Northern Indiana Public Service Company LLC (“NIPSCO”) does business in the State of Indiana as a regulated public utility and generates, transmits and distributes electricity for sale in Indiana and the broader Midcontinent Independent System Operator, Inc. (“MISO”) regional electricity market. NIPSCO, headquartered in Merrillville, IN, is one of the seven energy distribution companies of NiSource Inc. (NYSE: NI). NIPSCO currently serves approximately 468,000 electric customers in northern Indiana. NIPSCO’s electric portfolio consists of approximately 2,900 megawatts (“MW”) of generation capacity and over 12,800 miles of transmission and distribution lines in Indiana. NIPSCO owns a mix of generating resources consisting of coal-fired, natural gas-fired, and hydroelectric plants. For more information, refer to NIPSCO’s website at www.nipsco.com.
NIPSCO is committed to meeting the energy needs of its customers today and in the future. In November 2018, NIPSCO intends to submit an Integrated Resource Plan (“2018 IRP”) update to the Indiana Utility Regulatory Commission (“IURC”), largely focused on identifying the preferred resource options to meet an anticipated shortfall in capacity compared to its load starting in 2023. As part of the ongoing IRP update process, NIPSCO has concluded that it is in the best interest of its customers to seek to acquire, construct or contract for additional capacity that qualifies as a MISO internal resource (i.e. not pseudo-tied into MISO) with physical deliverability utilizing Network Resource Integration Service (“NRIS”) to MISO Local Resource Zone 6. Through this RFP, NIPSCO seeks to satisfy this capacity need through either a single resource or multiple resources including dispatchable and semi-dispatchable generation, renewables, demand resources (“DR”), stand-alone and paired storage, and contractual arrangements. More information on the 2018 IRP is available at https://www.nipsco.com/about-us/integrated-resource-plan.
NIPSCO has retained Charles River Associates (“CRA”) to manage the RFP process for the purpose of creating this RFP and soliciting Proposals. CRA also will serve as the independent third party to evaluate all Proposals on behalf of NIPSCO.
Several important milestone dates for the RFP process are shown below: