NIPSCO Embarking On One of Biggest Transitions in Company History

NIPSCO, a utility based in Merrillville, Indiana, is undergoing a substantial transition, replacing coal-fired plants with 14 new solar and wind facilities in Indiana and Kentucky. This marks a significant shift toward a decentralized energy production network, utilizing wind and solar farms, battery storage, natural gas, and purchased electricity to enhance reliability. The projects, estimated to save consumers $4.4 billion, are part of a national trend driving down the cost of renewable energy. NIPSCO plans to have eight solar farms and six wind farms, with a focus on a balanced energy mix to address intermittency. The utility is also investing in a natural gas peaker to supplement renewable energy. Despite criticism for a perceived delay in transitioning, NIPSCO aims to offer long-term economic advantages to customers through renewable energy adoption.

‘”Technology evolves. We evolve with it,” NIPSCO President Mike Hooper said. “For customers, it will mean a combination of lower overall costs in the long term as well as environmental benefits. We’re reducing our carbon footprint.”‘

Read more