energy

Duncan McFadyen

A bankruptcy court filing shows that a high-tech battery maker in Concord has found a buyer for most of its assets. The filing by Alevo Manufacturing Inc. says an unidentified bidder has contracted to buy most of the equipment, raw materials and other assets for $5 million.

A grappler tears into bricks and metal at Duke Energy's retired Riverbend Steam Station in Mount Holly.
David Boraks / WFAE

A big transformation is happening at Duke Energy's retired Riverbend Steam Station on Mountain Island Lake northwest of Charlotte. The 1920s powerhouse is being demolished, wall-by-wall. And trains are hauling away coal ash that had been dumped behind the plant for about 90 years. 

A deep freeze in January, which included a mid-month snow storm, pushed electricity use in North Carolina to record highs, says Duke Energy.
David Boraks / WFAE

Thanks to unusually low temperatures, January is turning out to be a record month for electricity use in North Carolina.  It also could mean higher bills for customers, according to Duke Energy. 

Alevo CEO Jostein Eikeland unveiled the company's plans for the old Philip Morris plant in October 2014.
Duncan McFadyen / WFAE

An industrial battery company that took over the former Philip Morris plant in Concord three years ago is going out of business. Nearly 300 people are losing their jobs.

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.

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

Duke Energy this summer will ask North Carolina regulators to raise the rates consumers pay on their electricity bills for the first time in four years. The rate hikes – at Duke’s two electricity subsidiaries in the state - would help pay for new plants, Hurricane Matthew recovery costs and coal ash cleanups.

Gov. Pat McCrory
NC.gov

North Carolina is continuing to fight new EPA rules that limit carbon emissions from power plants. Gov. Pat McCrory's office said Wednesday night the state has joined 27 other states in asking the US Supreme Court to delay the Clean Power Plan, while the states challenge the rules in court.

Arpingstone / Wikimedia Commons

Charlotte business leaders met in Ballantyne Friday to discuss transportation issues, including failing infrastructure and funding shortfalls. But the number one topic of conversation was a specific tax carve-out for American Airlines. 

TW Buckner https://creativecommons.org/licenses/by/2.0/ / Flickr

UNC Charlotte is getting money from the U.S. Department of Energy to update its engineering program in an effort to help modernize the power grid.

The five-year project is in collaboration with three other universities.


Duke Energy's Store Sells Sort-Of-Free Lightbulbs

Nov 20, 2013
Duke Energy website

Duke Energy is offering free lightbulbs when you order them online. Well, almost free. You can order lightbulbs for up to 92 percent off the retail price. The company's efforts to promote energy efficiency helps their bottom line.


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