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>>A new Indiana Chamber of
Commerce study explores the
direction the Hoosier state
needs to take to power its

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economic future.
It looks at five potential
scenarios for the evolution of
Indiana's electricity sector and

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offers some recommendations.
I'm pleased welcome Chamber
President and CEO Kevin Brinegar
to break down the report.

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as always, welcome.
>> Good to see you.
>> Okay, let's get right to it
one of the things that strikes

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me as Indiana has not had a
comprehensive energy plan since
2006.
>> That is correct in the

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chamber is calling for the
development of a state level
energy plan and we believe this
comprehensive study that has

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been put together by London
economics and internationally
own expert in energy and
infrastructure can serve as the

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basis for the development of a
new energy plan.
>> Obviously energy is so
important especially in a

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manufacturing state like India
and so much has changed over the
last 10-15 years especially when
it comes to things like coal.

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>> It's critical that we pay
close attention to our energy
needs and costs and reliability
being the most manufacture

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intensive state in the country
and we believe the new says it
all and our reliance on coal
just in the last ten years has

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gone from 90 percent for
powering electricity, which is
one of the highest in the
country down to 59 percent so a

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big change although we are still
21 percent higher than the
national average and the study
outlines five sort of

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alternative paths that Indiana
can go down and outlines the
advantages and disadvantages of
those to stay the current course

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to total deregulation to
distributed energy and other
things and we think ultimately
will combine some of those paths

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together to develop a thoughtful
strategic energy plan for
Indiana.
>> When you look at those

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potential pass what will you be
doing with these recommendations
I assume legislators and others
will be brought in to take a

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look.
>> Absolutely.
We've already shared the plan
this morning with the

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legislative energy task force
and we shared it with the
governor's office and
administration and we are going

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to use this plan as our guiding
star or our public policy with
respect to energy to remind them
not only where we have been but

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where we need to go as a state
and as we plan our energy future
to help our companies
particularly manufactures be as

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competitive as possible going
forward.
>> Only about 30 seconds but
where does Indiana stand when it

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comes to cost for businesses we
use to be certainly a state with
affordable energy.
>> Ten years ago or the turn of

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the century we will in the top
ten as far as lowest electricity
costs which is the main source.
We now rank about 31st in our

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costs have been going up faster
than other states but we've done
more to meet environmental
regulations and retire older

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plants at the end of the useful
life and over the next ten years
the study calls for and expects
that other states costs will go

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up faster than Indiana and ours
will level out.
As the other states catch up to
meeting those requirements and

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retiring older plants.
>> Comprehensive energy study
sponsored by the Chamber of
Commerce and you see the full

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report and get details on the
report at Indiana inside
business Indiana.
Always great to see you Kevin.