Duke Energy Indiana to Purchase Wind Power

Business

September 2, 2006

Anonymous The Greensburg Daily News Sat Sep 02, 2006, 10:48 AM EDT

PLAINFIELD, IND. – Duke Energy Indiana has finalized an agreement to purchase up to 100 megawatts of wind-generated electricity from an Orion Energy wind farm under development in Benton County, Ind.

"Clean, ‘zero emissions’ wind-generated energy will be a good addition to our resource portfolio," said Duke Energy Indiana President Kay Pashos. "This project will also boost the local economy in an area where conditions make wind power possible. It's consistent with the state's new strategic energy plan that encourages innovative 'homegrown' ways to generate power within the state."

The 20-year agreement is the first significant, long-term purchase of wind power in Indiana. It is the result of a request for proposals Duke Energy Indiana (then PSI Energy) issued for green energy resources in late 2005. Pending regulatory approval, Duke Energy Indiana will begin purchasing the power in 2007.

"Duke Energy’s announcement is right in line with our new state energy plan to maximize Indiana’s wind energy potential," said Indiana Governor Mitch Daniels. "This is a small but significant part of Indiana’s long-term plan to find alternative sources of energy."

Orion Energy, an independent developer of wind projects, began developing the Benton County project on approximately 10,000 acres in late 2003. Located in York and Richland townships, the project is expected to go online by late 2007. Specific terms of the agreement are confidential. Duke Energy Indiana has filed for approval of the purchase power agreement with the Indiana Utility Regulatory Commission.

"We are very pleased to be working with Duke Energy to bring the first utility-scale wind energy project to Indiana," said Reid Buckley, Orion Energy vice president for development. "We value their strong commitment and leadership in tapping into the state’s potential to supply clean, renewable energy. Orion is also very appreciative of all the support we’ve received from local farming families and officials in Benton and Newton counties in the development of this project."

Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and unregulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in the Americas, including 28,000 megawatts of regulated generating capacity in the United States. Duke Energy’s Indiana operations provide 7,200 megawatts of safe, reliable and competitively priced electricity to more than 750,000 electric customers, making it the state’s largest electric supplier. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: http://www.duke-energy.com.

Text Only

Business

House of Ink opens
RUSHVILLE - The House of Ink is now open in Rushville, located at 128 W. Second Street.

February 3, 2012
Wireless takes over
By no means am I a trend setter.
If that were the case, the vast majority of the population would be wearing sweatpants and T-shirts seven days a week.

January 27, 2012
Don Meyer Ford supports FFA
Ford Motor Company's 2011-2012 commitment includes substantial support of National FFA events and $1,000 collegiate scholarships for hundreds of FFA members.

January 27, 2012
Midwestern Enginners selects new director
David Dahl, CEO of Midwestern Engineers, Inc. (MEI) is pleased to announce that Alan Burch, Eletrical/Power Distribution Engineer, became a Director of the company during 2011.

January 20, 2012
Local publisher specializes in undiscovered authors
Tracy Winters has been helping unpublished authors chase their dreams for over 20 years.
Winters owns and operates Greensburg's Winters Publishing with his wife Phyllis.

January 13, 2012 1 Photo
DCMH to celebrate 90 years
Turning 90 is reason for anyone to celebrate but even more appropriate when you've been providing service to the community for nine decades without interruption for 24 hours-a-day, seven-days-a-week.

January 6, 2012
Adamo's draws Christmas winner
Four-year-old Xander Cage drew the winning ticket Friday afternoon at Adamo's. The winner, Dacia Schwering, received $100 worth of prizes. Some of the prizes included a gigantic Rice Krispy Treat, DVDs, pretzels, hot chocolate mix and several more. Adamo's Italian Grill is located at 1036 North Lincoln Street in Greensburg.

January 3, 2012 1 Photo
Napoleon State Bank announces Junior Savers winners
NAPOLEON - Safari Jack (club mascot) of The Napoleon State Bank is excited to announce his Junior Savers Club Giveaway winners: Jenna Ackney and Brooklyn Black.

December 20, 2011 1 Photo
Skydive Greensburg to Finish Season in Frankfort
For fifteen years, Skydive Greensburg has been a part of the Greensburg community, bringing in more than 25,000 tourists and $1.4 million in direct and indirect income annually, according to economic impact studies.

September 14, 2011
NSB Awards Laptops to Grads
The Napoleon State Bank honored the following 2011 graduates as the winners of a HP ProBook Laptop given from the bank: Megan Berry graduate of South Ripley High School, Derek Lunsford of Jac-Cen-Del High School, Crystal Dahmen of South Decatur High School, Audrey West of North Decatur, and Caroline Hersley of Greensburg High School. The graduates all received a laptop to start their careers. Pictured with their new HP Laptops are (left to right) Derek Lunsford, Crystal Dahmen, President Les Kessens, Caroline Hersley, Audrey West, and Megan Berry.

July 2, 2011 1 Photo
More Business Headlines

Business

Search Results

Duke Energy Indiana to Purchase Wind Power

Site Map

Contact Us