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.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=160274, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

Follow us on: Facebook - Twitter - LinkedIn - Vimeo

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147