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December 27, 2012
17:12 EDTDUKDuke Energy Indiana president responds to IURC Edwardsport decision
Duke Energy Indiana President Doug Esamann issued the following statement in response to the Indiana Utility Regulatory Commission's approval of the Edwardsport settlement agreement. "Today the Indiana Utility Regulatory Commission approved a settlement agreement finalized in April 2012 between Duke Energy Indiana and some of the state's key consumer groups involved in regulatory proceedings dealing with the company's Edwardsport coal gasification power plant. The decision reduces the amount Duke Energy's Indiana customers will pay for an advanced technology, environmentally cleaner coal power plant and provides clarity to the company for cost recovery on this project. With construction virtually complete, Edwardsport has successfully produced its first electricity from gasified coal during start-up and testing. By mid-2013, we expect to place the plant into commercial operation. Today's decision resolves key regulatory issues and allows us to focus on bringing into service a plant that will help us meet increasingly strict federal environmental regulations while still using an abundant local resource, Indiana coal."
News For DUK From The Last 14 Days
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September 1, 2015
10:03 EDTDUKDuke Energy acquires half interest in Sumitomo's Mesquite Creek Wind project
Duke Energy Renewables announced it earlier that it has acquired a 50% stake in Mesquite Creek Wind, a 211-megawatt wind power project near Lamesa, Texas, through its joint venture partnership with Sumitomo Corp. of Americas. The acquisition increases Duke Energy Renewables' Texas wind capacity to more than 1,200 MW, the company noted. Duke Energy and Sumitomo share ownership of the 131-MW Cimarron II and 168-MW Ironwood Wind Power Projects in Kansas, which began operating in 2012.
August 21, 2015
17:29 EDTDUKPJM releases results for 2018-2019 PJM Interconnection capacity auction
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