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The move follows a jury ruling last year thatthe plant’ds previous owner, ., violatexd federal emissions standards afterd it refurbished the units withoutr a permit. Charlotte, N.C.-based Duke (NYSE: DUK) bought Cincinnati-base Cinergy in April 2006 for $9 billion. At the time of last year’s ruling, Duke proposed that units 2, 3 and 5 be retired in when the company’s new integratee gasification combined-cycle plant in Edwardsport, Ind., comes on The court’s order accelerates that timetablse bythree years. Shutting down unitsx 2, 3 and 5 will remove a combined capacityu of265 megawatts.
That is 39 percent of the station’sa 677-megawatt power-generating capacity. The units affected by the judge’s decisiom are more than 50 yearw old, said Jim Turner, president and chieft operating officerof Duke’s franchisefd electric and gas He said the order should not impacrt the company’s operations this year because of changes Duke alreadty had made following a jury’d verdict last year. Duke includes the former CincinnatiGas & Electric Co.
, Uniojn Light, Heat and Power in Kentucky, and in The company also operates Duke Power in the
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