CenterPoint Energy has a plan for reliable, reasonably priced and well-balanced energy mix for southwestern Indiana.
Renewables represent the next component of our Smart Energy Future Plan in Indiana through our long-term generation portfolio transition plan.
Our generation transition plan shifts generation from coal to renewables and natural gas in the near term with a long-term shift from natural gas to mostly renewables.
Currently, 85% of electricity generated for southwest Indiana customers comes from coal. By 2030, we expect that more than 80% of CenterPoint Energy’s electricity will be generated by solar and wind, with the remainder provided by natural gas.
2023 to 2030 Energy Production
4% Natural Gas
19% Natural Gas
Direct Renewable Investments
Expanding Our Renewable Portfolio in Indiana
- Support our Net Zero transition
- Work toward conversion of F.B. Culley 3, the last coal unit operated by CenterPoint Energy, to natural gas by the end of 2027
- Expect to add 200 MW of wind and 200 MW of solar by 2030, with the potential need for an additional 400 MW of wind resources by 2032
Supporting Renewable Investments
Connecting Renewable Generation in the Houston area
- Planned $750 million of investments over 10 years
- 10 utility-scale solar projects are under development
- Evaluating incremental renewable and storage projects in 2023
Piloting Green Hydrogen as a Zero-Carbon Energy Resource for Use in Our Local Gas Distribution Systems
We are proud to be one of the first natural gas utilities in the United States to produce and add green hydrogen to its distribution system. In 2022, we launched a green hydrogen pilot project in Minnesota, using renewable electricity to safely split hydrogen from water and then blend the hydrogen at low concentrations with natural gas. Because there are essentially no carbon emissions from either its production or end-use, green hydrogen has the potential to be an important zero-carbon supplement to conventional natural gas.