Two formidable U.S. coal power generators this week separately revised their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power…
Duke
Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting…
Duke Energy will swallow $30 million in runaway costs associated with operating its five-year-old 618-MW integrated gasification combined cycle (IGCC) facility in Edwardsport, Indiana, if a settlement the company reached…
Dynegy Inc.’s pending merger with Vistra Energy will create a company of a significant diversification and scale designed to weather volatile markets. Over the past year, at least eight other major…
In a split decision, the North Carolina Court of Appeals affirmed a decision of the North Carolina Utility Commission that an advocacy group has infringed on Duke Energy’s state-sanctioned monopoly…
The Levy County Nuclear Plant is officially off the table in a new settlement agreement between Duke Energy and the Florida Public Service Commission (FPSC). The writing has long been…
The past year saw an astonishing number of mergers, acquisitions, and business reconfigurations of electricity and energy companies, without any obvious organizing theory. Is it possible to make sense of…
The Nuclear Regulatory Commission (NRC) said on Dec. 21 that it has issued combined construction-and-operating licenses (COLs) for Duke Energy’s proposed two-unit William States Lee III nuclear plant in Gaffney,…
Duke Energy announced on Sept. 29 that it had agreed to pay a $7 million fine to resolve all groundwater issues with the North Carolina Department of Environmental Quality (NCDEQ)…
With plans already approved for the closure of 12 of its coal ash basins, Duke Energy on June 23 recommended the full excavation of 12 additional basins located in North…