NiSource Updates Emissions Reduction Targets
Merrillville-based NiSource Inc. (NYSE: NI) has released its 2018 Integrated Annual Report, which details new emissions reduction targets that the company says it expects to meet by 2030. NiSource says the targets are more aggressive and driven by a plan announced in 2018 by Northern Indiana Public Service Co. to scrap all of its coal-fired electric generation by 2028 and replace it with renewable energy sources such as wind, solar and battery storage technology.
According to the report, NiSource also expects to reduce the following by 2030:
- Nitrogen oxide, sulfur dioxide and mercury emissions by 99 percent from 2005 levels (compared with 90 percent by 2025 under the 2016 targets)
- Water withdrawal by 99 percent from 2005 levels (compared with 90 percent by 2025 under the 2016 targets)
- Wastewater discharge by 99 percent from 2005 levels (compared with 60 percent by 2025 under the 2016 targets)
- Coal ash generated by 100 percent from 2005 levels (compared with 50 percent by 2025 under the 2016 targets
In the natural gas business, NiSource says it will work to reduce methane emissions from gas main and service lines by 50 percent from 2005 levels as its pipeline modernization programs progress.
"NiSource has long been committed to improving the environmental performance of our energy systems and making it more affordable for our customers. The updated targets we're highlighting in our 2018 Integrated Annual Report demonstrate our continued progress doing just that. We'll continue to make our business more sustainable for our customers, the communities we serve, our employees and our investors," said NiSource President and CEO Joe Hamrock in a news release.
To view the full report, click here.