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DUKE ENERGY Michael Reid, PhD Director of T echnology Development, Emerging Technology Department April 22 nd 2014

DUKE ENERGY Michael Reid, PhD Director of T echnology Development, Emerging Technology Department April 22 nd 2014. Duke Energy Generation Fleet Transition. US Generation Fleet. Duke Energy’s Changing Fuel Mix. Mercury and Air Toxics Standard Scrubber uneconomical due to:

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DUKE ENERGY Michael Reid, PhD Director of T echnology Development, Emerging Technology Department April 22 nd 2014

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  1. DUKE ENERGY Michael Reid, PhD Director of Technology Development, Emerging Technology Department April 22nd 2014

  2. Duke Energy Generation Fleet Transition US Generation Fleet Duke Energy’s Changing Fuel Mix • Mercury and Air Toxics Standard • Scrubber uneconomical due to: • Higher coal prices / lower gas prices • Lower wholesale electricity prices • Lower utilization

  3. Duke Energy Generation Fleet CO2 Reduction • Duke Energy’s Sustainability Goals • Reduce CO2 emissions from our U.S. generation fleet 17% from 2005 by 2020 • Reduce carbon intensity of our total generation fleet to 0.94 lbs of CO2 per kWh by 2020 105 M tons 87 M tons

  4. Duke Energy’s Activities to Help Develop CCS Technology for Power Sector

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