The proposed merger of Duke Energy and Progress Energy could reduce their fuel and joint-dispatch expenses by as much as $800 million over five years while cutting nonfuel expenses by 5% to 7%, said Duke Chairman, President and CEO James Rogers. The spending reductions for fuel and joint dispatch "couldn't be achieved with any other company," Rogers said. The deal would also bolster the companies' ability to compete in the nuclear sector, analysts said. Platts (1/10) , The Washington Post
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