Energy & Science
Duke Mulls New Gas Plants That Would Retire Early on Climate Goal
- Biggest U.S. utility says giving up new gas would be expensive
- Clean energy group says plans contradict Duke’s green goals
A Duke coal-fired power plant in North Carolina.
Photographer: Charles Mostoller/BloombergThis article is for subscribers only.
Duke Energy Corp. is considering building as many as 15 new natural gas units even as the company commits to eliminating carbon emissions by 2050.
In order to still meet its climate target, the nation’s largest utility says it would retire the plants early -- after 25 years rather than the usual 40.