SOURCE: Industrial Info Resources
SUGAR LAND, TX--(Marketwire - Aug 30, 2012) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Progress Energy Carolinas will retire older, smaller, less-efficient coal-fired power plants in North and South Carolina even sooner than originally planned, partly due to a merger with Duke Energy Corporation (NYSE:DUK). Progress Energy Carolinas is also constructing two natural gas-fired generators, and the output of which will more than make up for the closed coal-fired generation.
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