Dive Summary:

• Duke Energy completed construction of its $2.65 billion, 618 MW Edwardsport gasification plant in Indiana and will begin service later this May, Jim Rogers reported Friday at the retiring CEO’s last shareholder’s meeting.
• As a part of its substantial fleet modernization plan, Duke will also launch the $600 million, 625MW Sutton natural gas plant in eastern North Carolina.
• The company has also identified 3,400MW of coal-fired generation in various states to retire or replace with natural gas generation by 2016.

From the article:
“Duke is also preparing to file a decommissioning plan for the Crystal River 3 nuclear plant in Florida. Earlier this year Duke announced plans to permanently retire the plant, which has been idle since late 2009. Duke will soon start winnowing down the staff at Crystal River, Roger said.”