Post Tagged with: "Duke Energy"

Is Duke Energy leaving Ohio?
Coal / Duke Energy / Energy

Is Duke Energy leaving Ohio?

RALEIGH, NC — In a January 11 article on Duke Energy’s purchase of Progress Energy, Raleigh News & Observer reporter Bruce Henderson noted the following: Purchasing Progress, which allows Duke to move into Florida, might also be a way for Duke to dilute Ohio’s importance in its portfolio, said Brian […]

Analysis: Merged Duke-Progress seeks strategy beyond coal
Coal / Duke Energy / Energy

Analysis: Merged Duke-Progress seeks strategy beyond coal

NEW YORK — “Duke Energy’s (DUK.N) $13.7 billion deal to buy Progress Energy (PGN.N) may allow the combined company to make better use of its aging coal-fired power plants as it seeks to boost generation from natural gas, renewables and nuclear. Both companies rely heavily on coal-fired plants, which comprise […]

Duke Energy buying Progress Energy in $13.7 billion deal
Coal / Duke Energy

Duke Energy buying Progress Energy in $13.7 billion deal

Duke and Raleigh’s Progress Energy to merge; would be largest electric utility in the country CHARLOTTE, NC — “Duke Energy and Progress Energy announced this morning a merger that will base the combined N.C. power companies in Charlotte and make it the nation’s biggest electric utility with 7.1 million customers… […]

Big polluters freed from environmental oversight by stimulus
Duke Energy

Big polluters freed from environmental oversight by stimulus

BP, Westar, and DuPont among companies exempted from environmental law WASHINGTON, DC — “In the name of job creation and clean energy, the Obama administration has doled out billions of dollars in stimulus money to some of the nation’s biggest polluters and granted them sweeping exemptions from the most basic […]

Duke rethinking options on use of mountaintop coal
Coal / Duke Energy / Mountaintop Removal

Duke rethinking options on use of mountaintop coal

CHARLOTTE, NC – “Duke Energy made an unusual request of its coal suppliers last month: Quote the price of coal mined without blasting Appalachian mountaintops. With that, the nation’s third-largest utility in power sales hinted that it might cut ties to the environmentally destructive and politically explosive practice… ‘I definitely […]