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News Breaks
June 16, 2014
18:06 EDTDUKDuke Energy: North Carolina coal plants 'safe and performing as designed'
Duke Energy announced that the company has completed ash basin related pipe inspections at its North Carolina coal plants and shared those results with the North Carolina Department of Environment and Natural Resources. The third-party inspections demonstrate that the infrastructure is safe and performing as designed, but some areas of water infiltration were identified. Based on this assessment, the company is already developing engineering plans to repair or close certain pipes and to continue monitoring the others. Following the Dan River incident in February, the company engaged outside engineering firms to conduct inspections of pipes at its active and retired coal plants. "Our highest priority remains the safe operation of our facilities and the health and well-being of the communities and customers we serve," said Lynn Good, Duke Energy president and CEO. "These pipe inspections, and the steps we're taking to address any issues, demonstrate our ongoing commitment to safely managing coal ash at all of our basins." In a news release today NCDENR confirmed "State officials did not identify any imminent public health or safety hazards..." The agency issued eight Notices of Deficiency and requested engineering assessments and repair plans for pipes at Marshall Steam Station in Catawba County, Riverbend and Allen Steam Stations in Gaston County, Buck Steam Station in Rowan County and Cliffside Steam Station in Rutherford and Cleveland counties. In addition, NCDENR issued three inspection letters requesting additional information on pipes where no leaks were detected at the Buck, Riverbend and Marshall Steam Stations. "We will continue working with the agency to secure the necessary permits to carry out our work and will continue to be responsive to state officials as we all address this important issue for North Carolina," said Good.
News For DUK From The Last 14 Days
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June 30, 2015
10:01 EDTDUKOn The Fly: Analyst Initiation Summary
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09:13 EDTDUKDuke Energy, Samsung SDI and Younicos to update energy system
Duke Energy, Samsung SDI and Younicos will team up to update Duke Energy's 36-megawatt energy storage and power management system at the company's Notrees Windpower Project in west Texas. The system, one of the nation's largest, has been operating since 2012 with lead acid batteries. Over the course of 2016, these batteries will be gradually replaced with lithium-ion technology.
June 29, 2015
17:07 EDTDUKDuke Energy initiated with a Neutral at Mizuho
Target $75.
10:51 EDTDUKSupreme Court overrules EPA regulations on power plant pollution, The Hill says
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June 25, 2015
08:09 EDTDUKTerraForm acquires ownership stake of 9 MW of solar power plants
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June 23, 2015
08:06 EDTDUKDuke Energy recommends full excavation of an additional 12 coal ash basins
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June 22, 2015
19:56 EDTDUKUtilities sector dips after EPA warns of 'significant risks' from climate change
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June 19, 2015
08:29 EDTDUKDuke Energy completes stock repurchase program
Duke Energy announced completion of a $1.5B accelerated stock repurchase program, funded with proceeds from the sale of the company's Midwest Commercial Generation business.

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