The Hoosier Energy portfolio has grown and diversified to meet member needs and manage risk.


Changes from 2020 to 2023


• Increased portfolio size (in MW) approximately 11 percent between 2020 and 2023.


• Added 200 MW of solar to the portfolio in 2022 via the Riverstart Solar project.


• Diversified counterparties from four in 2020 to 10 in 2023.


• Signed agreements to participate in the Palisades Nuclear re-powering.


• Added natural gas resources to lessen coal dependency.


• Added purchased power agreements (PPAs) to shift operating risk.


• Board decided in Jan. 2020 to pursue a more diverse resource mix, which included stepping away from Merom ownership.


• Board approved ownership transfer of the Merom plant to Hallador Energy in 2022.



Expected changes from 2023 to 2043


• Replacement resources are expected to include a combination of natural gas, nuclear, wind, solar and battery storage, both owned and purchased.


• Adapt to MiSO’s evolving reliability regulations by prioritizing stable, firm resources in order to meet load requirements during periods of high risk.


• Mitigate environmental regulatory risk by diversifying resources to include wind, solar and battery storage.


• Enchance risk and opportunity analysis to understand and mitigate vulnerabilities without compromising possibility.


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