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Duke Energy Indiana slow to adopt low-cost advanced energy resources

Posted by Adam Winer on Dec 16, 2021

Newly-submitted integrated resources plan (IRP) from Duke Energy Indiana locks in high-cost fuel sources
 

INDIANAPOLIS, December 16, 2021 – This week Duke Energy Indiana announced what types of energy it expects to use to power homes and businesses in its coverage area over the next two decades, revealing plans to continue heavy use of fossil fuels despite more affordable advanced energy options on the market.

“Natural gas prices are rising and Hoosier ratepayers are already feeling the effects, but this plan by Duke Energy Indiana doubles down on a fuel that utility executives know is more expensive today and predictably volatile tomorrow,” says Sarah Steinberg, principal at Indiana Advanced Energy Economy (AEE). “It also delays the addition of advanced energy resources, like solar, wind, and battery storage, until the next decade, which will lock in higher bills for Hoosier ratepayers instead of making investments in more cost-effective options today.”

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Topics: Press Releases, Indiana, Sarah Steinberg

Indiana’s Wind and EV Industries Growing Despite Pandemic Setbacks

Posted by Cayli Baker on Aug 17, 2021

At 83,000 jobs, the state’s advanced energy industry employs four times more Hoosiers than auto manufacturing.

INDIANAPOLIS, August 17, 2021 – Indiana Advanced Energy Economy (AEE) released its Indiana jobs fact sheet, demonstrating the advanced energy industry’s economic promise across the state. Like all industries in Indiana, COVID-19 impacted advanced energy employment in the state, but the industry still supported a workforce of more than 83,300 at the end of 2020, with employers expecting strong job growth this year.

“In spite of economic downturns nationwide, advanced energy jobs in Indiana should see a strong rebound in 2021,” said Caryl Auslander, director at Indiana AEE. “The advanced energy industry has proven it is ready to lead our post-COVID recovery, with employers projecting 6 percent job growth for the state. Not only do these jobs offer quality employment for Hoosiers, they spur added cost savings for consumers and create overall economic growth for our state.”

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Topics: State Policy, Press Releases, Indiana