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Duke Edwardsport Plant (Still) Overpaying and Underperforming

INDIANAPOLIS— Since June 2013, when the Edwardsport IGCC power plant in Knox County, Indiana, was declared “in-service”, by Duke Energy, its captive ratepayers have doled out nearly $1.8 billion to pay for the inconsistent and unreliable operations of the plant. According to expert testimony filed on Tuesday by the Citizens Action Coalition (CAC) before the Indiana Utility Regulatory Commission (IURC), this represents $1.4 billion more than ratepayers would have paid for electricity on the wholesale market, a huge subsidy to the monopoly utility Duke Energy and a massive economic loss for captive ratepayers.

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Citizen Groups Join Edwardsport IGCC Settlement

A group of advocacy organizations, including Citizens Action Coalition, Save the Valley, Sierra Club, and Valley Watch, joined a modified settlement that was filed today at the Indiana Utility Regulatory Commission (IURC) regarding Duke Energy’s Edwardsport IGCC plant in Knox County, IN. The settlement, which builds off of an initial settlement reached in 2015, paves the way for additional consumer protections for Hoosiers and coal retirements in Indiana.

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Court Strikes Down Approval to Spend $90 Million on Vectren’s Aging Power Plants

The Indiana Court of Appeals yesterday struck down approval of Vectren’s plan to spend roughly $90 million in ratepayer money on its aging A.B. Brown and F.B. Culley coal-fired power plants outside Evansville. The Court found that the Indiana Utility Regulatory Commission violated the law by failing to determine whether Vectren met all legal requirements before approving Vectren’s use of the new equipment. The Court’s decision means that the case goes back to the Commission to decide whether Vectren should be allowed to pass the costs of the projects on to its ratepayers.

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Indiana Slated To Be a Corridor for Nuclear Waste Shipments

Countless nuclear waste shipments will crisscross Indiana’s roads if plans for the country’s first nuclear waste repository at Yucca Mountain in Nevada advance. Today Citizens Action Coalition released maps of the routes that radioactive shipments would likely use, joining dozens of environmental and clean energy groups across the country. CAC is asking state residents to weigh in with their Congressional representatives about the dangers.

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Duke’s Edwardsport Boondoggle: Overpaying and Underperforming

Hearings begin this Wednesday at the Indiana Utility Regulatory Commission (IURC) to determine who should pay the unbelievable costs associated with Duke Energy’s newest power plant, the problem-plagued and scandal-ridden Edwardsport IGCC plant in Knox County, Indiana.

The coal-gasification plant has now been operating for just over 18 months. Duke initially promised the plant would cost $1.9 billion, but the price tag has since ballooned to over $3.5 billion.

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