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Duke Energy is poised to replace some coal-fired power plants with gas-fired stations at two North Carolina sites after receiving key approvals from environmental and utility regulators. Under the ...
In June 2022, Duke privately bought 17 acres of land near Green Pond Road and Highway 417 to house the new Big Ferguson substation, which shares a name with a creek nearby.Residents learned about ...
Duke Energy’s Lynn Good on CEO succession planning: Good Morning from DLD in Munich, where there’s much relief and discussion about the Israel-Hamas ceasefire. Co-chair Yossi Vardi is an ...
Duke Power merged with PanEnergy, a natural gas company, in 1997 to form Duke Energy. [11] The Duke Power name continued as the electric utility business of Duke Energy until the Cinergy merger. Duke Energy Field Services near Palestine, Texas .
North Carolina regulators, following an investigation, reached an agreement with Duke in which the company was required to choose a new CEO by the middle of 2013. Good was selected by a board composed of both Duke and Progress members. [4] Lynn Good became CEO of Duke Energy on July 1, 2013. [4] Good was also elected to the Duke board.
Duke Energy later pled guilty to criminal negligence in its handling of coal ash at the Dan River Plant and at other facilities, and paid substantial fines. [7] In addition, the states affected launched a lawsuit on July 18, 2019, asking that the court declare Duke Energy responsible for the damage done to the environment by the spill.
An aerial composite view of the Marshall Steam Station, a coal power plant owned by Duke Energy situated near Lake Norman in Sherrills Ford, N.C. Tuesday, July 26, 2022.
The utility proposed the natural gas turbines in a 2023 update to its carbon dioxide reduction plan, The (Raleigh) News & Observer previously reported. Duke Energy says it needs the turbines to ...