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HomeMy WebLinkAboutNC0004979_Annual Report_20240531('DUKE ENERGY.. May 8, 2024 Dr. Sergei Chernikov North Carolina Division of Water Resources 1617 Mail Service Center Raleigh NC 27699-1617 Allen Steam Station 253 Plant Allen Road Belmont NC 28012 704-829-2587 RE: Duke Energy Carolinas, LLC — Allen Steam Station W P �j� fV�f'S/j� F6PS NPDES Permit NC0004979 Notice of Planned Participation — Annual Progress Report Dear Dr. Chernikov: In accordance with the provisions of the Steam Electric Effluent Limitations Guidelines (ELG), Duke Energy Carolinas, LLC is hereby providing a Notice of Planned Participation (NOPP) Annual Progress Report for the Allen Steam Station, NPDES Permit NC0004979. Initial notification of the NOPP was provided to the DEQ on May 27, 2021. Specifically, the NOPP is to permanently cease the combustion of coal. However, if Unit 5 does not cease combustion of coal by the December 31, 2028 regulatory date, Duke Energy reserves the option to implement necessary technology for compliance with the Voluntary Incentives Program (VIP) by December 31, 2028 as described below. The necessary information to support the NOPP annual status report is specified at 40 CFR § 423.19(f)(4). Unit Retirements As of April 30, 2024, the current status of the Allen Steam Station units is as follows: • Unit 1 — projected to retire on or before December 31, 2024 • Unit 2 — retired December 31, 2021 • Unit 3 — retired March 31, 2021 • Unit 4 — retired December 31, 2021 • Unit 5 — projected to retire on or before December 31, 2028 Please note that the projected retirement dates for Units 1 and 5 are subject to change based on several factors including future regulatory actions. Retirement Documentation and Information The retirement date for Unit 1 is established by a consent decree (The United States District Court for the Middle District of North Carolina, Civil Action No.: 1.00 cv 1262). A copy of this consent decree is located at https://www.epa.00v/sites/default/files/2015-09/documents/duke- energV-consent-decree-civil-action-lcv1262 0.pdf. The retirement date for Units 2, 3, and 4 is provided in the United States Securities and Exchange Commission (SEC) Form 10-K dated February 24, 2022 which is located at https./idl8mOp25nwr6d.cloudfront.net/CIK-0001326160/902e4911-134b-4a90-bb47- 12ad64f50e03. pdf. The proposed retirement date for Unit 5 is stated in the 2023-2024 Carolinas Carbon Plan Amended Petition that was filed with the North Carolina Utilities Commission (NCUC) in Docket E-100 Sub 190 on January 31, 2024. The Amended Petition filing is located at https:/Istarwl .ncuc.gov/NCUC/PSC/PSCDocumentDetailsPageNCUC. aspx?Documentld=2b7f8 6la-2c48-404d-9e75-f4e6d7142702&Class=Filing The entire 2023-2024 Carolinas Carbon Plan docket is located at https://starwl.ncuc.gov/NCUC/page/docket- docs/PSC/DocketDetails.aspx?Docketid=7409648d-c9c2-4f42-8709-a0830971812d The NCUC has scheduled hearings during 2024 regarding the Carolinas Carbon Plan with a determination expected in late 2024 Excerpts from these three documents are enclosed with this annual report. Official retirement of any Allen units beyond the already retired units will require final management approval. Furthermore, the final retirement dates for Unit 1 and Unit 5 are contingent on a supporting switching station project, maintaining adequate system reliability, and other operational considerations including the ability to take care, custody and control the Lincoln Unit 17 Combustion Turbine by December 1, 2024. A carbon reduction plan was filed with the NCUC on May 16, 2022 as required by North Carolina House Bill 951 (HB 951). This filing proposed the retirement of the remaining Allen Steam Station coal-fired units (1 and 5) by January 1, 2024. In order to facilitate retirement of the two remaining Allen coal-fired units, the "South Point Switching Station" project will need to be constructed and operational. This switching station project is currently under construction. HB 951 also requires that the electrical system either maintains or improves reliability throughout the energy transition and this could also impact the Allen Unit 1 and 5 retirement dates. In response to the May 16, 2022 filing, the NCUC ordered that Duke Energy submit another carbon reduction plan by September 1, 2023. This task was timely completed and an additional (supplemental) filing was made on January 31, 2024. Future NCUC actions and orders may impact the projected Allen Unit 1 and 5 retirement dates. As noted in our initial NOPP filing, a timeline to achieve