AES Indiana — Investor Presentation (March 2019)
9 slides from AES Indiana's investor presentation, Mar 26, 2019
Slide 1: Sierra Club - Beyond Coal: Should Indianapolis be the last major American City powered by coal?
Sierra Club - Beyond Coal Should Indianapolis be the last major American City powered by coal? March 26, 2019
Slide 2: The 11 Year Problem
The 11 Year Problem
Slide 3: Indiana Mayors are sticking with #Paris Agreement
Indiana Mayors are sticking with #Paris Agreement Mayor Brainard - Carmel, IN Mayor Buttigieg - South Bend, IN Mayor Dennis - West Lafayette, IN Mayor Freeman- Wilson - Gary, IN Mayor Hamilton - Bloomington, IN | > Mayor Henry - Ft Wayne, IN | Mayor Hogsett - Indianapolis, IN j A 6) i. PY ong aTHE E
Slide 4: Yale Climate Opinion Maps (2018)
Yale Climate Opinion Maps (2018) ● 62% of Marion County Residents are worried about global warming ● 70% want corporations to do more to address global warming ● 68% of Marion County Residents want requirements for utility companies to produce 20% of their energy with renewable energy ● 80% support
Slide 5: The 2019 Thrive Plan calls for 100 percent renewable energy by 2050
● The 2019 Thrive Plan calls for a commitment to power the city with 100 percent renewable energy by 2050. ○ Indianapolis residents provided comments on the plan asking for 100% renewable energy by 2030. ○ The most crucial question around achieving this goal is retirement of Petersburg which current
Slide 6: Within 10 years NIPSCO will have installed generation capacity that is 75% renewable
● Within 10 years NIPSCO will have installed generation capacity that is 75% renewable energy sources. ● NIPSCO’s proposal will save customers $4 billion.
Slide 7: IPL should commit to retire Petersburg by no later than 2028
● IPL should commit to retire Petersburg by no later than 2028, and ensure all future investments are in renewable energy and energy efficiency. ● IPL should commit to conduct an all-source RFP for any capacity additions ● IPL should utilize NIPSCO data in making assumptions about costs of renewable
Slide 8: Petersburg Retirement Models we'd like to see
● Petersburg Retirement Models we’d like to see: ○ Retirement of all units by 2024 ○ Retirement of units 1 & 2 by 2024 and remaining units by 2028 ○ Retirement of all units no later than 2028
Slide 9: IPL has the power to decide. As such IPL has a responsibility.
IPL has the power to decide. As such IPL has a responsibility.