June 1, 2018 - 4:00 PM EDT
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Duke Energy celebrates opening of new state-of-the-art natural gas plant at the W.S. Lee Station in South Carolina

- High-tech facility will provide customers with reliable, cleaner energy - New plant in Anderson County will continue long tradition of helping power the local and state economy

GREENVILLE, S.C., June 1, 2018 /PRNewswire/ -- Duke Energy today celebrated the opening of the new 750-megawatt combined-cycle natural gas plant at the W.S. Lee Station in Anderson County, S.C., with community leaders, elected officials and top company leaders on hand.

Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)

"Highly efficient natural gas plants – like W.S. Lee – are helping us deliver a cleaner, smarter energy future for our customers," said Lynn Good, chairman, president and CEO of Duke Energy. "South Carolina is important to Duke Energy, and new investments like this further our commitment to power this community with reliable, affordable energy – while continuing to be a partner that's helping prepare the region for future growth."

Customers rely on energy today more than ever, and that demand will continue to increase during the next 15 years. Building highly efficient natural gas plants is part of Duke Energy's balanced approach to modernizing the fleet, maintaining a diverse fuel portfolio, managing costs and providing reliable and increasingly clean energy to communities across South Carolina.

"The Lee Steam Plant is so important to this area," said Anderson County Councilwoman Cindy Wilson. "You have reinvented and innovated your way to this point, and many people here today will have descendants we anticipate in a hundred years gathering back here and across our county to celebrate another wonderful announcement."

Environmental benefits

Combined-cycle natural gas units generate energy more efficiently and release significantly lower emissions than coal-fired units. For example, nitrogen oxides, sulfur dioxide and other emissions are expected to drop by 87 percent overall in comparison to the station's previous coal-fired operation.

Duke Energy closed two coal-fired units at the W.S. Lee Station in 2014 and converted a third coal unit to natural gas in 2015. The company no longer operates any coal plants in South Carolina.

"We're very proud to see them use natural gas in our region and improve air quality by moving away from coal-fired plants," said Williamston Mayor Mack Durham.

Economic and community benefits

Since 1951, Duke Energy's W.S. Lee Station has helped power the economic growth of the region, and that tradition continues with this new plant. Construction of the $700 million plant started in March 2015. The project created more than 600 construction jobs and provided about $12 million in work to local subcontractors.

The new combined-cycle unit is also expected to generate about $4.4 million in tax revenue in 2019 for Anderson County.

Duke Energy Carolinas

Duke Energy Carolinas owns nuclear, coal, natural gas, renewables and hydroelectric generation. That diverse fuel mix provides approximately 19,600 megawatts of owned electric capacity to about 2.5 million customers in a 24,000-square-mile service area of North Carolina and South Carolina.

Duke Energy Carolinas is a subsidiary of Duke Energy (NYSE: DUK).

Headquartered in Charlotte, N.C., Duke Energy is one of the largest energy holding companies in the U.S., with approximately 29,000 employees and a generating capacity of 49,500 megawatts. The company is transforming its customers' experience, modernizing its energy grid, generating cleaner energy and expanding its natural gas infrastructure to create a smarter energy future for the people and communities it serves.

The company's Electric Utilities and Infrastructure unit serves approximately 7.6 million retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its Gas Utilities and Infrastructure unit distributes natural gas to approximately 1.6 million customers in five states – North Carolina, South Carolina, Tennessee, Ohio and Kentucky. Its Commercial Renewables unit operates a growing renewable energy portfolio across the U.S.

A Fortune 125 company, Duke Energy was named to Fortune's 2018 "World's Most Admired Companies" list and Forbes' 2018 "America's Best Employers" list.

More information about the company is available at duke-energy.com. The Duke Energy News Center includes news releases, fact sheets, photos, videos and other materials. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Contact: Heather Danenhower
24-Hour: 800.559.3853

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SOURCE Duke Energy


Source: PR Newswire (June 1, 2018 - 4:00 PM EDT)

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