Tuesday Feb 07, 2023

Energy News Roundup: Indiana sees price hikes, Pennsylvania, Wisconsin and Ohio struggle with solar – Great Lakes Now

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Keep up with energy-related developments in the Great Lakes area with Great Lakes Now’s biweekly headline roundup.

Click on the headline to read the full story:

 

Illinois:

Officials in Normal, Illinois, see Rivian’s growth and corporate culture as a key part of the city’s long-term sustainability plan.

 

Indiana:

Extreme heat could lead to an “energy emergency” in Indiana, 14 other states and a Canadian province this summer as people and businesses use more electricity for air conditioning.

That’s according to a report by the North American Electric Reliability Corporation. It said there’s not enough energy on the regional grid to meet peak demand.

The Central Indiana utility company has requested a fuel adjustment charge (FAC) rate increase from the Indiana Utility Regulatory Commission. This would result in an increase of $24.39 on a utility bill, or 18.9%, for an average residential customer using 1,000 kilowatt-hours (kWh) per month.

Homeowners in southern Indiana will see their electricity bills rise, again, in the coming years after the state approved a utility’s request to build a new power plant — one the utility says will rarely operate.

The Indiana Utility Regulatory Commission on Tuesday gave the thumbs up to CenterPoint Energy to build two new natural gas combustion turbines in place of one of its former coal plants. The approval also means that the utility can ask to increase rates so customers are left covering the cost.

Solar power is about to become much more expensive for Hoosiers as a state policy meant to help boost the renewable energy in the state expires on July 1. Once that deadline passes, Indiana utility customers will no longer be allowed to participate in what is called net metering when they install solar panels on their roofs.

 

Michigan:

Michigan Energy First funded the research of Lawrence Livermore National Laboratory, a federal research lab in the Bay Area, into carbon capture and local sentiment on it.

Michigan regulators on Thursday approved Consumers Energy’s plan to be one of the first utilities in the country no longer to burn coal by 2025, a move the Jackson-based energy company says still will offer reliability and save customers money.

The Michigan Public Service Commission approved the CMS Corp. subsidiary’s integrated resource plan, a 20-year blueprint illustrating how the company expects to meet the needs of its 1.8 million residential and business customers throughout the Lower Peninsula. The plan moves up the retirements of its coal plants by as much as 15 years and will save customers an estimated $600 million by 2040.

 

Minnesota:

In total, the deal struck over the energy budget would have spent about $46.5 million from the state’s general fund over the next three years and another $36 million from the Renewable Development Account.

The Minnesota Court of Appeals has sided both in favor of solar developers and county officials in recent cases that challenged the denial of permits to build community solar projects in rural areas.

On top of soaring gas prices, Minnesotans who get their natural gas from CenterPoint Energy are on the hook for $466 million to cover five days of energy costs when prices surged during the 2021 winter storm that crippled Texas’ power grid.

Minnesotans are slated to pay an additional $7.44 a month on average for 63 months to pay for the gas used during the storm, while CenterPoint isn’…….

Source: https://www.greatlakesnow.org/2022/07/energy-news-roundup-prices-hikes-solar-struggle/

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