Northern Indiana Public Service Co. (NIPSCO)

NextEra
Report: Energy Storage Would Save Indiana Utilities $73M
Three Indiana utilities could save customers a combined $73 million if they ditched plans to build new gas plants and invested in battery storage, report says.
U.S. Geological Survey
NiSource Selling Minority Interest in NIPSCO
NiSource intends to sell up to a nearly 20% stake in its subsidiary NIPSCO to cover the costs of grid modernization and a bigger push to net-zero emissions.
PJM
Illinois Climate Bill Could Force $2B in Transmission Upgrades, PJM Says
Illinois’ climate goals could cost other states in PJM and MISO tens of millions in transmission upgrades as coal and natural gas power plants are retired.
Indiana Bill Seeks Slowdown of Coal Closures
The Indiana House of Reps passed a bill that could prolong the retiring or selling coal plants when the state is moving toward cleaner alternatives.
NiSource Earnings Feel Aftershocks of Gas Explosions
NiSource lost money last quarter as the company continues to face costs stemming from a string of gas pipeline explosions in three Massachusetts cities.
Key Details Change in MISO MEP Cost Allocation Plan
MISO is circulating a cost allocation plan that would lower voltage thresholds but raise cost minimums on economically beneficial transmission projects.
MISO Mulling Next Steps on Cost Allocation Overhaul
MISO will still pursue major aspects of a transmission proposal that FERC rejected, but is debating keeping its proposed local economic project type.
Refinancing, Completed Tx, Round out NiSource Q2
NiSource reported second-quarter earnings of $23.2 million, compared to a net loss of $44.4 million for the same period a year ago.
FERC Broadens Challenge to TOs’ Tax Calculations
FERC identified 13 additional transmission owners it said should change accounting practices that could inflate rates by underestimating tax credits.
NiSource
Infrastructure Spending ‘Biggest Driver’ of NiSource Earnings
NiSource is seeking rate hikes across multiple states to cover hefty infrastructure investments after a 13% increase in Q1 2018 earnings.

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