Company continues to provide reliable energy for Indiana by deploying a balanced set of generation sources while it evaluates long-term energy mix
New Posey Solar project and new A.B. Brown natural gas-fired generation facility targeted to be operational in 2025; F.B. Culley Unit 3 conversion from coal to natural gas is paused
Company will reassess Culley Unit 3 and broader energy mix through analysis of future generation needs and stakeholder engagement
Evansville, Ind. – Feb. 26, 2025 – CenterPoint Energy’s Indiana electric business today launched its 2025 Integrated Resource Plan (IRP) process, which will assist the company in setting its long-term strategy for electric generation and power needs for its 150,000 customers in southwestern Indiana. The IRP process, which takes place every three years, includes an analysis of electric generation options and involves a comprehensive stakeholder engagement component.
While evaluating Indiana’s future power generation needs through this process, CenterPoint remains committed to providing reliable energy using dispatchable and renewable generation as it transitions to a diverse energy portfolio. The new Posey County 191 MW solar array and A.B. Brown’s new 460 MW natural gas-fired generation are targeted to be operational in 2025.
The company plans to continue operating F.B. Culley Generating Station Unit 3 using coal through 2027. This approach provides time to evaluate future generation needs and the energy mix. It also considers the affordability impact of electric customers’ bills and supports increasing energy demand in the region.
“We are excited to continue addressing our customers’ energy needs by bringing new, diverse generation resources online as part of CenterPoint’s long-term transformation in southwestern Indiana,” said Shane Bradford, Vice President of Indiana Electric. “Pausing the Culley Unit 3 conversion from coal to natural gas lets us reassess long-term energy solutions while balancing affordability and reliability. Our upcoming IRP will involve a comprehensive review of generation resources for the next 20 years.”
CenterPoint remains focused on meeting customers’ energy needs while adapting to evolving market and regulatory conditions. Through the IRP process, the company will evaluate strategies to support long-term reliability, affordability, resiliency, sustainability and regional growth while considering market trends and system needs. As part of this effort, the company will continue working with stakeholders to assess its generation mix and potential future needs of renewables, natural gas infrastructure and grid modernization.
CenterPoint will host a series of public stakeholder meetings in 2025 to provide updates and gather input:
· Public stakeholder meeting #1 – March 19, 2025
· Public stakeholder meeting #2 – May 14, 2025
· Public stakeholder meeting #3 – July 23, 2025
· Public stakeholder meeting #4 – Sept. 23, 2025
