customers’ bills over a longer period of time.
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The Petersburg plant currently employs about 300 people and is one of the largest taxpayers in Pike County. It also emits the third most greenhouse gases of any facility in the state.