VERIFIED PETITION OF DUKE ENERGY INDIANA, LLC (“DUKE ENERGY INDIANA”) FOR AN ORDER: (1) AUTHORIZING PETITIONER TO ENTER INTO A POWER PURCHASE AGREEMENT (“PPA”) TO PURCHASE ALL CAPACITY AND DISCHARGING ENERGY FROM THE 150 MW WILLIAMS BATTERY PROJECT, AND FINDING THAT THE PROJECT AND TERMS OF THE PPA ARE JUST AND REASONABLE (THE “WILLIAMS PPA” AND “WILLIAMS BATTERY PROJECT”); (2) AUTHORIZING PETITIONER TO ENTER INTO A PPA TO PURCHASE ALL CAPACITY AND DISCHARGING ENERGY FROM THE 118 MW FLETCHER BATTERY PROJECT, AND FINDING THAT THE PROJECT AND TERMS OF THE PPA ARE JUST AND REASONABLE (THE “FLETCHER PPA” AND THE “FLETCHER BATTERY PROJECT”) (COLLECTIVELY, THE “BATTERY PPAS” AND THE “BATTERY PROJECTS”); (3) DETERMINING THE BATTERY PROJECTS TO BE ELIGIBLE CLEAN ENERGY PROJECTS FOR PURPOSES OF IND. CODE CH. 8-1-8.8; (4)AUTHORIZING FULL RECOVERY OF ENERGY COSTS ATTRIBUTABLE TO THE BATTERY PROJECTS THROUGH PETITIONER’S FUEL COST ADJUSTMENT(“FAC”) OVER THE ENTIRE TERMS OF THE BATTERY PPAS; (5) AUTHORIZING FULL RECOVERY OF CAPACITY COSTS ATTRIBUTABLE TO THE BATTERY PPAS THROUGH PETITIONER’S RELIABILITY ADJUSTMENT (“RA”) FILINGS OVER THE ENTIRE TERMS OF THE BATTERY PPAS; (6) AUTHORIZING FULL RECOVERY OF NON-FUEL REGIONAL TRANSMISSION OPERATOR (“RTO”) CHARGES AND CREDITS ATTRIBUTABLE TO THE BATTERY PROJECTS THROUGH PETITIONER’S RTO FILINGS OVER THE ENTIRE TERMS OF THE BATTERY PPAS; (7)AUTHORIZING FINANCIAL INCENTIVES; AND (8)APPROVING CONFIDENTIAL TREATMENT FOR PRICING AND OTHER NEGOTIATED COMMERCIAL TERMS AND RELATED CONFIDENTIAL INFORMATION. |