Duke Energy Indiana to Conduct Feasibility Study on Cayuga Coal Unit Amid New Gas Plant Plans

Reuters06-18

Duke Energy Indiana to Conduct Feasibility Study on Cayuga Coal Unit Amid New Gas Plant Plans

Duke Energy Indiana, a subsidiary of Duke Energy Corporation, has reached a settlement agreement with Reliable Energy Inc., representing major coal producers in Indiana. This agreement allows Duke Energy Indiana to proceed with plans to construct new natural gas units at the Cayuga Generating Station in Vermillion County. The settlement also includes a feasibility study exploring the potential sale of existing coal units. Duke Energy Indiana, which serves approximately 920,000 customers and provides about 6,300 megawatts of electric capacity, continues to prioritize reliable, in-state power generation. This initiative aligns with Indiana's goals of maintaining energy resilience and ensuring affordable electricity for residents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duke Energy Corporation published the original content used to generate this news brief on June 17, 2025, and is solely responsible for the information contained therein.

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