AES Indiana could be the first large utility in Indiana to abandon coal as a fuel source, but it is still waiting to get approval from state utility regulators.
If that change is approved, AES Indiana is poised for a $300 million conversion of the plant to burn natural gas. Experts believe natural gas is both cheaper and somewhat cleaner fuel. Earlier this month, AES Indiana said they are making $1.1 billion dollars in investments into Pike County’s energy future from 2024 to 2026.
Those include the repowering of Petersburg Generating Station Units 3 and 4 from coal to natural gas.