STORY OF THE WEEK

2014-01-05T00:00:00Z STORY OF THE WEEK nwitimes.com
January 05, 2014 12:00 am

Intercity bus service returning to LaPorte

Intercity bus service will return to LaPorte on Wednesday when Baron's Bus Lines starts a new route connecting LaPorte with eight other Indiana communities.

Society selects December Innovators of the Month

As part of its effort to highlight its 2012-13 class, the Society of Innovators of Northwest Indiana has selected the Critical Values Team of Portage Township Schools as its December Innovator of the Month.

Valparaiso native's project highlights sustainable living

Valparaiso native John Cribbs is striving to shine a spotlight on sustainable living, recently participating in the U.S. Department of Energy's Solar Decathlon.

Forecasters say Hoosier electricity prices will jump

A report prepared for the Indiana Utility Regulatory Commission is forecasting electricity use in Indiana will stagnate in coming decades while customer charges soar. The State Utility Forecasting Group is predicting a 32 percent increase in electricity rates in the next decade, while electricity use will increase just 0.74 percent per year.

Local financial experts: Fed to impact 2014 investments

Local financial experts predict the tapered monthly bond buying by the Federal Reserve will greatly affect investment strategies in 2014. They also foresee a continuing upward trend in the stock market, particularly in the global equity sector.

Gary-based energy company buys another power plant

A local energy company has bought its second power plant in as many months. Gary-based Sterling Energy Group, an independent producer of green energy, purchased a plant in Crawfordsville from Crawfordsville Electric Light & Power. The amount was not disclosed. The plant currently can generate 24.1 megawatts of electricity, but could support additional gas-fired power generation capacity. Sterling will look at installing clean coal technologies, and adding new combined cycle gas-fired capacity and a steam loop that would make it a combined heat and power facility.

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