the permanent cessation of coal combustion by December 31, 2028 for Units 1 and 5 is as follows: • Evaluate the validity of the anticipated retirement dates by June 301h of each calendar year • Monitor the proceedings of HB 951 and review the NCUC order • Monitor status of the "South Point Switching Station" project • Obtain senior management authorization, including the Duke Energy Chief Executive Officer, to cease combustion of coal at the remaining units Subsequent NOPP Annual Progress Reports will continue to be submitted by May 31 of each year until all Allen Steam Station coal-fired units are retired. These reports will provide updated retirement information for the remaining Allen Steam Station generating units, including activities to facilitate retirement, and copies of any relevant documents. Unit 5 VIP Technology Operation by December 31, 2028 If Allen Steam Station Unit 5 will combust coal beyond December 31, 2028, FGD wastewater technologies will be installed to comply with the limitations at 40 CFR § 423.13(g)(3)(i) as stated in the "Steam Electric Reconsideration Rule" which was effective on December 14, 2020. The treatment technology to be installed will incorporate membrane filtration and/or a zero discharge of FGD wastewater to achieve compliance with the VIP limitations. As the final Unit 5 retirement date has not received final approvals as of the date of this annual status report, a general timeline to achieve compliance with the VIP limitations is as follows: Evaluate by December 31, 2024 if Allen Steam Station Unit 5 will continue to combust coal for electrical generation beyond December 31, 2028. Monitor the development of any relevant wastewater treatment technologies through December 31, 2024 Design, construct, and achieve operation of a VIP compliant system by December 31, 2028, as appropriate. The opportunity to transfer to the VIP option is necessary as the iRP is a plan and does not necessarily constitute a firm commitment to retire a generation unit. Based on our experience with installation of other FGD wastewater treatment systems, we believe that four years will be necessary to design and construct wastewater treatment system for compliance with the VIP option. Therefore, Duke Energy will likely determine that a transfer to the VIP option is required several months prior to the regulatory December 31, 2025 date. Please contact Robert Wylie (robert.wylie@duke-energy.com) if you have any questions regarding this NOPP Annual Progress Report. Sincerely, Jeffrey D. Flanagan General Manager III —Allen Steam Station Attachments: 1. The United States District Court for the Middle District of North Carolina, Civil Action No.. 1.00 cv 1262 (excerpt) 2. February 24, 2022 SEC Form 10-K (excerpt) 3. Carolinas Carbon Plan Amended Petition Filing, January 31, 2024 (excerpt) cc: Shannon Langley Robert Wylie Cynthia Winston Kim McDaniel Michael Smallwood Matthew Hanchey Paul Fisk Jeffrey Flanagan Dan Donochod Ben Smith Allen Steam Station — 2024 NOPP Annual Status Update Attachment 1 The United States District Court for the Middle District of North Carolina, Civil Action No.: 1.00 cv 1262 (excerpt) THE UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF NORTH CAROLINA UNITED STATES OF AMERICA, ) Plaintiff, ) ) ENVIRONMENTAL DEFENSE, ) NORTH CAROLINA SIERRA CLUB, AND NORTH CAROLINA PUBLIC INTEREST ) RESEARCH GROUP ) Plaintiff -Intervenors, V. DUKE ENERGY CORPORATION, ) Defendant. ) CONSENT DECREE RECEIVED JUN 03 2-0Z4 NCDEO/DWR/NPDES Civil Action No.: 1:00 cv 1262 anci Mary equipment, including pollution control equipment and systems necessary for production of electricity. An electric steam generating station may be comprised of one or more Units. 46. "Unit Operating Day" means any Day on which a Unit fires Fossil Fuel. 47. "Working Day" means a day other than a Saturday, Sunday, or Federal Holiday. In computing any period of time under this Consent Decree, where the last day would fall on a Saturday, Sunday, or Federal Holiday, the period shall run until the close of business on the next Working Day. IV. RETIREMENT OF PLANT MODERNIZATION PROGRAM UNITS 48. Defendant has already ceased operations at and permanently shut down Buck Unit 3, Buck Unit 4, Buck Unit 5, Cliffside Unit 1, Cliffside Unit 2, Cliffside Unit 3, Cliffside Unit 4, Dan River Unit 3, Riverbend Unit 4, Riverbend Unit 6, and Riverbend Unit 7. Upon entry of this Consent Decree, the permanent Retirement of these units shall also become an enforceable obligation under this Consent Decree. 