AES Indiana's $1.1bn Coal Exit, Green Megawatts Plan
- AES Indiana is leading the charge in energy transition with a $1.1 billion investment in Pike County, Indiana. From coal to gas, solar to storage, they're paving the way for a cleaner, greener future.
AES Indiana, a utility company, is investing $1.1 billion in energy transition projects in Pike County, Indiana. This includes converting its last remaining coal-fired units to run on gas, completing a solar-plus-storage project by the end of 2025, and installing a new 200-MW battery energy storage system. The Petersburg Energy Center will generate 250 MW of solar power and store 180 MWh in its co-located BESS. The company plans to convert the Petersburg Generating Station to burn natural gas instead of coal by the end of 2026, making it the first utility in Indiana to exit coal-based power production.
These investments are part of AES Indiana's energy diversification plan for Pike County, aligning with its 2022 Integrated Resource Plan. The company aims to transition from coal to natural gas and add wind, solar, and battery energy storage capacity over the next five years. The projects are expected to contribute to the company's goal of reducing carbon emissions and increasing renewable energy generation in the region.
What is AES Indiana's $1.1 billion energy transition plan in Pike County?
- AES Indiana is investing $1.1 billion in energy transition projects in Pike County, Indiana
- The plan includes converting the last remaining coal-fired units to run on gas
- AES Indiana will complete a solar-plus-storage project by the end of 2025
- A new 200-MW battery energy storage system will be installed as part of the plan
- The Petersburg Energy Center will generate 250 MW of solar power and store 180 MWh in its co-located BESS
- AES Indiana plans to convert the Petersburg Generating Station to burn natural gas by the end of 2026
- These investments are part of AES Indiana's energy diversification plan for Pike County, aligning with its 2022 Integrated Resource Plan
- The company aims to transition from coal to natural gas and add wind, solar, and battery energy storage capacity over the next five years
- The projects are expected to help AES Indiana reduce carbon emissions and increase renewable energy generation in the region.