Search
Search plants, projects, owners, and states
Search plants, projects, owners, and states
851 MW Natural Gas Fired Combined Cycle (730 MW) + Natural Gas Fired Combustion Turbine (121 MW) operating in New Hanover, NC
851 MW
Nameplate Capacity
5
Generators
units
Hybrid (2)
Technology
Natural Gas Fired Combined Cycle + Natural Gas Fired Combustion Turbine
2013
Operating Since
Coordinates
34.2825, -77.9849
County
New Hanover, NC
Nearby Plants
Forward-looking, asset-specific exposure analytics combining climate hazards, generation variability, and counterparty risk into a single decision-grade view. Powered by InfraRisk.
See the full risk decomposition + scenarios for this asset.
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | Duke Energy Progress - (NC) | Duke Energy Progress | — |
| Owner(s) | Duke Energy Progress - (NC) | Duke Energy | — |
| Status | Operating | — | — |
L V Sutton Combined Cycle is an 851 MW hybrid power plant located in New Hanover County, North Carolina. The plant, which began operating in 2013, is owned and operated by Duke Energy Progress. It utilizes natural gas as its primary fuel source and employs both natural gas-fired combined cycle and natural gas-fired combustion turbine technologies across its five generators. The plant operates within the Duke Energy Progress East balancing authority and the SERC NERC region.
In its most recent year of operation, L V Sutton Combined Cycle generated 3,534,472 MWh of electricity, achieving a capacity factor of 47.4%. The plant ranks as the 9th largest in North Carolina out of 16 plants and 224th nationally out of 945 plants. Financial data indicates an installed cost of $660.85 per kW, based on FERC filings.
Generated from EIA, GEM, and public data sources
Grid Region
Southeast
Market
SEEM Participant
NERC Region
SERC — SERC Reliability Corporation
Balancing Authority
Duke Energy Progress East (CPLE)
Grid Voltage
230.0 kV
Regulatory Status
RE — Regulated
Entity Type
Investor-Owned Utility
Sector
Electric Utility
Monthly net generation as reported to EIA-923 — useful for historical context. Confidence varies sharply by fuel type; the band above and the “About this data” button explain the caveats specific to this plant and how InfraSure’s in-house model handles them.
407.8K MWh
Latest Month
3.5M MWh
Annual Generation
47.4%
Capacity Factor
Forward-looking generation outlook with probabilistic ranges across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.
See the full forecast + scenario decomposition for this asset.
Gas turbine · Duke Energy Progress, Inc. · Data from 2015–2024
$804/kW
Installed Cost
$1/kW
Annual CapEx
$45.8/MWh
Operating Cost
Annual Capital & Operating Expenses
Cumulative Installed Cost
Per-Unit Cost Trends
Forward revenue, DSCR bands, and refinancing risk projected under price, demand, and policy scenarios. Powered by InfraSure's asset cashflow stack.
See the full revenue + DSCR projection for this asset.
This plant's balancing authority participates in the Southeast Energy Exchange Market (SEEM). SEEM is a bilateral exchange — no public nodal pricing.
No wholesale contracts disclosed in FERC EQR for this plant.
FERC EQR captures bilateral wholesale energy + capacity contracts ≥$1M/yr filed quarterly by jurisdictional sellers — covers renewable PPAs, thermal energy sales agreements, capacity contracts, and tolling agreements alike. Many plants don't appear: regulated-utility output flows to ratepayers via cost-of-service rather than bilateral contracts; small projects fall below the filing threshold; tax-equity-financed renewables route offtake to investors not utilities; merchant plants sell into ISO clearing markets without bilateral contracts. News-extracted buyer facts (below) may surface contracts disclosed only through announcements.
Last updated 2026-05-31
View all 5 articlesForward forecasts, scenario decomposition, and risk-decision tooling for this asset.