INDEPENDENT AUDITORS' CONSENT

The Board of Directors
Duke Energy Corporation:

We consent to incorporation by reference in the registration statement
(No. 333-29585) on Form S-8 of Duke Energy Corporation of our report dated
May 28, 1999, relating to the statements of net assets available for benefits
of the Employees' Savings Plan of PanEnergy Corp and Participating Affiliates
as of December 31, 1998 and 1997, and the related statements of changes
in net assets available for benefits for the years then ended; and the related
schedules, which report appears in the December 31, 1998 Annual Report on Form
11-K of Employees' Savings Plan of PanEnergy Corp and Participating Affiliates.

/s/   KPMG LLP
   ---------------
      KPMG LLP

Houston, Texas
June 25, 1999