Duke Energy to construct $55M power facility on Duke University campus
DURHAM — Duke Energy has announced plans to construct a 21-megawatt power facility on Duke University’s campus, which would use waste heat from generating electricity to produce thermal energy and steam.
The facility — a natural gas combined heat and power plant — is subject to approval by the North Carolina Utilities Commission under a 35-year agreement and is estimated to cost $55 million. If approved, the plant is expected to start operations in 2018.
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“This partnership will provide value for Duke University and will accelerate our progress towards climate neutrality,” Duke University’s executive vice president Tallman Trask said in a statement. “By combining steam and electricity generation systems, we can increase efficiency and reduce our overall consumption by millions of units of energy each year, and have a positive effect on the community at large.”
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