{"id":861472,"date":"2025-06-17T14:59:12","date_gmt":"2025-06-17T18:59:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/"},"modified":"2025-06-17T14:59:12","modified_gmt":"2025-06-17T18:59:12","slug":"duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/","title":{"rendered":"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <b>The study will explore the possibility of a sale of existing coal units <\/b>\n        <\/li>\n<li>\n          <b>Settlement with state&#8217;s coal producers is aligned with <span class=\"xn-location\">Indiana<\/span> Governor <span class=\"xn-person\">Mike Braun&#8217;s<\/span> executive orders on coal<\/b>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">PLAINFIELD, Ind.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">June 17, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0Duke Energy Indiana and Reliable Energy Inc., which represents several of <span class=\"xn-location\">Indiana&#8217;s<\/span> major coal producers, have reached a settlement in Duke Energy Indiana&#8217;s request pending before the Indiana Utility Regulatory Commission for a proposed new natural gas plant at its Cayuga Generating Station in <span class=\"xn-location\">Vermillion County, Ind.<\/span><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" title=\"Duke Energy logo (PRNewsfoto\/Duke Energy)\" alt=\"Duke Energy logo (PRNewsfoto\/Duke Energy)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>If state utility regulators approve the gas plant proposal as well as the settlement, Duke Energy Indiana has agreed to perform an engineering study to evaluate the technical feasibility of continued operation of the site&#8217;s current coal units by third parties that may be interested in purchasing them. Duke Energy would then issue a request for proposal to solicit interest in the coal units, which could be available for sale after the two proposed gas units are placed in service in 2029 and 2030.<\/p>\n<p>&#8220;The settlement is aligned with <span class=\"xn-location\">Indiana<\/span> Governor <span class=\"xn-person\">Mike Braun&#8217;s<\/span> recent executive orders aimed at making sure there&#8217;s a careful evaluation before retiring coal units and encouraging additions to the state&#8217;s power supplies,&#8221; said Duke Energy Indiana President <span class=\"xn-person\">Stan Pinegar<\/span>. &#8220;The new natural gas units we&#8217;ve proposed add additional, highly efficient power capacity to <span class=\"xn-location\">Indiana&#8217;s<\/span> electric grid. This agreement commits to studying the feasibility of a third party continuing to operate <span class=\"xn-location\">Cayuga&#8217;s<\/span> existing coal units once the <span class=\"xn-location\">Cayuga<\/span> gas units are operational.&#8221;<\/p>\n<p>A condition of the settlement is that this process will not affect the construction schedule, estimated cost or future operation of the new gas units.<\/p>\n<p>&#8220;This agreement represents a meaningful step toward preserving reliable, in-state power generation for Hoosiers,&#8221;\u00a0said Reliable Energy President <span class=\"xn-person\">Savannah Kerstiens<\/span>. &#8220;It\u00a0wouldn&#8217;t have been possible without the leadership of Governor Braun and Secretary Jaworowski, whose continued commitment to <span class=\"xn-location\">Indiana&#8217;s<\/span> energy resilience made this outcome achievable. As the state works to attract new investment and grow the economy, ensuring affordable electricity for working families means keeping every option on the table to maintain generation capacity.&#8221;<\/p>\n<p>\n        <b>Duke Energy Indiana <\/b>\n      <\/p>\n<p>Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 920,000 customers in a 23,000-square-mile service area, making it <span class=\"xn-location\">Indiana&#8217;s<\/span> largest electric supplier.<\/p>\n<p>\n        <b>Duke Energy\u00a0<\/b>\n      <\/p>\n<p>Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in <span class=\"xn-location\">Charlotte, N.C.<\/span>, is one of America&#8217;s largest energy holding companies. The company&#8217;s electric utilities serve 8.6 million customers in <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Florida<\/span>, <span class=\"xn-location\">Indiana<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Tennessee<\/span>, <span class=\"xn-location\">Ohio<\/span> and Kentucky.\u00a0<\/p>\n<p>Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.\u00a0<\/p>\n<p>More information is available at\u202f<a href=\"http:\/\/www.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow\">duke-energy.com<\/a> and the <a href=\"https:\/\/news.