Indiana approves new commercial coal gas power plant
Nov. 26
Indiana utility regulators have given the thumbs up to what could be the
first U.S. commercial-scale coal gasification power plant built in the last
decade.
Duke Energy Corp. received the green light from the Indiana Regulatory
Commission to build the 630-megawatt power plant. The cleaner-burning
facility will use advanced integrated gasification combined cycled
technology.
Duke Energy estimates the plant will cost $2 billion to build. Local, state
and federal tax incentives will offset the cost by more than $460 million.
Average electric rates in the area will increase approximately 16 percent
from 2008 through 2012. Duke Energy still needs to get an air permit from
the Indiana Department of Environmental Management.
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