Duke Energy to sell Southeast U.S. power plants


Electrical Commissioning In Industrial Power Systems

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$599
Coupon Price:
$499
Reserve Your Seat Today
Duke Energy Corp. , in a bid to improve its financial footing, said recently it plans to sell power plants in the Southeast United States that are owned by its merchant energy group subsidiary, Duke Energy North America.

The company did not specify which facilities are for sale, but it owns eight gas-fired power stations in four Southeast states totaling about 5,300 megawatts of generating capacity.

In addition to its Southeast plants, Duke said it will not spend any more money completing three plants it started building in the western states.

A spokesman at Duke, Peter Sheffield, told Reuters the company, "may look to partner with another company to complete the three western plants or sell their interest outright."

The following is a list of the plants owned by Duke in the Southeast: PLANT (GENERATING CAPACITY)STATE COMMERCIAL OPERATION

Hinds Energy Facility (520 MW)Miss.

May 2001 - New Albany Energy Facility (350 MW)Miss.

Oct. 2001 - Hot Spring Energy Facility (620 MW)Ark.

June 2002 - Southaven Energy Facility (640 MW)Miss.

May 2002 - Enterprise Energy Facility (640 MW)Miss.

May 2002 - Murray Energy Facility (1,240 MW)Ga.

June 2002 - Sandersville Energy Facility (640 MW)Ga.

June 2002 - Marshall Energy Facility (640 MW)Ky.

The following is a list of the western plants owned by Duke with construction deferred as of September 2002:

June 2002 - Grays Harbor Energy Facility (650 MW)Wash.

Moapa Energy Facility (1,200 MW)Nev.

Deming Energy Facility (570 MW)N.M.

Related News

Why Is Central Asia Suffering From Severe Electricity Shortages?

Central Asia power shortages strain grids across Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan, driven by…
View more

Egypt's renewable energy to reach 6.6 GW by year-end

Egypt Renewable Energy Expansion targets solar and wind power projects to diversify the energy mix,…
View more

Alberta Faces Challenges with Solar Energy Expansion

Alberta Solar Energy Expansion confronts high installation costs, grid integration and storage needs, and environmental…
View more

OPG, TVA Partner on New Nuclear Technology Development

OPG-TVA SMR Partnership advances advanced nuclear technology and small modular reactors for 24/7 carbon-free baseload…
View more

Parked Electric Cars Earn $1,530 From Europe's Power Grids

Vehicle-to-Grid Revenue helps EV owners earn income via V2G, demand response, and ancillary services by…
View more

Electrifying Manitoba: How hydro power 'absolutely revolutionized' the province

Manitoba Electrification History charts arc lights, hydroelectric dams, Winnipeg utilities, transmission lines, rural electrification, and…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.