SUGAR LAND, Texas, Feb. 15, 2019 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Corporation (Charlotte, North Carolina) has been retiring coal and building out its natural gas-fired and solar power plant footprint. The company is progressing with such projects in the southeastern U.S., particularly in Florida and North Carolina.
In the company's recent fourth-quarter 2018 earnings conference call, Chief Executive Officer Lynn Good spoke about Duke's strategies. Good said, "We have outlined plans to reduce our carbon emissions by 40% by 2030. ... We've retired more than 6 gigawatts of coal generation since 2011, including two Crystal River units in Florida that were retired in December. Over the next six years, we plan to retire another 1,200 megawatts (MW) of coal generation and replace it with lower-carbon alternatives such as renewables and natural gas-fired facilities."
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
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SOURCE Industrial Info Resources, Inc.
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