Question-and-Answer Session
Operator
Certainly. (Operator Instructions). And we'll take our first question from Dan Eggers with Credit Suisse.
Dan Eggers - Credit Suisse
Good morning.
Jim Rogers
Good morning, Dan.
Dan Eggers - Credit Suisse
First question, just on Ohio, you thought that there was some more work to be done with [Ohio's] legislation. Can you just give us a run down on what you think still needs to be added to get Ohio where it needs to be?
Jim Rogers
Well I going to be to, Dan, circumspect with respect this, because we are in that negotiating discussion, working through the solutions phase, now that it's out of the senate into the House. And we are working with the various stakeholders in the state to get greater clarity with respect. I think one of the areas that needs to be defined in a clear way is with respect to the Commission's ability to allow us to go to market in the whole process of the renegotiation, and how that will work going forward.
So, there is work that needs to get done there. It is unclear whether utility, for instance, can recover capacity cost not associated with planning reserves and there is a need to get clarity with respect to that provision. And I probably can give you six or seven other areas, but I think it would be more prudent from my standpoint and for our ultimate success to leave that to those on the ground in Ohio to walk through the details of this going forward.
But on balance, the senate did a good job of taking the governor's proposal and shaping it in a way that's allowing us to move forward and the next step is the House. They set a clear procedural schedule. They seem committed to dealing with it. And I think we are all confident that with a little good luck and some further refinement, we can get legislation that makes sense.
Dan Eggers - Credit Suisse
Fair enough. On the coal plant progress for development, you guys are making good progress as far as permits are concerned. Are you running into any resistance even with the progress around building these plants given opposition elsewhere in the country both on conventional pulverizers as well as on the IGCC front?
Jim Rogers
I think there is a full court press by environmentalist throughout the country to block the building of any new coal plant. And they are ceasing on anything they confine that would throw up a roadblock to the building of new coal plants in this country. And I think that's across the country. And there is no place that that's an exception. But, as we look between now and 2030 in the United States where we will experience a 40% growth in demand, we need to add additional generation. We have worked hard to put a lot of effort into investments in energy efficiency, as well as investments in renewables. And renewables are quite frankly a little higher priced than coal generation. But we are working very hard to make sure we are maximizing those in support of our need to build both coal and nuclear, so more to come on all that. And by the way our plan in Indiana, when that is completed, will be the most efficient coal plant in the United States. And we have plans working with both EPRI as well as the Department of Energy to develop a carbon capture and sequestration project there that will ultimately, if we can get the details worked out, offer hope with respect to using coal in the future and capturing the carbon that is a consequence of the burning of the coal.
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