Normal maintenance costs drop at Duke Power: Impact of Hurricane Hugo being assessed

Journal Article · Thu Jan 04 04:00:00 EST 1990 · Public Utilities Fortnightly; (United States)

OSTI ID:5209816

William S. Lee, chairman and president of Duke Power Company, said that a third-quarter earnings increase was primarily due to lower plant maintenance costs, but that figures aren't in yet on the damages related to Hurricane Hugo, which ripped through the Carolinas in late September. The severity of this storm is unprecedented in the company's history, he said. Lee also announced that Duke Power has entered into a new partnership with the Fluor Corporation, of Irvine, California. The two companies, operating under the name Duke/Fluor Daniel, will offer the power industry a single source of design, engineering, construction, and operation services for new and existing coal-fired plants.

• OSTI ID: 5209816
• Journal Information: Public Utilities Fortnightly; (United States), Journal Name: Public Utilities Fortnightly; (United States) Vol. 125:1; ISSN 0033-3808; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

20 FOSSIL-FUELED POWER PLANTS
200600 -- Fossil-Fueled Power Plants-- Economic
Industrial
& Business Aspects-- (1990-)
29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
COST
ECONOMICS
ELECTRIC UTILITIES
INCOME
MAINTENANCE
PROFITS
PUBLIC UTILITIES
REPAIR
VERTICAL INTEGRATION