Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource, will bring an additional 900 megawatts (MW) to Indiana with the Dunns Bridge I, Dunns Bridge II and Cavalry Solar Energy Centers as part of the company’s long-term generation strategy.
NIPSCO has finalized three build transfer agreements with subsidiaries of NextEra Energy Resources. The solar projects are expected to begin construction in 2022 and expected to be operational in 2022 and 2023.
NextEra Energy Resources will construct the projects and NIPSCO will enter into joint ventures to own, and operate and maintain some facets of these assets once construction is complete.
“The addition of these three solar projects and associated battery storage is an investment in the future of Indiana and the future of NIPSCO, as we deliver on our promise of bringing safe, reliable and affordable energy to our customers. Renewable technology continues to advance, and we are proud to be working with NextEra Energy Resources on the Dunns Bridge and Cavalry solar projects as we continue to implement our ‘Your Energy, Your Future’ plan.”Mike Hooper, NIPSCO president.
“Jasper County is pleased to continue our long-term relationship with NIPSCO with the development of the Dunn’s Bridge Solar Project. As the county continues to search for additional economic development projects in light of the coming retirement of the Schahfer Generating Station, we look forward to this new opportunity to bring stability to our county’s tax base.”Kendell Culp, Jasper County commissioner.
The Indiana-based Dunns Bridge I, Dunns Bridge II and Cavalry solar projects were selected through a Request for Proposal (RFP) solicitation that NIPSCO ran as part of its “Your Energy, Your Future” generation transition, which was announced in its 2018 Integrated Resource Plan (IRP).
Adding these three solar projects is the next step in bringing NIPSCO’s customer-centric “Your Energy, Your Future” plan to life. The company plans to be coal-free by 2028 adding a combination of cleaner energy sources to its existing portfolio, which includes natural gas and hydroelectric generation. This generation transition helps deliver a more affordable, reliable and sustainable energy mix for NIPSCO customers for years to come – saving customers $4 billion over the long term. On average, this transition would save NIPSCO customers an estimated $105 per year, just by eliminating the fuel costs of running its coal-fired generating plants.
Five renewable projects have previously been announced by NIPSCO, which include a combination of similar joint venture agreements and purchased power agreements. Two of the wind projects are near completion, including the Jordan Creek Wind Energy Center, a subsidiary of NextEra Energy Resources. NIPSCO will purchase the power directly from Jordan Creek Wind.