Duke Energy dedicates natural gas facility

Duke Energy (DUK) celebrated the opening of the Dan River Natural Gas Combined Cycle Station in Eden, N.C. Located in Rockingham County, the power plant has an generation capacity of 620 MW.

The new station is part of the company's modernization effort to retire older, less-efficient coal plants and replace them with cleaner-burning natural gas-fueled units — resulting in decreased emissions and higher efficiency.

Capable of powering about a half-million homes, the natural gas combined-cycle plant has nearly double the capacity of the older coal units that were retired on the site in 2012.

Duke Energy Carolinas owns nuclear, coal-fired, natural gas and hydroelectric generation. That diverse fuel mix provides about 20,000 MW of owned electric capacity to about 2.4 million customers in a 24,000-square-mile service area of North Carolina and South Carolina. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK.

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