Every two years Hoosier Energy’s forecasting group takes a snapshot of energy trends to develop 20-year load forecasts across the power network. This business analysis is compiled into the Power Requirements Study (PRS) and it tackles three main business functions – system planning, budgeting and financial requirements. Tina Elliott and Justin Rice lead the forecasting work at Hoosier Energy and their process is research-focused and driven by data.
Managing consumer energy demand has taken many directions during the past 12 years. From helping members transition to LED lights to the recycling of inefficient refrigerators, the program continues to be nimble as it connects programs to meet member needs.
Glance up to the sky and the answer likely lies above. Nine times out of 10 when those clear blue skies change, electric service is threatened. How can you outguess Mother Nature? You can’t. But that doesn’t sway the Hoosier Energy Power Delivery team. It challenges them. They are always monitoring the weather, and if a storm rolls in or lightning strikes, they are ready.
Hoosier Energy recently signed a long-term power purchase agreement with Capital Dynamics CEI to buy 150 megawatts of power generated by the Ratts 2 Solar Project in Knox County, Indiana. Construction is expected to begin in 2022 with commercial operation anticipated in 2023.