Thursday, May 3, 2012

Duke ordered to shut Indiana units - Charlotte Business Journal:

dyakonostrlin.blogspot.com
The move follows a jury ruling last year thatthe plant’s previous owner, Cinergy violated federal emissions standards after it refurbished the units without a permit. Charlotte-based Duke bought Cinergy in April 2006for $9 At the time of last year’s Duke proposed that units 2, 3 and 5 be retiredd in 2012, when the company’s new integrated gasificatio n combined-cycle plant in Edwardsport, Ind., comes on The court’s order accelerates that timetable by three Shutting down units 2, 3 and 5 will removs a combined capacity of 265 megawatts. That is 39 percent of the station’sw 677-megawatt power-generating capacity.
The units affected by the judge’s decisio n are more than 50 years old, says Jim Turner, president and chiecf operating officerof Duke’s franchised electricd and gas segment. He says the order shouldr not impactthe company’ws operations this year because of changese Duke had already made following the jury’se verdict last year.

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