Duke steps in to provide power

subscribe

Santee Cooper's plan to scrap a $2.2 billion coal-fired power station received the boost it needed from rival Duke Energy of Charlotte.

Duke's board of directors approved an agreement to sell power for five Upstate electrical cooperatives now served by Santee Cooper. The deal still needs approval from the N.C. Utilities Commission, which may take several months.

Letting Duke provide up to 1,000 megawatts to the cooperatives is a key part of Santee Cooper's plan to abandon the disputed coal-fired power plant proposed for rural Florence County.

Environmentalists had fought the Santee Cooper plant because it was expected to release tons of greenhouse gases, as well as mercury in a part of the state already suffering from mercury-polluted fish. Others, including Gov. Mark Sanford, also questioned the need because of the sluggish economy.

Duke's agreement to supply power takes away enough energy demand to justify dropping the coal plant, Santee Cooper officials said. Duke previously had served the five cooperatives.

"We clearly welcome the opportunity to bring these customers back into the fold," Duke spokeswoman Paige Sheehan said.

Santee Cooper's board voted to put on hold the coal plant, saying it was too expensive at a time of increasing government regulation and lower customer demand for power. The board also agreed to let a representative of the Upstate cooperatives strike a deal with Duke for power.

The is between Duke and Central Electric Power Cooperative, which represents the Upstate cooperatives. Collectively, those cooperatives — including Blue Ridge, Laurens and York — serve 150,000 to 250,000 customers, according to Central.

Related News

German coalition backs electricity subsidy for industries

BERLIN - Germany’s three-party coalition is debating whether electricity prices for energy-intensive industries should be subsidised to prevent companies from moving production abroad.

Calls to reduce the electricity bill for big industrial producers are being made by leading politicians, who, like others in Germany, fear the country could lose its position as an industrial powerhouse as it gradually shifts away from fossil fuel-based production.

“It is in the interest of all of us that this strong industry, which we undoubtedly have in Germany, is preserved,” Lars Klingbeil, head of Germany’s leading government party SPD (S&D), told Bayrischer Rundfunk on Wednesday.

To achieve this,…

READ MORE
B.C. Streamlines Regulatory Process for Clean Energy Projects

B.C. Streamlines Regulatory Process for Clean Energy Projects

READ MORE

batteries

Its Electric Grid Under Strain, California Turns to Batteries

READ MORE

canada-electricity-exports-at-risk-amid-growing-us-canada-trade-tensions

Canada's Electricity Exports at Risk Amid Growing U.S.-Canada Trade Tensions

READ MORE

Funding Approved for Bruce C Project Exploration

Funding Approved for Bruce C Project Exploration

READ MORE