49. By no later than December 31, 2024, Defendant shall permanently Retire Allen Unit 1 and Allen Unit 2. V. INTERIM NO,, EMISSION REDUCTIONS AND CONTROLS A. Operation and Performance NO= Requirements at Allen Units 1 and 2 50. Commencing no later than 120 Days after the Date of Entry, and continuing until the Unit is Retired, Defendant shall Continuously Operate the existing SNCR at Allen Unit 1. Commencing no later than 485 Days after the Date of Entry, and continuing until the Unit is Retired, Defendant shall achieve and maintain a 365-Day Rolling Average NOx Emission Rate of no greater than 0.2501b/mmBTU. 12 e. Defendant must be and remain in full compliance with the provisions of this Consent Decree establishing performance, operational, and control technology requirements established by this Consent Decree including, but not limited to, (a) the Interim NOx Emission Reductions and Controls specified in Section V of this Consent Decree, (b) the Interim S02 Emission Reductions and Controls specified in Section VI of this Consent Decree, (c) requirements pertaining to the Surrender of S02 and NOx Allowances, and (d) the Retirement of Allen Units 1, 2, and 3 as required under this Consent Decree. 68. Nothing in this Consent Decree is intended to preclude the emission reductions generated under this Consent Decree from being considered by the applicable state regulatory agency or EPA for the purpose of attainment demonstrations submitted pursuant to § 110 of the Act, 42 U.S.C. § 7410, or in determining impacts on National Ambient Air Quality Standards, PSD increment, or air quality related values, including visibility, in a Class I area. IX. ADDITIONAL INJUNCTIVE RELIEF 69. By no later than Pegember 31, 2024 Defendant shall permanently Retire Allen 70. Defendant shall implement the additional Environmental Mitigation Projects ("Projects") described in Appendix A to this Consent Decree in compliance with the approved plans and schedules for such Projects and other terms of this Consent Decree. In implementing the Projects, Defendant shall spend no less than $4,400,000 in Project Dollars. Defendant shall 19 Allen Steam Station — 2024 NOR Annual Status Update Attachment 2 February 24, 2022 SEC Form 10-K (excerpt) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x� ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to __ Commission Registrant, State of Incorporation or Organization, Address of Principal IRS Employer file number Executive Offices and Telephone Number Identification No. V DUKE ENERGY. 1-32853 DUKE ENERGY CORPORATION 20-2777218 (a Delaware corporation) 526 South Church Street Charlotte, North Carolina 28202-1803 704-382-3853 1-4928 DUKE ENERGY CAROLINAS, LLC 56-0205520 (a North Carolina limited liability company) 526 South Church Street Charlotte, North Carolina 28202-1803 704-382-3853 1-15929 PROGRESS ENERGY, INC. 56-2155481 (a North Carolina corporation) 410 South Wilmington Street Raleigh, North Carolina 27601-1748 704-382-3853 1-3382 DUKE ENERGY PROGRESS, LLC 56-0165465 (a North Carolina limited liability company) 410 South Wilmington Street Raleigh, North Carolina 27601-1748 704-382-3853 1-3274 DUKE ENERGY FLORIDA, LLC 59-0247770 (a Florida limited liability company) 299 First Avenue North St. Petersburg, Florida 33701 704-382-3853 1-1232 DUKE ENERGY OHIO, INC. 31-0240030 (an Ohio corporation) 139 East Fourth Street Cincinnati, Ohio 45202 704-382-3853 1-3543 DUKE ENERGY INDIANA, LLC 35-0594457 (an Indiana limited liability company) 1000 East Main Street Plainfield, Indiana 46168 704-382-3853 1-6196 PIEDMONT NATURAL GAS COMPANY, INC. 56-0556998 (a North Carolina corporation) 4720 Piedmont Row Drive Charlotte, North Carolina 28210 704-364-3120 FINANCIAL STA111:111111WI = REGULATORY Potential Coal Plant Retirements The Subsidiary Registrants periodically file integrated resource plans (IRPs) with their state regulatory commissions. The IRPs provide a view of forecasted energy needs over a long term (10 to 20 years) and options being considered to meet those needs. IRPs filed by the Subsidiary Registrants included planning assumptions to potentially retire certain coal-fired generating facilities in North Carolina and Indiana earlier than their current estimated useful lives. Duke Energy continues to evaluate the potential need to retire these coal-fired generating facilities earlier than the current estimated useful lives and plans to seek regulatory recovery for amounts that would not be otherwise recovered when any of these assets are retired. The We below contains the net carrying value of generating facilities planned for retirement or included in recent IRPs as evaluated for potential