Make us your home page
Instagram

Duke to seek state regulator approval for new power plants

Duke Energy Florida plans to make its formal request to state regulators on May 27 to build a $1.5 billion natural gas plant in Crystal River that will help replace plants the utility has already closed or soon will retire.

Duke wants to build the 1,640 megawatt plant on a 400-acre tract near the Crystal River power complex off U.S. 19. Construction would begin in 2016 with half of the facility's power coming online in spring 2018 and the remainder about six months later.

The project is expected to generate 600 to 700 jobs at the peak of construction.

In addition to the Crystal River plant, Duke plans to build two simple-cycle combustion turbine generators for $197 million on a 68-acre tract at its Suwannee Plant near Live Oak in North Florida. The units will help meet peak energy demand.

"We are making these investments to continue providing our customers with the most cost-effective energy solutions and highest level of reliability with limited environmental impact," said Alex Glenn, Duke Energy's state president for Florida. "We are committed to ensuring our customers' energy needs are met 24 hours a day, seven days a week now and in the future."

The new plants will replace three units at the Crystal River power complex, including the shuttered nuclear plant and two coal units that are among the dirtiest power sources in the country. When the new Suwannee plants come on line, Duke also plans to retire three steam plants in 2016 that were built in the 1950s.

The state Public Service Commission must approve the projects for the utility to recover costs of the facility from its customers.

Duke Energy said it will help employees through the plant retirements and redeploy as many as possible to other positions within the company.

Duke to seek state regulator approval for new power plants 05/13/14 [Last modified: Tuesday, May 13, 2014 8:07pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Equifax CEO Richard Smith steps down amid hacking scandal

    Personal Finance

    The chief executive of Equifax, the troubled credit reporting agency that suffered a massive data breach that affected as many as 143 million people, will retire, effective Tuesday, according to a statement by the company.

    Richard Smith, chief executive of Equifax, the troubled credit reporting agency that suffered a massive data breach that affected as many as 143 million people, will reportedly retire effective Tuesday.
[File photo: Joey Ivansco/Atlanta Journal-Constitution via AP]
  2. Bass Pro acquires Cabela's for $4 billion

    Retail

    Bass Pro Shops has acquired competitor Cabela's for a reported $4 billion. Bass Pro indicated it is seeking to appeal to all "outdoor enthusiasts" with the move, roping in hunting customers from Cabela's.

    Bass Pro Shops acquired Cabela's for $4 billion, Bass Pro announced Tuesday. | [JAMES BORCHUCK | Times]
  3. Tampa International named among least expensive airports

    News

    TAMPA — Florida airports apparently have a knack for getting it done cheaply.

    According to RewardExpert, Tampa International Airport is the fifth least expensive domestic airport. 
[CHARLIE KAIJO   |   Times
 file photo]

  4. Tampa-based vXchnge secures $200M loan to expand operations

    Corporate

    TAMPA — Tampa-based vXchnge, which operates data centers in 14 metro areas, has secured a loan for roughly $200 million for "major expansions and enhancements."

    Tampa-based vXchnge, a data center provider, secured a $200 million loan. Pictured is CEO Keith Olsen. | [Courtesy of vXchnge]
  5. No toll lanes north of downtown Tampa in three of four interstate proposals

    Transportation

    TAMPA — Express lanes may not be coming to downtown Tampa after all. Or at least not to the stretch of Interstate 275 that goes north through Bearss Avenue.

    Seminole Heights resident Kimberly Overman discusses the new interstate options with V.M. Ybor resident Chris Vela (left), Hillsborough County Commissioner Pat Kemp and HNTB consultant Chloe Coney during a Tampa Bay Express meeting Monday night at the Barrymore Hotel. [CAITLIN JOHNSTON  |  Times]