Exhibit 23.2
 
                              CONSENT OF KPMG LLP
 
   We consent to the incorporation by reference in this Registration Statement
on Form S-3 of Duke Energy Corporation of our report dated January 16, 1997 on
the consolidated balance sheet of PanEnergy Corp as of December 31, 1996 and the
related consolidated statements of income, common stockholders' equity and cash
flows for the year ended December 31, 1996 appearing in the annual report on
Form 10-K of PanEnergy Corp for the year ended December 31, 1996 and to the
reference to our firm under the heading "Experts" in the Prospectus.
 
/s/ KPMG LLP
- ---------------
 KPMG LLP
 
Houston, Texas
May 21, 1999