retirement. Dollar amounts in the table below are included in Net property, plant and equipment on the Consolidated Balance Sheets as of December 31, 2021, and exclude capitalized asset retirement costs. Capacity (in MW) Remaining Net Book Value (in millions) Duke Energy Carolinas Aller Steam Station Unit 1 167 $ 12 Allen Steam Station Unit 5"' 259 277 Cliffside Unit 5'"i 546 365 Duke Energy Progress a Mayo Unit 1cn 713 631 Roxboro Units 3 ¢,... - 1,409 457 Duke Energy Florida Crystal River Units 4-5t01 1,442 1,850 Duke Energy Indiana," Gibson Units 15{0I 2,845 1,829 Cayuga Units 1-2' 1,005 696 Total Duke Energy 8,386 $ 5,917 a) As part of the 2015 resolution of a lawsuit W» olvir-A alleged New Source Review violations, Duke Energy Carolinas must retire Allen Steam Station units 1 thfugh 3 by December 31. 2024 The long-term energy options considered in the IRP could result in retirement of these units earlier than their current estimated useful lives. Unit 3 with a capacity of 270 MW and a net book value of $26 million of December 31. 2020 was retired in March 2021, and unit 2 with a capacity of 167 MW and a net book value of $44 million at December 31, 2020. was retired in December 2021. (b) These units were included in the IRP filed by Duke Energy Carolinas and Duke Energy Progress in North Carolina and South Carolina on September 1, 2020. The long-term energy options considered in the IRP could result in retirement of these units earlier than their current estimated useful lives. In 2019, Duke Energy Carolinas and Duke Energy Progress filed North Carolina rate cases that included depreciation studies that accelerate end -of -life dates for these plants. The NCUC issued orders in the 2019 rate cases of Duke Energy Carolinas and Duke Energy Progress on March 31, 2021, and April 16. 2021, respectively, in which the proposals to shorten the remaining depreciable lives of these units were denied, while indicating the IRP proceeding was the appropriate proceeding for the review of generating plant retirements. Allen Unit 4 with a oVacity of 267 MW and a net book value of $170 rntlgon at December 31, ,,202tl, was retired in December 2021. (c) On January 14, 2021, Duke Energy Florida filed the 2021 Settlement with the FPSC, which proposed depreciation rates reflecting retirement dates for Duke Energy Florida's last two coal-fired generating facilities, Crystal River Units 4-5, eight years ahead of schedule in 2034 rather than in 2042, The FPSC approved the 2021 Settlement on May 4, 2021. (d) Gallagher Units 2 and 4 with a total capacity of 280 MW and a total net book value of 5102 million at December 31. 2020, were retired on June 1, 2021. (e) The rate case filed July 2, 2019, included proposed depreciation rates reflecting retirement dates from 2026 to 2038. The depreciation rates reflecting these updated retirement dates were approved by the IURC as par'. of the rate case order issued on June 29, 2020. 4. COMMITMENTS AND CONTINGENCIES INSURANCE General Insurance The Duke Energy Registrants have insurance and reinsurance coverage either directly or through indemnification from Duke Energy's captive insurance company, Bison, and its affiliates, consistent with companies engaged in similar commercial operations with similar type properties. The Duke Energy Registrants' coverage includes (i) commercial general liability coverage for liabilities ansing to third parties for bodily injury and property damage; (ii) workers' compensation; (iii) automobile liability coverage; and (iv) property coverage for all real and personal property damage. Real and personal property damage coverage excludes electric transmission and distribution lines, but includes damages arising from boiler and machinery breakdowns, earthquakes, flood damage and extra expense, but not outage or replacement power coverage. All coverage is subject to certain deductibles or retentions, sublimits, exclusions, terms and conditions common for companies with similar types of operations. The Duke Energy Registrants self -insure their electric transmission and distribution lines against loss due to storm damage and other natural disasters. As discussed further in Note 3, Duke Energy Florida maintains a storm damage reserve and has a regulatory mechanism to recover the cost of named storms on an expedited basis. The cost of the Duke Energy Registrants' coverage can fluctuate from year to year reflecting claims history and conditions of the insurance and reinsurance markets. 