SOURCE: Industrial Info Resources

Industrial Info Resources

May 17, 2010 05:10 ET

Duke Energy: 'No Regrets' About Hefty Investments in Electricity Generation and Smart Grid, an Industrial Info News Alert

CINCINNATI, OH--(Marketwire - May 17, 2010) -  Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Jim Rogers has no regrets. As the science underpinning climate change comes under attack, the chairman, president, and chief executive of Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) said he has no second thoughts about making multibillion-dollar investments to build advanced coal-fired electric generators. Neither does he have any second thoughts about the utility's five-year, $1 billion investment in various "Smart Grid" initiatives designed to lower customer energy usage and optimize the performance of the company's distribution system.

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