Duke Energy's New Indiana Coal Facility Begins Operation

Using "advanced technology," Duke Energy (NYSE: DUK  ) has begun commercial operations of its new 618-megawatt coal gasification plant in Knox County, Ind., the company announced today.

The new plant will gasify coal while removing pollutants to burn cleaner gas, which in turn will produce electricity, making it "one of the world's cleanest coal-fired power generating facilities," according Duke Energy.

The new facility "replaces about 500 megawatts of older coal-fired generation that we recently retired or expect to retire soon due to new EPA regulations," said Duke Energy Indiana President Doug Esamann. The new plant will support an estimated 170 mining jobs to produce the 1.7 million to 1.9 million tons of coal used annually, in addition to the approximately 140 full-time employees needed to run the station.

Utilizing the new technology, the Edwardsport facility will produce 10 times as much power as the old plant, while generating approximately 70% less harmful emissions of sulfur dioxide, nitrogen oxide, and particulates combined, the company said. Additional improvements, according to Duke Energy, include increasing efficiency and output by using excess steam to power a second turbine, generating reusable byproducts, and using less water than conventional plants.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2480153, ~/Articles/ArticleHandler.aspx, 9/29/2016 4:48:48 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 7 hours ago Sponsored by:
DOW 18,339.24 110.94 0.61%
S&P 500 2,171.37 11.44 0.53%
NASD 5,318.55 12.84 0.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 4:01 PM
DUK $81.10 Down -0.33 -0.41%
Duke Energy CAPS Rating: ***