Lynn Good

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

Depending on the deployment location and competing energy prices, photovoltaic solar panels are among the most cost-effective power solutions being added to the grid today, often without subsidies and other incentives. The revelation came during a panel discussion—which included several CEOs from the power sector—that took place at the Bloomberg New Energy Finance (BNEF) Summit […]

Regardless of recent federal support for a revitalization of coal in the U.S., “the economics are challenged,” Lynn Good, CEO of Duke Energy, said March 1 during a presentation at the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) Energy Innovation Summit. “I think coal continues to be an important part of a […]

Duke Energy, the largest electric utility in the U.S. in terms of market value, is transitioning its generating fleet away from volatile and sometimes unprofitable wholesale markets and toward the traditional, regulated, cost-of-service model that prevails in much of the Carolinas and Florida service territories where Duke dominates. Late last March, the Federal Energy Regulatory […]