NiSource
{{#badges: Climate change |CoalSwarm}}
 | |
| Type | Public (NYSE: NI) |
|---|---|
| Headquarters | 801 East 86th Ave. Merrillville, IN 46410 |
| Area served | DE, IN, KY, MA, MD, ME, NH, NJ, NY, OH, PA, VA, WV |
| Key people | Robert C. Skaggs Jr., CEO |
| Industry | Natural Gas Distributor Electric Producer & DIstributor |
| Products | Natural Gas, Electricity |
| Revenue | $6.89 billion (2007)[1] |
| Net income | ▲ $321.4 million (2007)[1] |
| Employees | 7,607 (2007) |
| Subsidiaries | Bay State Gas Columbia Gas of Kentucky Columbia Gas of Maryland Columbia Gas of Ohio Columbia Gas of Pennsylvania Columbia Gas of Virginia Columbia Gas Transmission Columbia Gulf Transmission NiSource Retail Services Crossroads Pipeline Energy USA-TPC Kokomo Gas & Fuel NIFL NIPSCO NiSource Energy Technologies Northern Utilities |
| Website | NiSource.com |
NiSource, Inc., based in Merrillville, Indiana, is a Fortune 500 company engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution. NiSource operating companies deliver energy to 3.8 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England.[2]
NiSource companies include:[3]
- Columbia Gas (Ohio, Kentucky, Pennsylvania, Maryland, Virginia)
- NIPSCO, "Northern Indiana Public Service Company" (Indiana)
- Bay State Gas (Massachusetts)
- Columbia Gas Transmission
Contents
CEO compensation
In April 2008, Forbes listed NiSource CEO Robert C. Skaggs Jr. as receiving $810,000 in total compensation in the previous fiscal year, with a five-year total compensation of $2.58 million. He ranked 39th on the list of CEOs in the Utility industry, and 498th out of all CEOs in the United States.[4]
Power portfolio
Out of its total 4,079 MW of electric generating capacity in 2005 (0.38% of the U.S. total), NiSource produced 85.1% from coal, 14.5% from natural gas, and 0.5% from hydroelectricity. All of NiSource's power plants are in Indiana.[5]
Political contributions
NiSource is one of the largest energy company contributors to both Republican and Democratic candidates for Congress. These contributions total $151,400 to the 110th US Congress (as of the third quarter), the largest of which has been to Rep. John Boehner (R-OH) for $7,500. Rep. Boehner, for his part, has consistently voted with the coal industry on energy, war and climate bills.[1]
Contributions like this from fossil fuel companies to members of Congress are often seen as a political barrier to pursuing clean energy.
More information on coal industry contributions to Congress can be found at FollowtheCoalMoney.org, a project sponsored by the nonpartisan, nonprofit Oil Change International and Appalachian Voices.
Existing coal-fired power plants
NiSource owned 10 coal-fired generating stations in 2005, with 3,470 MW of capacity. Here is a list of NiSource's coal power plants:[5][6][7]
| Plant Name | State | County | Year(s) Built | Capacity | 2007 CO2 Emissions | 2006 SO2 Emissions |
|---|---|---|---|---|---|---|
| Schahfer | IN | Jasper | 1976, 1979, 1983, 1986 | 1943 MW | 11,000,000 tons | 35,909 tons |
| Bailly | IN | Porter | 1962, 1968 | 604 MW | 3,793,000 tons | 3,309 tons |
| Michigan City | IN | La Porte | 1974 | 540 MW | 3,139,000 tons | 14,841 tons |
| Dean Mitchell | IN | Lake | 1959, 1970 | 384 MW | N/A tons | 7,276 tons |
In 2006, NiSource's 4 coal-fired power plants emitted at least 17.9 million tons of CO2 and 61,000 tons of SO2.
Dean Mitchell station to close, pollution controls at three other plants
On January 13, 2011, the Obama administration brokered a settlement in which Northern Indiana Public Service Co. will permanently shut down an idled coal-fired power plant in Gary, Indana - the Dean Mitchell Generating Station - and spend $600 million to install and improve pollution controls at its three other aging electric generators - Schahfer Generating Station in Wheatfield, Bailly Generating Station in Chesterton, and the Michigan City Generating Station. The improvements will reduce smog- and soot-forming sulfur oxide by 46,000 tons a year and curb lung-damaging nitrogen oxide by 18,000 tons annually, according to the U.S. Environmental Protection Agency. NIPSCO faced legal troubles for upgrading the power plants to keep them operating while failing to install modern pollution controls required under the Clean Air Act's New Source Review provisions. The plants avoided the toughest provisions of the law for decades, in part because regulators assumed during the 1970s that they wouldn’t be running much longer.[8]
The settlement is the 17th negotiated by the EPA and the Justice Department since Obama took office, as part of a national campaign to reduce air pollution from the oldest existing coal plants, some of which date back to the 1940s. Most of the cases have involved utilities in Illinois, Indiana and Ohio. NIPSCO also will pay a $3.5 million fine and spend another $9.5 million on environmental projects, including soot filters for old diesel engines, cleaner woodstoves and restoration of land next to the Indiana Dunes National Lakeshore.[8]
Contact details
NiSource Inc.
801 East 86th Avenue
Merrillville, IN 46410
Website: http://www.nisource.com/
Articles and Resources
References
- ↑ Jump up to: 1.0 1.1 NiSource Inc., BusinessWeek Company Insight Center, accessed July 2008.
- ↑ NiSource, "NiSource Corporate Profile", Nisource website, August 2009.
- ↑ NiSource, "Annual Report to the U.S. Securities and Exchange Commission for the year to December 31, 2008", Filed February 27, 2009.
- ↑ CEO Compensation: #489 Robert C Skaggs Jr, Forbes.com, April 30, 2008.
- ↑ Jump up to: 5.0 5.1 Existing Electric Generating Units in the United States, 2005, Energy Information Administration, accessed April 2008.
- ↑ Environmental Integrity Project, Dirty Kilowatts: America’s Most Polluting Power Plants, July 2007.
- ↑ Dig Deeper, Carbon Monitoring for Action database, accessed June 2008.
- ↑ Jump up to: 8.0 8.1 Michael Hawthorne, "Deal would clear up coal-plant pollution" Chicago tribune, Jan. 13, 2011.
Related SourceWatch Articles
External Articles
Wikipedia also has an article on NiSource. This article may use content from the Wikipedia article under the terms of the GFDL.
