News Release
Nov. 17, 1999

DUKE POWER’S COAL-FIRED GENERATING PLANTS RANKED TOPS IN U. S. IN FUEL EFFICIENCY

CHARLOTTE, N.C. — Duke Power’s coal-fired electric generating plants captured first-place honors in a leading electric utility trade journal’s annual ranking of the most fuel-efficient plants in the U. S.

According to Electric Light & Power (EL&P), Duke Power’s fleet of eight coal-fired plants generated more electricity with a ton of coal than did the plants of any other utility company in the nation.

"The best part of the news is that our customers and our environment are the beneficiaries," said Curtis Davis, Duke Power’s senior vice president of power generation. "The less coal we use to make each kilowatt-hour of electricity, the lower the cost of that electricity and the fewer by-products produced in the process."

In ranking generating plants, EL&P looks at plants’ "heat rates," a measure of how much coal a plant uses to generate a kilowatt-hour of electricity. The less coal burned, the lower the costs and the emissions. Duke Power’s coal-fired plants generated more than 42 billion kilowatt hours of electricity in 1998, 51 percent of the company’s total electricity output, with an impressive average heat-rate of 9,382 Btu/kWh.

"For 25 years, Duke Power’s fossil-fueled generating system has been among the most efficient in the nation," Davis says. "That’s certainly a source of pride for our company. It’s also a tribute to the men and women who operate and maintain these plants with excellence."

Two Duke Power plants were among the nation’s very best performers: Belews Creek plant in Stokes County, N. C. ranked number two and plant Marshall in Catawba County, N. C. ranked third. Duke Power’s other six coal fired plants include: Allen and Riverbend in Gaston County, N.C.; Cliffside in Cleveland County, N. C.; Buck in Rowan County, N. C.; Dan River in Rockingham County, N. C.; and Lee in Anderson County, S. C.

Duke Power, a business unit of Duke Energy, is one of the nation’s largest electric utilities and provides safe, reliable, competitively priced electricity to nearly two million customers in North Carolina and South Carolina. Duke Power operates three nuclear generating stations, eight coal-fired stations, 31 hydroelectric stations and numerous combustion turbine units. Total system capability is 19,252 megawatts.

Duke Energy (NYSE-DUK) is a global energy company with more than $29 billion in assets. Headquartered in Charlotte, N.C., the company reaches into more than 50 countries, producing energy, transporting energy, marketing energy and providing energy services. In the United States, Duke Energy companies provide electric service in North Carolina and South Carolina; operate interstate pipelines that deliver natural gas to various regions of the country; and are leading marketers of electricity, natural gas and natural gas liquids. Additional information about the company is available on the Internet at: www.duke-energy.com.

Contact: Guynn Savage
Phone: (704) 382-8350
24 Hour Phone: 704-382-8333
Email: ghsavage@duke-energy.com