MERRILLVILLE, Ind. (AP) — NIPSCO says it plans to retire about half of its coal-fired power generating capacity by the end of 2023 primarily because of new environmental regulations and low natural gas prices.
The northern Indiana utility said in a long-range plan submitted Tuesday to the Indiana Utility Regulatory Commission that it plans to shut down its Bailly Generating Station in Chesterton by mid-2018 and two units at its Schahfer Generating Station in Wheatfield by the end of 2023.
Other Indiana utilities including Duke Energy also have retired some of their coal-fired power generation in recent years.
NIPSCO says it plans to rely primarily on its own generating capacity through 2019 to offset the closures but later may buy or build a combined-cycle gas turbine electric generating station to meet customer needs.
Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.