Hoosier Energy agrees to settlement
The agreement filed in federal court in Indianapolis also requires Bloomington-based Hoosier Energy to pay a $950,000 civil penalty and spend $5 million on environmental projects.
The U.S. Environmental Protection Agency alleged in 2008 that Hoosier Energy violated the Clean Air Act by modifying its Merom power plant in west-central Indiana without first obtaining needed permits.
Hoosier Energy says it will spend between $50 million and $100 million to add air emission controls at the Merom plant and the Frank E. Ratts power plant near Petersburg. The upgrades will cut the plantsÂ’ annual emissions about 24,500 tons.
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Nine EU countries oppose electricity market reforms as fix for energy price spike
BRUSSELS - Germany, Denmark, Ireland and six other European countries said on Monday they would not support a reform of the EU electricity market, ahead of an emergency meeting of energy ministers to discuss the recent price spike.
European gas and power prices soared to record high levels in autumn and have remained high, prompting countries including Spain and France to urge Brussels to redesign its electricity market rules.
Nine countries on Monday poured cold water on those proposals, in a joint statement that said they "cannot support any measure that conflicts with the internal gas and electricity market" such…
