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Tag Archives: duke energy corp.

Study: Coal ash not culprit for cancer-causing contaminant

An example of coal ash collected following cleanup of Duke Energy's coal ash waste. (Image: Waterkeeper Alliance Inc. via Flickr)

RALEIGH, N.C. (AP) — A cancer-causing heavy metal found in water wells near coal ash pits and other industrial sites is much more widespread and naturally occurring than previously thought, university researchers said Wednesday. The presence of hexavalent chromium is more related to volcanic rock found in North Carolina and nearby states than the pits used to store the waste ...

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Duke Energy CEO: Cyber-threats grow; EPA lawsuit clarifying

cybersecurity

CARY, N.C. (AP) — The volume of cyberattacks on the country’s largest electric company is astounding, and much of it is coming from computer hackers backed by foreign governments, Duke Energy Corp. CEO Lynn Good said Tuesday. So besides hardening online defenses, Duke Energy is focusing on how quickly the company could restore power if the flow to any of ...

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NC OKs $1B Duke Energy gas plant; decision on rates later

A distant view of the Duke Energy Asheville coal-fired plant in North Carolina. (Image: ara'mer via Flickr)

RALEIGH, N.C. (AP) — North Carolina electricity regulators say Duke Energy Corp. can replace an Asheville coal-burning power plant with two units fueled by natural gas that will produce 50 percent more electricity. The North Carolina Utilities Commission on Monday approved construction of the $1 billion early conversion of the coal-burning plant to cleaner natural gas. The country’s largest electric ...

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Costs of closing, cleaning toxic coal ash pits grows clearer

Image: Anthony via Flickr

EDEN, N.C. (AP) — Giant earthmoving machines beep and grind as they drop 17-ton scoops of coal ash and dirt into dozens of railroad cars lined up for two-thirds of a mile at a site along the Virginia-North Carolina border, where the country’s largest electricity company was responsible for one of the worst spills of the toxic, liquefied waste in ...

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Dominion Resources buying Questar for about $4.4 billion

FILE - This Wednesday, April 29, 2015, file photo, shows Dominion Power's coal fired power plant along the James River in Chester, Va. Dominion Resources announced Monday, Feb. 1, 2016, that it is buying Questar for approximately $4.4 billion, a big reach to the West for the East coast energy company. (AP Photo/Steve Helber)

NEW YORK — Dominion Resources will spend approximately $4.4 billion to acquire Questar in a big reach to the West for the East Coast energy company. Dominion is a power producer in the mid-Atlantic region. Questar is in the Rockies and a principal source of gas supply to Western states. There was a rush of deals last year among energy ...

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Duke Energy to buy Piedmont to boost natgas operations

Getty Images via NewsCred.

Oct 26 (Reuters) – Duke Energy Corp, the largest U.S. power company by generation capacity, said on Monday it would buy Piedmont Natural Gas Co for $4.9 billion in cash, helping expand its natural gas distribution business. Duke offered $60 in cash for each Piedmont share, representing a premium of about 42 percent premium to the stock’s Friday close. A ...

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FPL asks permission to drill for natural gas

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TALLAHASSEE — Florida Power & Light wants to get into the natural gas fracking business and it wants its customers to pay for it. At a hearing on Monday, the state’s largest utility asked regulators for permission to charge customers up to $750 million a year to form a partnership with an Oklahoma oil and gas company because, it argues, ...

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