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Duke Energy's coal-to-natural gas pleases Person County. Environmentalists say not so fast. The Roxboro coal-fired plant has been a key power generator since 1966. It's slated to close within a [...]

Cogentrix Energy, an independent power producer, was sold to Quantum Capital Group, a Houston-based private equity firm, for $3 billion. Cogentrix reported $640 million in revenue in 2023. It has [...]

Byline: Gage Edwards EVENSOL LLC, a renewable energy project developer specializing in biogas and methane mitigation, has announced the successful launch of two state-of-the-art renewable natural gas (RNG) facilities in [...]

Bharlotte's central business district is not the same bustling business hub that it was pre-pandemic, a similar fate facing many U.S. cities. Widespread retail vacancies are obvious, while eight Uptown [...]

The 12-year-old operation, housed in the Lee College of Engineering, has more than $22 million in external research funding, which it is primarily using to conduct studies with industry companies. [...]

Early Years Our brother-in-law inspired us. We saw the lifestyle he had, and he really introduced us to the career. Actually, we saw him compete at a Lineman's Rodeo way [...]

Piedmont Natural Gas wants an 11.7% base rate hike. The Duke Energy subsidiary says it needs the rate increase to recoup costs of complying with federal safety regulations and to [...]

Duke Energy estimates that peak load growth in the Carolinas will be eight times greater than the company projected two years ago, reflecting North Carolina's major economic development expansions. Duke [...]

The Franklin County-Apalachicola Regional Airport is undergoing a $2.31-million rehabilitation to improve the security and capacity of its fuel storage and delivery systems. Duke Energy, the counties and communities that [...]

Silicon Valley business accelerator Plug and Play Tech Center is launching its Central Florida operations in January through a partnership with Osceola County, BRIDG and imec. The Sunnyvale, Calif.-based company, [...]

The round table was hosted by Credit Suisse and sponsored by Credit Suisse and Lenovo. The transcript was edited for brevity and clarity. WHAT'S GOING ON AT NORTH CAROLINA BUSINESS [...]

> Duke Energy is launching a flat-rate pilot with carmakers General Motors, Ford and BMW. The EV Complete Home Charging Plan will allow customers in North Carolina to use up [...]

Duke Energy started an 11-year process of excavation and clean-up at its steam station here as it turns a coal basin into a landfill to dispose of coal ash. Approximately [...]

CHARLOTTE, N.C., -- Duke Energy (NYSE: DUK) today announced its investment in two projects to convert landfill gas from two North Carolina landfills into renewable natural gas (RNG). The two [...]

In July, Dominion Energy and Duke Energy announced the cancellation of the Atlantic Coast Pipeline. Earlier this year, Williams put both its Constitution Pipeline and Northeast Supply Enhancement on hold. [...]

Immediately after the July 4th holiday, with COVID-19 resurging through parts of America, several indelible milestones marked the U.S. pipeline industry as another kind of scourge. Over little more than [...]

Rogers was a freshly minted CEO trying to lead Public Service Indiana back from the brink of bankruptcy when the results of a 10-year federal study on acid rain were released. He became convinced that legislation to curb sulfur dioxide emissions was inevitable-and that his industry should have a seat at the negotiating table. Though his peers were opposed to any government action, cap and trade looked to him like a smart and creative compromise that would enable utilities to modernize their plants and meet aggressive emissions targets without sending electricity prices skyrocketing. In 1990 Rogers testified before Congress in support of cap and trade, which was established by the Clean Air Act Amendments that year. A relatively high number of allowances gave PSI time to make a deliberate and sustainable transition to cleaner generation. Within three years the company's market capitalization had increased by more than 65%, while its price to customers had dropped. By 1995 its sulfur dioxide emissions were down by 30%.PSI acquired a national reputation; it merged with Cincinnati Gas & Electric to create Cinergy, which in 2006 merged with Duke Energy. Together with 21 other companies and five leading environmental organizations, Duke created the U.S. Climate Action Partnership to lobby for strong federal legislation to reduce greenhouse gas emissions. [ABSTRACT FROM AUTHOR]

The article presents a discussion of the impact of climate change concerns on the electric utility industry. The conflicting views of the chief executive officers (CEOs) of some major utility companies are analyzed. James E. Rogers of Duke Energy and John W. Rowe of Exelon are two of the CEOs whose opinions are quoted.

April 20-21, 2023 In its eighth year, North Carolina's premier manufacturing conference powered by NCMEP + Business NC was held at the Benton Conference Center in Winston-Salem. North Carolina's most [...]

> Duke Energy is selling its unregulated Commercial Renewables business to Brookfield Renewable, at an enterprise value of approximately $2.8 billion, including non-controlling tax equity interests and the assumption of [...]

> Albemarle, a specialty chemicals manufacturer and miner with much of its revenue coming from lithium, joined the Fortune 500 list at No. 493. Other N.C. companies on the list [...]

North Carolina's rising profile as a business center in recent decades has coincided with an increased number of legal controversies involving corporations and senior executives. Meanwhile, federal law policing all [...]

The energy industry in the Carolinas is evolving rapidly. North Carolina has become a leader in the Southeast for solar energy. The grid is being modernized. Even the way buildings [...]

UNC Charlotte's Energy Production & Infrastructure Center (EPIC) is helping North Carolina meet its goal to reduce carbon emissions by 70% by 2030 and reach net zero by 2050. Groundbreaking [...]

Byline: C.J. Moore As electric vehicles gain more of a presence on U.S. roads, energy companies are taking a crack at weaving networks of EV charging stations along highways. Six [...]