Duke Energy Indiana’s (DEI) Edwardsport IGCC Power Plant is one of the world’s cleanest coal-fired power generating stations and is the first to use integrated gasification combined cycle (IGCC) technology on this scale.

DEI appointed Pegasus-Global as an independent auditor to plan and conduct an independent prudence audit of their planning management in the execution of the $3.5 billion plant project.

First, the prudence audit examined DEI’s project management processes, metrics, and procedures to ascertain if they conformed to accepted industry standards. Second, Pegasus-Global examined DEI’s actions and decisions to determine if they were prudent (as defined by Indiana state regulations and case precedence). The results of the Edwardsport IGCC Project prudence audit were presented by Pegasus-Global via both pre-filed and oral testimony before the Indiana Utility Regulatory Commission in November 2011.