November 1, 2018 Read More →

Indiana utility plans to be coal-free by 2028

Northwest Indiana Times:

NIPSCO sent its new strategy for electricity generation and transmission to the Indiana Utility Regulatory Commission on Wednesday, formally submitting a plan to retire its coal-fired R.M. Schahfer Generating Station in Wheatfield and the Michigan City coal plant.

The utility intends to replace coal with renewable sources, including solar and wind. NIPSCO President Violet Sistovaris said the decision to retire the four coal-fired generators at Schahfer by 2023 and one at Michigan City by 2028 was a result of the utility’s investigation of the most cost-effective, reliable and environmentally sustainable means to deliver power to its customers.

Ultimately, the company expects the transition to renewable sources to save money — estimating total customer savings of $4 billion over 20 years. And, it will reduce its carbon emissions by 90 percent by 2028.

“We see an opportunity to really invest in a balance of energy options and make energy more affordable and cleaner,” Sistovaris said. 

NIPSCO projects that, by 2023, 53 percent of its electricity will come from renewable sources, 24 percent from natural gas and 17 percent from coal. By 2028, renewable sources will constitute 65 percent of supply, with natural gas at 25 percent. The rest will come from purchases on the open market.

More: NIPSCO submits blueprint for shift from coal to renewables

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