154 Allen Steam Station — 2024 NOPP Annual Status Update Attachment 3 Carolinas Carbon Plan Amended Petition Filing, January 31, 2024 (excerpt) IM Execution Plan Highlights + The Execution Plan represents a deliberate evolution of short-term action planning in previous resource plans, providing near -term and intermediate -term actions across major aspects of the Carolinas Resource Plan: existing supply-side resources, new supply-side resources, transmission system planning, Grid Edge and customer programs. • The Execution Plan is an integrated plan across all resources of the Companies' interconnected electric systems that meets long-term planning objectives and facilitates an orderly and risk -balanced energy transition — exiting from coal-fired generation and ensuring equally reliable replacement resources. • The Near -Term Actions Plan represents reasonable and prudent steps during the near - term 2023-2026 timeframe that are generally consistent with the Carolinas Resource Plan's Core Portfolio P3 Base to develop and procure the resources needed to advance critical aspects of the Companies' orderly energy transition. • Executing resource plan activities in a changing energy landscape requires monitoring risks and signposts to "check and adjust" plans as conditions change and as opportunities arise. Successful execution of the Carolinas Resource Plan (the `Plan" or "the Resource Plan") will require prudent and intentional planning and timely regulatory approvals to deliver the resource additions, retirements and system transformation needed to ensure that reliability is maintained or improved. The next 10 to 15 years is a critical execution phase in Duke Energy Carolinas, LLC's ("DEC") and Duke Energy Progress, LLC's ("DEP" and together with DEC, the "Companies") orderly energy transition as the Companies plan for significant load growth, execute the retirement of 8,400 megawatts (" MW") of Carolinas Resource Plan `h.A'-'E":: Ct I V E D .JUN 43 ". Transmission System Planning and Grid Transformation I�� F,Q,RY\ /NPDES Critical enabling transmission assumptions are integrated into this Plan to f c it e e upp y-side additions presented in the Near -Term Actions Plan. Further details on transmission execution planning are presented below in the detailed Execution Plan section and Appendix L (Transmission System Planning and Grid Transformation). Grid Edge and Customer Programs Grid Edge and customer programs will continue to advance EE and demand -side options that allow for overall demand reduction and demand optimization, ramping up forecasted contributions growth rate through the 15-year Base Planning Period (see details in Chapter 2) — helping to shrink the overall challenge of the energy transition. Details on those activities that occur through other stakeholder and regulatory proceedings are found in Appendix H. Merger of DEC and DEP The Companies plan to initiate regulatory proceedings in the near term to merge DEC and DEP, which will consolidate the Companies' system operations functions, to facilitate a more cost-effective and efficient energy transition for customers. Additional detail for the merger of DEC and DEP can be found later in this Chapter. Detailed Execution Plans: Existing Supply -Side Resources The detailed Execution Plans in this section outline the critical and reasonable steps needed in the near term to move the energy transition forward in an orderly way and also identifies further actions required over the intermediate term to advance longer lead-time resources and breakthrough technologies, such as SMRs, that are planned to achieve commercial operation in the mid-2030s. The location of future solar, onshore wind. SPS and even advanced nuclear assets (whether DEC or DEP) will be heavily dependent on future evaluation criteria, bids, ability to permit and other factors not yet fully known. Therefore, the tables below are combined DEC and DEP, noting that locations will be refined through the execution phase. Retiring Existing Coal Planning for Coal Emit Retirements in the Generation Transition Reducing risk for customers through an orderly energy transition requires careful planning and diligent, yet flexible, execution of continued retirement of the Companies' remaining coal units across North Carolina, which have provided reliable service to the Companies' customers in both states for decades. As discussed in Chapter 3, all portfolios result in a full exit from coal -fueled generation by 2035 (retiring over 8,400 MW of coal capacity). Executing on these coal unit retirements must be coordinated with the development of replacement resources, their fuel supply, where applicable, and Carolinas Resource Plan 12 Chapter 4 1 