Progress to switch power plant to natural gas

Progress Energy Florida, a unit of Progress Energy (NYSE: PGN), has announced plans to convert the 1,000 MW Anclote oil- and natural gas-fired power plant in Florida to 100 percent natural gas. The change will help the company to comply with new federal emission standards for coal-and oil-fired generating units.

The project is expected to cost $79 million and is expected to eliminate approximately 98 percent of the metals and approximately 99 percent of the sulfur dioxide (SO2) that the current units emit. Particulate emissions will be reduced by more than 90 percent. It will be completed in two phases, in mid- and late 2013.

In 2009, Progress Energy completed an $800 million project to repower its Bartow Power Plant from oil to natural gas. The repowering also increased Bartow’s generating capacity.

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