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644 MW Natural Gas operating in Morgan, IN — Midcontinent Independent Transmission System Operator, Inc..
644 MW
Nameplate Capacity
3
Generators
units
Natural Gas Fired Combined Cycle
Technology
2018
Operating Since
Coordinates
39.4852, -86.4183
County
Morgan, IN
Nearby Plants
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | AES Indiana | AES Indiana | — |
| Owner(s) | AES Indiana | AES | — |
| Status | Operating | — | — |
Eagle Valley is a 644 MW natural gas-fired combined cycle power plant located in Morgan County, Indiana. The plant began operating in 2018 and consists of 3 generators. It is owned by AES and operated by AES Indiana. Eagle Valley ranks as the 6th largest power plant out of 20 in Indiana, and 365th out of 945 nationally. The plant operates within the Midcontinent Independent Transmission System Operator (MISO) balancing authority and the ReliabilityFirst Corporation (RFC) NERC region.
In its latest year of reported generation, Eagle Valley produced 5,560,122 MWh of electricity, achieving a capacity factor of 96.4%. Financial data indicates an installed cost of $984.33 per kW, according to FERC filings.
Generated from EIA, GEM, and public data sources
ISO/RTO
MISO
Market
ISO/RTO Member
NERC Region
RFC
Balancing Authority
511.0K MWh
Latest Month
5.6M MWh
Annual Generation
96.4%
Capacity Factor
CO₂ Intensity
774 lb/MWh
NOx
0.033 lb/MWh
SO₂
Combined cycle · Indianapolis Power & Light Company · Data from 2018–2024
$937/kW
Installed Cost
$-19/kW
Annual CapEx
$21.7/MWh
Operating Cost
Annual Capital & Operating Expenses
Cumulative Installed Cost
Per-Unit Cost Trends
Market Position
ISO/RTO Market
MISO
LMP Node
IPL.16EVCT7
Pricing Hub
INDIANA.HUB
Location Type
Generation Node
Node Source
Curated node match
Last updated 2026-04-09
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ask pi about Eagle Valley (IN)Midcontinent Independent Transmission System Operator, Inc.. (MISO)
Grid Voltage
138.0 kV
Regulatory Status
RE — Regulated
Entity Type
Investor-Owned Utility
Sector
Electric Utility
0.004 lb/MWh
CH₄
0.015 lb/MWh
N₂O
0.002 lb/MWh
Capacity Factor
93.6%
Annual Net Gen
5282 GWh
CO₂eq
775 lb/MWh
Subregion
RFC West