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow\">Duke Energy News Center<\/a>. Follow Duke Energy on\u202f<a href=\"https:\/\/x.com\/dukeenergy\" target=\"_blank\" rel=\"nofollow\">X<\/a>,\u202f<a href=\"https:\/\/www.linkedin.com\/company\/duke-energy-corporation\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a>,\u202f<a href=\"https:\/\/www.instagram.com\/duke_energy\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a>\u202fand\u202f<a href=\"https:\/\/www.facebook.com\/dukeenergy\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a>, and visit <a href=\"http:\/\/illumination.duke-energy.com\/\" target=\"_blank\" rel=\"nofollow\">illumination<\/a>\u202ffor stories about the people and innovations powering our energy transition.\u00a0<\/p>\n<p>Contact: <span class=\"xn-person\">Angeline Protogere<\/span><br \/>24-Hour: 800.559.3853<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL12733&amp;sd=2025-06-17\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site-302484289.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site-302484289.html<\/a><\/p>\n<p>SOURCE  Duke Energy<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL12733&amp;Transmission_Id=202506171455PR_NEWS_USPR_____CL12733&amp;DateId=20250617\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire The study will explore the possibility of a sale of existing coal units Settlement with state&#8217;s coal producers is aligned with Indiana Governor Mike Braun&#8217;s executive orders on coal PLAINFIELD, Ind. , June 17, 2025 \/PRNewswire\/ &#8212;\u00a0Duke Energy Indiana and Reliable Energy Inc., which represents several of Indiana&#8217;s major coal producers, have reached a settlement in Duke Energy Indiana&#8217;s request pending before the Indiana Utility Regulatory Commission for a proposed new natural gas plant at its Cayuga Generating Station in Vermillion County, Ind. If state utility regulators approve the gas plant proposal as well as the settlement, Duke Energy Indiana has agreed to perform an engineering study to evaluate the technical feasibility of continued operation of the site&#8217;s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-861472","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire The study will explore the possibility of a sale of existing coal units Settlement with state&#8217;s coal producers is aligned with Indiana Governor Mike Braun&#8217;s executive orders on coal PLAINFIELD, Ind. , June 17, 2025 \/PRNewswire\/ &#8212;\u00a0Duke Energy Indiana and Reliable Energy Inc., which represents several of Indiana&#8217;s major coal producers, have reached a settlement in Duke Energy Indiana&#8217;s request pending before the Indiana Utility Regulatory Commission for a proposed new natural gas plant at its Cayuga Generating Station in Vermillion County, Ind. If state utility regulators approve the gas plant proposal as well as the settlement, Duke Energy Indiana has agreed to perform an engineering study to evaluate the technical feasibility of continued operation of the site&#8217;s &hellip; Continue reading &quot;Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-17T18:59:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site\",\"datePublished\":\"2025-06-17T18:59:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\\\/\"},\"wordCount\":556,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/660545\\\/Duke_Energy_New_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\\\/\",\"name\":\"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/","og_locale":"en_US","og_type":"article","og_title":"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site - Market Newsdesk","og_description":"PR Newswire The study will explore the possibility of a sale of existing coal units Settlement with state&#8217;s coal producers is aligned with Indiana Governor Mike Braun&#8217;s executive orders on coal PLAINFIELD, Ind. , June 17, 2025 \/PRNewswire\/ &#8212;\u00a0Duke Energy Indiana and Reliable Energy Inc., which represents several of Indiana&#8217;s major coal producers, have reached a settlement in Duke Energy Indiana&#8217;s request pending before the Indiana Utility Regulatory Commission for a proposed new natural gas plant at its Cayuga Generating Station in Vermillion County, Ind. If state utility regulators approve the gas plant proposal as well as the settlement, Duke Energy Indiana has agreed to perform an engineering study to evaluate the technical feasibility of continued operation of the site&#8217;s &hellip; Continue reading \"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/","og_site_name":"Market Newsdesk","article_published_time":"2025-06-17T18:59:12+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site","datePublished":"2025-06-17T18:59:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/"},"wordCount":556,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-indiana-agrees-to-cayuga-coal-unit-feasibility-study-in-addition-to-building-new-gas-units-on-site\/","name":"Duke Energy Indiana agrees to Cayuga coal unit feasibility study in addition to building new gas units on-site - 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