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Press Mention The New York Times / Greenwire January 12, 2011

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Duke, Progress Energy Merger Provides Bigger Clout to Energy Efficiency, Nuclear

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The $13 billion merger between Duke Energy and Progress Energy would create a utility serving 7 million customers across six states with significant nuclear and natural gas generation. The Southern Alliance for Clean Energy expressed cautious optimism about the merger while raising concerns about Duke's commitment to new coal generation and both utilities' emphasis on nuclear over cost-effective alternatives. The combined company's leadership, particularly CEO Jim Rogers' advocacy for energy efficiency and emissions reductions, may influence regional and national energy policy debates.

We are hopeful in this merger that Duke and Progress can work to solidify their coal-fired power plant retirement commitments and look for even more opportunities to decrease their reliance on coal

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