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Sign InThe U.S. Department of Energy (DoE) has officially denied CenterPoint Energy's (CNP) application to decommission the 60-year-old F.B. Culley coal-fired power plant in Indiana. This decision aligns with federal policy priorities aimed at maintaining coal-fired power generation and preventing the closure of aging energy infrastructure. By rejecting the closure, the government forces the company to continue operating an aging asset that is likely less efficient than modern alternatives. This mandate could potentially increase maintenance costs and disrupt CenterPoint's long-term strategic transition toward cleaner energy sources. Analysts view this development as a setback for the company's operational efficiency and decarbonization goals. Consequently, the decision may weigh on the stock's performance as the market assesses the financial burden of maintaining the facility.