New rules that may temporarily delay closure of coal plants were signed into law by Indiana Gov. Eric Holcomb (R).
House Bill 1414, which the governor signed Saturday, requires electric utilities to provide six months advanced notice of an intent to close a plant if that closure wasn’t part of the utility’s long-term power supply plan on file with state regulators. If the closure was part of a utility’s long-term plan, called an Integrated Resource Plan, it still must give the state notice and wait up to 120 days while the Indiana Utility Regulatory Commission issues a report on ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.