Execution Plan transmission system improvements to maintain resource adequacy and reliability for customers. The Companies will also actively evaluate opportunities to repurpose infrastructure and add new replacement generation and energy storage resources at retiring coal sites, where cost-effective to do so. In the near -term, existing Allen 1 & 5 coal units are planned to retire by December 31, 2024 pending internal approvals, To preserve system stability, it is paramount that the Companies have adequate dispatchable generation in place prior to coal retirements to ensure system capacity and reliability. Lincoln Unit 17, the first advanced class CT with a capacity exceeding 400 MW, will become a Company asset on January 1, 2024 pending NCUC approval of DEC's request to amend its existing CPCN for the unit. In the near term, the Companies will continue to plan their intermediate- and longer -term coal unit retirement strategy, including performing necessary transmission evaluations, as outlined in Appendix L, to identify any necessary system improvements that are needed to allow coal unit retirements while ensuring bulk power system reliability is maintained. The Companies will also continue to monitor the changing economics of coal including coal supply and transportation constraints, the evolving impacts on coal unit commitment and dispatch resulting from these constraints, impacts of increased policies and regulations and the implications for the Companies' coal facilities as detailed in Appendix F (Coal Retirement Analysis). Table 4-3 below describes the Companies' near -term and intermediate -term Execution Plan for coal retirements. Additional information on how coal retirements were evaluated in Plan modelling is provided in Appendix C (Quantitative Analysis) and Appendix F. Dates are generally aligned with recommended Core Portfolio P3 Base and it should be noted that most retirement dates are dependent upon successfully executing replacement generation plans. Therefore, it should be expected that retirement dates may be adjusted to optimize execution planning (construction synergies, GRR use, gas capacities, transmission timing, etc.). Carolinas Resource Plan 13 Chapter 4 1 Execution Plan Table 4-3: Execution Plan — Coal Retirements Near -Term Actions (2023-2026) • Retire Allen 1 & 5 units by December 31, 2024 assuming approvals gained and 2024 permission granted to take care, custody, and control of Lincoln 17 on January 1, 2024. Intermediate-Terin Actions (2027-2032) • Retire Roxboro Units 1 & 2 and Marshall 1 & 2 after their respective in-flight Z028-2029 hydrogen -enabled natural gas assets are placed in-service at existing sites. • Approximate BOY time frame for Cliffside 5 retirement pending equally reliable 2031 replacement resources exist to allow retirements. • Approximate BOY time frame for Mayo retirement pending equally reliable 2031 replacement resources exist to allow retirements. • Approximate BOY time frame for Marshall 3 & 4 retirements pending equally 2032, reliable replacement resources exist to allow retirements. Expanding Flexibility of the Existing Gas Fleet As coal units are retired and the integration of renewable resources increases, the flexibility of dispatchable gas -fired resources is essential for maintaining system reliability in a least -cost manner. Today, the Companies' gas -fired generation fleet consists of 55 CTs, nine CC units, and one combined heat and power ("CHP") unit, having a combined total capacity of 11,891 MW. To increase the flexibility of the existing gas -fired fleet, the Companies will need to equip a number of its CC/CT stations to support more flexible operational capabilities, such as lower load operations, increased ramp rates, and the ability to cycle more often to respond to increased variability in the output of renewable resources. In fact, flexibility/uprate projects are currently being engineered for two existing CCs; H.F. Lee and Smith Power Block 4. In the near and intermediate terms, the Companies will complete the planning phase and implement gas unit control upgrades and equipment changes, which will require regulatory approvals for operational and air permit changes. In addition to increased flexibility, the proposed projects also provide limited additional dispatchable capacities. See Table K-2 in Appendix K for details. Table 4-4 below outlines the Companies' near -term and intermediate -term Execution Plan to increase the flexibility of the existing gas fleet, and additional information on the existing CC fleet is provided in Appendix K. Carolinas Resource Plan 14