Regulators approve Duke Energy's proposal for new natural gas generation to support South Carolina's growing energy needs
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The facility in
Anderson County builds on decades of partnership and investment in the region; creates thousands of construction jobs and millions of dollars in annual property tax revenue
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The state-of-the-art combined cycle plant is first to be approved after enactment of Energy Security Act and will be company's first new generation in the Palmetto State in a decade
- Construction is anticipated to begin in summer 2027 and the facility would serve customers by early 2031
The approval comes after a thorough and very public process that included a public hearing in
Why it matters:
By the numbers:
- According to a survey by
Ernst & Young , the project is expected to support more than 2,200 jobs annually during the multi-year construction period, with 746 construction jobs located inAnderson County . Once operational, the facility is projected to have an annual$84 million impact statewide, supporting 125 jobs and$10 million in annual labor income. - The project will be one of the most efficient natural gas plants on Duke Energy's system and will include state-of-the-art environmental control technologies to minimize plant emissions. The facility will use 90% less water than traditional wet cooling technology, will not have a vapor plume, will eliminate the need to treat water chemically, and will have a longer life span than prior natural gas technology.
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Central Electric Power Cooperative andNorth Carolina Electric Membership Corporation will own 95 megawatts (MW) and 100 MW, respectively, of the combined cycle's approximate 1,365 MW nominal capacity. - Construction is anticipated to begin in summer 2027 and the facility would serve customers by early 2031.
More info: Additional details about the project can be found here.
What they're saying
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Gov.
Henry McMaster : "As South Carolina continues to attract new businesses and new residents at a record pace, the need for dependable energy has never been more urgent. Duke Energy has long been a strong partner in our state, and this project reflects the kind of forward-thinking planning that will ensure we meet those needs with reliable, efficient power for years to come." -
Speaker of the House
Murrell Smith : "Today's approval of Duke Energy's new facility inAnderson County showsSouth Carolina is growing the right way. As one of the fastest-growing states, we need reliable, affordable American energy to support jobs, attract business, and help families thrive. This project will create thousands of construction jobs, generate millions in local tax revenue, and reflects the impact of the Energy Security Act in securing our future." -
Senate PresidentThomas Alexander : "Being competitive meansSouth Carolina must have reliable, affordable energy ready when we need it. ThePublic Service Commission's approval of Duke Energy's combined-cycle gas plant is a major step forward, ensuring our state has the capacity to meet our needs, attract jobs, and stay competitive." -
Sen.
Mike Gambrell and Rep.Craig Gagnon : "Duke Energy has been a valued partner inAnderson County for many years. This new facility will help meet our community's growing energy needs for decades, and this significant investment will deliver lasting benefits for our schools, our local economy, and our quality of life. We're proud of what this means forAnderson County and look forward to continuing our strong collaboration with the men and women of Duke Energy." -
Duke Energy South Carolina President
Tim Pearson : "We appreciate the commission's recognition that theAnderson County combined cycle natural gas power plant is the right resource at the right time at the right site. Adding proven new natural gas technology to the electric grid acknowledges and responds to the efforts of state leaders to address tremendous electricity generation needs as part of a reliable and diverse energy mix that includes new and existing nuclear technology, renewables, battery storage, additional natural gas and energy efficiency programs."
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in
Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.
More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.
Contact:
24-hour media line: 800.559.3853
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SOURCE Duke Energy