Skill, strength and speed — that’s how Duke Energy made the Bridgeport Energy Project a reality.
 
Construction began in October 1997, less than four months after the Duke Power/PanEnergy merger closed and the project was announced. This sent powerful messages about Duke Energy:
We move decisively. We marshal our diverse businesses and our people quickly.
We build effective partnerships that provide distinct project advantages.
With our commitment to customers, our commercial capability, technical leadership, asset position and financial strength, the whole of Duke Energy is greater than the sum of the parts.
  The Bridgeport Energy Project (Bridgeport) is Duke Energy’s first merchant plant in the Northeast — a power market characterized by tightening reserve margins — a promising market for a new, competitively priced power plant equipped with advanced combined cycle technology. As a "merchant plant" Bridgeport’s power will be sold by Duke Energy Trading and Marketing directly to wholesale and industrial customers, through a spot market or through short-, mid- and long-term contracts.

Bridgeport results from a partnership between Duke Energy Power Services and The United Illuminating Co., an investor-owned utility based in New Haven, Conn. It will secure additional power supply for its customers as margins continue to tighten. Here’s what Duke Energy brought to the project:

  Skill: Duke brings the full complement of skills — as an owner and developer; in procuring and transporting fuel supplies; in engineering and operations; and in marketing the output.
  Strength: Duke Energy is financing the $265 million project through the strength of its balance sheet.
  Speed: The goal for Bridgeport — take the project from conception to completion of the 340-MW Phase I in less than one year and complete the 180-MW Phase II by mid-1999.

 

Bridgeport - from conception to completion.

Duke Energy Power Services
brings the expertise of the owner/developer to assess project viability and construct and manage plant operations.  
 
 
 
Duke Energy's Pipelines
will participate in transporting natural gas to the plant. 
 
 
 
 
 Duke/Fluor Daniel
serves as the owners' engineer for the project and will support the plant's long-term operation.  
 
Duke Energy Field Services
along with Mobil Corporation's commitment of its North American gas production, will help ensure fuel supply.  
 
Duke Energy Trading and Marketing
will secure fuel supplies for the plant and will use our marketing expertise to optimize pricing and dispatch for the plant's output.