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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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January 22, 2015
10:02 EDTDUKDuke Energy to build 13-megawatt solar facility at Camp Lejeune
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January 19, 2015
10:59 EDTDUKFERC requests additional information to process Dynegy acquisitions applications
Dynegy (DYN) announced that the Federal Energy Regulatory Commission, FERC, issued a letter requesting additional information to process the applications filed with FERC on September 11 for approval of Dynegy’s acquisition of Duke Energy Midwest Generation (DUK) assets and retail business and EquiPower Resources and Brayton Point Holdings assets. The company plans to respond fully within the 30-day period however, due to this request for additional information, we do not expect the transactions to close by the end of the first quarter 2015. Dynegy, Duke and Energy Capital Partners remain committed to closing the transactions as quickly as possible. The only regulatory approval remaining is from FERC.

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