Gov. Mitch Daniels, R-Ind., has signed into law a voluntary clean energy portfolio standard (CPS), which sets a goal of 10% of the state's electric generation to come from clean energy sources by 2025 and incentivizes utilities to participate in the CPS, the American Wind Energy Association (AWEA) reports.
S.B.251 encourages investment in the state's growing wind industry as well as other forms of lower-emission energy, including solar, nuclear, clean coal and hydro, according to AWEA, which praised the passage of the bill.
‘For Indiana to keep this forward momentum going, leaders will need to ensure that the right policies are put in place to create a stable business and investment environment,’ says Denise Bode, CEO of AWEA.
The bill reflects an amendment offered in the Indiana House by Rep. David Frizzell, R-Indianapolis, which calls for at least 50% of the qualifying energy obtained by Indiana utilities participating in the CPS to come from within the state. The House passed the amended bill on a bipartisan vote of 62-34 on April 21, and the Senate passed the bill by a 31-19 bipartisan vote on April 26.
