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Cowans Ford Hydroelectric Station is a hydroelectric power plant and dam located near Huntersville, North Carolina, approximately 20 miles north of Charlotte on Lake Norman. It is the largest conventional hydro station owned by Duke Energy , generating up to 350 MW of power.
The McGuire Nuclear Station is a nuclear power plant located about 17 miles (27 km) northwest of Charlotte, North Carolina, on the state's largest lake, Lake Norman. It is a 32,500-acre (13,200 ha) lake created in 1963 by Duke Power for the Cowans Ford Hydroelectric Station. The McGuire units use the lake's water for cooling.
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company ranked as the 141st largest company in the United States in 2024 – its highest-ever placement on the Fortune 500 list.
The merger was complete in 2000, and the combined company was called Progress Energy. [5] In 2009 the company announced that the coal-fired units and combustion turbines at the H.F. Lee Plant would be retired. [1] Progress Energy merged with Duke Energy in July 2012. [6]
The North Carolina-based utility remains committed to building power plants that can burn a mix of natural gas and lower-emission hydrogen. ... a coal power plant owned by Duke Energy situated ...
Prior to its merger with Duke Energy, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Headquartered in Raleigh, North Carolina, Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida.
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The release said Quantum Power, a North Carolina-based energy renewal company, will create 34 jobs in Cleveland County and invest $19 million to establish a new facility in Lawndale. The company ...