May 3, 2015

Duke retiring coal-fired plants early

Published 12:00 am Friday, February 1, 2013

Duke Energy says it plans to shut down two coal-fired plants at Buck Steam Station on April 1 — two years ahead of the planned retirement date for the power-generating units.
The company said today about 65 employees will be affected at Buck and its Riverbend Steam Station in Gaston County, where it’s also retiring two coal-fired units. Duke said it would try to find those employees other jobs within the company and provide severance to if it can’t.
Duke officials said the coal-fired plants have been used less frequently in recent years and would’ve declined in use even more with the recent completion of natural gas-fired plants. Duke’s merger with Progress Energy Carolinas also lets the company generate and transmit electricity more efficiently across a larger fleet of plants, the company said.
“The investments we and our customers have made in the last 10 years allow us to retire older stations like these and continue transitioning to cleaner sources of electricity,” Keith Trent, Duke executive vice president and chief operating officer, said in a statement.
Both plants have been in operation since the 1920s.
Buck Steam Station, on the Yadkin River, entered commercial operation in 1926 and was Duke Power’s first large-scale power plant.
Its original two units retired in 1979, and units 3 and 4 retired in May 2011. Three smaller natural gas combustion turbines at the site retired in October 2012.
The two coal-fired units to be retired in April began operating in 1953.
A natural gas combined cycle station began operating in November 2011.

Comments

comments

Local

Military news May 3

Education

Livingstone rejoices during Saturday commencement

Business

Central NC Landtrust selects new executive director

News

State commission to consider Rowan’s loan, refinancing

Business

David Post column: Entrepreneurs are winners with their big ideas

Business

Rowan Medical Center working to improve patients’ experience

Local

Moose looks to raise awareness about homelessness with cross-state trip

News

Realty contract, closed session dot commissioners agenda

News

Bids come in for private food services at jail

Check this out

Week in review: Test your nose for local news

Business

Leadership speaker, Leadership Rowan graduates to be featured at Chamber of Commerce breakfast

Landis

Landis Board of Aldermen to meet Monday

Business

Food Lion stores offering discounts to teachers Tuesday

Local

A celebration of simpler times: Annual Simple Living Festival showcases ‘old time’ ways locals love

Local

Classic and vintage motorcycles on display at 9th annual Carolina show

Business

Business Roundup: Retired chiropractor honored with lifetime achievement award

Crime

Kannapolis firefighter accused of shooting man after fight

News

Tickled about art and music: Salisbury Symphony, high school students unveil artistic pianos throughout downtown

News

Zoning board approves variance near High Rock Lake

News

“Uplifting and humbling”: Relay for Life gets underway at fairgrounds

Local

Books for sale: Library continues annual sale today

News

Political Notebook: General assembly heading into home stretch of 2015 session

Education

Dominique Smith is graduating from Livingstone, despite the odds

Check this out

Last chance to see Rowan Museum’s WWI exhibit drawing near