Delays, Closings and Severe Weather - View All Alerts and Updates

Utility Industry Looks At Indiana’s Energy Options

Energy officials says they want to provide incentives to utility companies in an effort to increase generating capacity.

Duke Energy Gibson Plant

Photo: Duke Energy

Gregg and Pence vow to embrace Indiana coal and prioritize low cost energy.

Utility industry stakeholders have turned their attention to the future of energy at IUPUI‘s annual energy conference. Speakers discussed prospects for increased use of natural gas or nuclear energy, or for energy-efficiency measures that would produce more bang for the buck.

Anna Chittum with the American Council for an Energy-Efficient Economy says Indiana could add more than three gigawatts of generating capacity by offering utilities incentives to build plants which produce both power and heat.

“If you‘re looking at an industrial firm today, you ask them to make an investment in something that has a five-year payback period, and the answer is no but utilities can do that,” Chittum says. “So our emphasis is if utilities were somehow incentivized through shareholder incentives, through some mechanism where they could earn returns on investment.”

Lieutenant governor candidates Vi Simpson and Sue Ellspermann laid out the energy planks of their running mates, Democrat John Gregg and Republican Mike Pence. Both campaigns have pledged to embrace Indiana coal and make it a priority to keep Hoosier energy costs low, but they differ on Pence‘s suggestion that it‘s time to revisit the idea of adding nuclear power to the mix.

Network Indiana

Network Indiana Indiana's Only Audio News Network. Network Indiana is dedicated to providing the state of Indiana important and useful information.

View all posts by this author »

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Support For Indiana Public Media Comes From

Search News

Stay Connected

RSS e-mail itunes Facebook Twitter Flickr YouTube

Follow us on Twitter

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Recent Politics Stories

Recent Videos

Find Us on Facebook