Duke moving ahead with
coal-fired unit
May 10, 2007 - Knight Ridder Tribune Business
News
Author(s): Christopher D. Kirkpatrick
May 10--Duke Energy Corp. plans to move ahead with building just one
coal-fired power unit in Western North Carolina, Chief Executive Jim
Rogers said at the company's annual shareholders meeting this morning.
Environmentalists opposed the Charlotte company's original 2005
request to the N.C. Utilities Commission to build two 800-megawatt power
units at its Cliffside facility, located in the Blue Ridge foothills
about an hour's drive west of Charlotte. The commission approved only
one unit in February, but Rogers didn't indicate until this morning
whether the company planned to build it. The project's $1.9 billion cost
could go up, and it still must receive its N.C. air quality permit.
"They would have to block us," Rogers said. Coal-fired power plants are
unpopular with environmentalists because they emit tons of carbon
dioxide each year.
The gas is blamed as a cause of global warming, which is melting
polar ice and could wreak havoc on the environment. Duke is the nation's
third-largest consumer of coal, emitting about 50 million tons of carbon
dioxide each year, Rogers said. The Charlotte-based company has 3.9
million customers over five states and depends on coal for 52 percent of
its power generati n in the Carolinas. Duke said it needs the extra
capacity at Cliffside to meet future energy demand. In the
Charlotte-area, the company said it has been adding about 50,000
customers a year over the past five years. ------ Read tomorrow's
Charlotte Observer for more details on this developing story.
------ ------
© Copyright 2007 NetContent, Inc.
Duplication and distribution restricted.
The POWER REPORT
PowerMarketers.com · PO Box 2303 · Falls Church · VA ·
22042
To subscribe or
visit go to: PowerMarketers.com
PowerMarketers.com@calcium.netcontentinc.net
|