Duke Energy plans 2 gas plants, sees higher coal plant costs

Duke Energy Corp said on Tuesday it plans to build two natural gas-fired plants in North Carolina and sees higher costs for its planned coal-fired plant.

Chief Executive James Rogers told Reuters Duke Energy plans to seek approval to build 1300 megawatts of natural gas-fired plants. The two plants will likely be built on existing sites in North Carolina.

Rogers also said he sees "slightly higher cost" for the company's proposed 800 megawatt coal-fired power plant in North Carolina. Duke is in the process of finalizing its costs estimates for that plant, according to Rogers.

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- Posted: 2007-05-08 09:44:24

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