UPDATE-Dukes Fla. merchant gets go-ahead:

UPDATE-Duke`s Fla. merchant gets go-ahead:

Florida`s Public Service Commission approved plans by Duke Energy Power Services and the Utilities Commission of New Smyrna Beach to build the state`s first merchant power plant (514 MW). The plant now needs approval from Florida`s Department of Environmental Protection before a final decision, expected later this year, is made by the governor and Florida`s cabinet.

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