Duke Energy CEO calls for a balanced energy mix

04/13/2012 | SNL Financial (free content)

The U.S. needs to balance nuclear energy, natural gas, coal and renewable power in order to maintain a reliable and affordable electricity grid, said Jim Rogers, chairman, president and CEO of Duke Energy. "Our greatest challenge as an industry is to avoid all gas, all the time, because it's very cheap today," Rogers said. "I think this is the first time in my career that our gas units are dispatching after nuclear and before all our coal plants. ... That's based on price, because gas prices are so low," he added.

View Full Article in:

SNL Financial (free content)

Published in Briefs: