Event Calendar

September 2010
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Indiana counselor ‘deeply concerned’ about Duke plant

IBJ
Indiana’s advocate for utility ratepayers said Monday he is “deeply concerned” about the mounting cost of a coal-gasification plant Duke Energy Corp. is building and urged state regulators to protect Duke’s customers from the cost overruns.
Indiana Utility Consumer Counselor David Stippler’s comments came four months after Duke Energy revealed the cost of its southwestern Indiana plant had grown to nearly $2.9 billion, or about twice the project’s original 2007 estimate.
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Vested interests push Rockport syngas plant

The Bloomington Alternative
The Leucadia Corporation, a speculative venture corporation headquartered in New York City, has a get-rich-quick-and-stay-rich-scheme targeting Rockport in Spencer County on the Ohio River. The project is called Indiana Gasification LLC and entails building a coal gasification plant, which would manufacture synthetic natural gas (syngas) out of coal and would be built just outside the county seat.
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Rose-Hulman Seminar to Examine Energy Issues

InsideINdianaBusiness.com Report
A seminar at Rose-Hulman Ventures this week will examine energy-driven innovations that could boost the state economy. The event, being put on by Rose-Hulman’s Department of Engineering Management, will include discussions about coal gasification, biomass-based fuels and innovations in the appliance industry.
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Coal-Gasification Plant Costs Blow Out by $1.3B

Chem.Info
INDIANAPOLIS (AP) — Duke Energy said Friday that the cost of a coal-gasification power plant it is building in southwestern Indiana has risen to nearly $2.9 billion, or about twice the original estimate.
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Energy Company Joins FutureGen Alliance

InsideINdianaBusiness.com Report
One of the nation’s largest energy companies is supporting an Illinois clean-coal project that is expected to impact Indiana. Exelon Corp. will become a member of the FutureGen Alliance, which plans to construct a clean coal technology power plant in Mattoon, Illinois. Indiana Governor Mitch Daniels has signed an agreement with Illinois calling for carbon-dioxide related … Read More

Coal Gasification Project to Cost More

InsideINdianaBusiness.com
Duke Energy Indiana is revising its cost estimate for the $2.35 billion coal gasification plant under construction in Edwardsport. The company has told the Indiana Utility Regulatory Commission it needs to spend approximately $150 million more on the project. However, Duke Energy says more money may need to be added to complete a project of this size and type. The company is asking the commission to schedule a separate proceeding by next March, when most of the project’s engineering will be complete. Read more