Duke Energy

Local News
4:58 pm
Fri December 19, 2014

Top Charlotte Execs Discuss Economy At Chamber Luncheon

Credit Ben Bradford / WFAE

Leaders of some of the region’s largest companies have high hopes for the coming year. At the Charlotte Chamber of Commerce’s annual Economic Outlook luncheon, CEOs of Bank of America and Duke Energy, among others, discussed the state of the economy, gas prices, health care, and regulation.


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Local News
6:41 pm
Fri December 12, 2014

Power Companies Reach Rooftop Solar Agreement In SC

Credit Elliot Brown / Flickr

Electric utilities and solar energy developers across the U.S. have clashed over how much the utilities should have to pay for the energy supplied to them by homeowners with solar panels. In South Carolina, the sides reached an agreement Friday and both are claiming a win.


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Local News
8:43 pm
Wed December 10, 2014

Duke Sees Challenges From Slow Energy Growth, Carbon Rules

A chart submitted to the North Carolina Utility Commission shows the mix of fuel Duke Energy Progress expects to add in the Carolinas over the next 15 years.
Credit Duke Energy

Slow energy demand and carbon emission cuts are putting major pressure on the power industry, a top Duke Energy executive said today. Chief Financial Officer Steve Young spoke at a Wells Fargo energy conference about challenges facing coal, solar, wind, and nuclear energy.


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Local News
4:13 pm
Thu December 4, 2014

Duke Energy Mulling Fracking Investment

A natural gas unit at Duke Energy's Sutton Plant near Wilmington came online at the end of 2013.
Credit Duke Energy

Duke Energy is exploring the option of entering the fracking business. While the company says it has not made any decisions, it would mark a departure from Duke’s usual operations.

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Local News
8:59 pm
Thu November 13, 2014

Duke Plans To Use Coal Ash To Fill Old Mines

Duke Energy has five years to remove the four million tons of coal ash at the Riverbend Steam Station, which lies next to Mountain Island Lake.
Credit Mark Rumsey / WFAE

Duke Energy has proposed moving millions of tons of coal ash from waste ponds and using it to fill in old mines. So far, the plan has drawn support from frequent adversaries of the utility.

Duke says it has the perfect place to put about three million tons of ash: in old clay mines in Moncure and Sanford, a few dozen miles southwest of Raleigh. Right now, they are just open pits says Duke Energy spokeswoman Jennifer Jabon.

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Local News
6:00 pm
Fri November 7, 2014

Duke Energy Redoing First Step In Coal Ash Clean-Up

Part of a coal ash pond at the Riverbend Steam Station, which sits next to Mountain Island Lake.
Credit Ben Bradford / WFAE

North Carolina environmental regulators have ordered Duke Energy to redo the first step in the process of cleaning up its coal ash ponds around the state. The company has to measure contamination from the ponds, and state regulators say their plans to do so are inadequate.

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Local News
6:15 pm
Wed October 22, 2014

Duke Will Continue To Pass On Savings From Tax Cut

Credit Duke Energy/Flickr

North Carolina utilities are paying less in taxes to due to the legislature’s tax overhaul last year. The NC Utilities Commission says companies no longer have to pass on those savings to customers but Duke Energy still plans to.

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Local News
9:34 am
Fri October 3, 2014

NC Utilities Give Glimpse Of Opposition To U.S. Carbon Rule

Duke Energy's Buck coal plant in Rowan County
Credit Duke Energy

Opposition is already shaping up to the Environmental Protection Agency rule that, if enacted, would be the first to limit how much carbon the nation’s existing power plants can emit into the air. At the Making Energy Work conference in Uptown Charlotte on Thursday, North Carolina utilities gave an early glimpse of the grounds on which they oppose the rule.

“We’re not sure that it can be implemented as written,” Duke Energy senior vice president Dwight Jacobs said during a panel discussion at the event.

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Politics
3:57 pm
Wed September 24, 2014

Corporate Money And Politics: Which Companies Are Most Transparent?

Cover art from the "2014 Corporate Accountability and Disclosure Index."
Credit Courtesy of the the Center for Political Accountability and the Zicklin Center for Business Ethics Research

The amount of corporate money pumped into politics has surged in the four years since the U.S. Supreme Court decided the Citizens United case.

A new report, released Wednesday, examines how transparent the 300 largest public companies in America are about how much they give to political groups and where that money goes.

And some Charlotte area companies are ranked on the list.

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Local News
7:00 am
Wed September 24, 2014

Duke Joins Proposal For Nation's Largest Wind Farm, Storage

An artist rendering of the energy storage facility.
Credit Magnum Energy

The nation’s largest wind farm in Wyoming would connect to  one of the largest energy storage facilities in Utah to power Los Angeles, in a proposal announced Tuesday by four companies, including Duke Energy. The project’s scale is more akin to a nuclear plant.


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