Duke Energy

Drawing shows design for the W.S. Lee Nuclear Plant in Cherokee County, S.C.
Westinghouse Electric Co./Duke Energy

North Carolina regulators want Duke Energy to account for what it has spent on a South Carolina nuclear power plant that is facing new doubts after the company that was supposed to supply the reactors filed for bankruptcy.

Former F. W. Woolworth Co. store in Greensboro, North Carolina, the site of a now-famous "sit-in" protest by black college students in 1960.
By dbking from Washington, DC (Greensboro, NC "Sit In" 1960) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

The International Civil Rights Center and Museum in Greensboro may have its power cut off if it can’t resolve an $18,000 bill that Duke Energy says it owes. The museum is at the site of the historic 1960 sit-in at a segregated F.W. Woolworth lunch counter.

Updated 3:07 p.m.
Warmer winter weather slowed Duke Energy's electricity sales in the first three months of the year. But profits still rose slightly, and executives say overall Duke is growing.  During the first quarter, the company also logged expenses from its October merger with Piedmont Natural Gas, and saw international revenues disappear, after the December sale of its Latin American operations.

Here's the web screen where investors watched Thursday's Duke annual meeting.
Duke-Energy.com

Duke Energy shareholders elected directors and voted on other questions Thursday at the company's first virtual annual meeting. Ballots and questions for the CEO were submitted in advance, or by clicking a button on a special web page.

Duke CEO Lynn Good sat on a blue-curtained set and looked toward the camera as she opened the meeting at an undisclosed location.

The Justice Department has closed a two-year investigation into U.S. Rep. Robert Pittenger without filing charges. The department had been looking into whether Pittenger improperly transferred money to his 2012 campaign from his former real estate business.

Duke Energy's annual meeting is Thursday, but don't try to go to uptown Charlotte and vote your shares. This year’s meeting will be at a secret location, beamed to shareholders via telephone and internet. Protesters say they'll be at Duke's headquarters anyway.  

Duke imploded its retired Sutton coal-fired plant in 2016.
Duke Energy

President Donald Trump wants to revive the coal industry and bring back coal jobs. But big coal buyers like Duke Energy are moving in the opposite direction. Duke's annual sustainability report calls for continuing to invest in cleaner energy sources, like natural gas and solar power. 

The 10-year plan includes upgrading power lines and systems across Duke's North Carolina grid.
David Boraks / WFAE

Duke Energy plans to spend an extra $13 billion over the next decade to modernize the power lines and systems that distribute electricity in North Carolina. The upgrades include burying lines, adding technology to reduce outages, and giving customers more energy efficiency tools. 

Duke Energy is removing coal ash from basins near the retired Riverbend Plant, near Mountain Island Lake.
David Boraks / WFAE

Updated 1:43 p.m.
Duke Energy is suing 30 insurance companies over who should pay to clean up toxic coal ash at its coal-fired power plants in North Carolina. The utility says any money it recovers in the suit will help reduce future rate increases to pay for cleanups.

Duke Energy's Preston Pierce stands atop the dam above Bad Creek Hydro Station in South Carolina.
David Boraks / WFAE

Wind and solar power get most of the attention when it comes to renewable energy. But Duke Energy has another alternative - a type of hydroelectric power called pumped storage. WFAE reporter David Boraks visited Bad Creek hydroelectric station in upstate South Carolina, where Duke is getting ready to invest millions of dollars in upgrades.

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