Duke Energy

Duke Energy

Electric power holding company operating in the United States with a diverse power generation portfolio including renewable assets.

Electric power holding company in the United States, providing electricity to 7.7 million retail customers in six states. They have approximately 51,000 megawatts of electric generating capacity in the Carolinas, the Midwest, and Florida – and natural gas distribution services serving more than 1.6 million customers in Ohio, Kentucky, Tennessee, and the Carolinas. Duke Energy's commercial business owns and operates diverse power generation assets in North America, including a portfolio of renewable energy assets.

Headquartered in Charlotte, North Carolina, Duke Energy is a Fortune 125 company traded on the New York Stock Exchange under the symbol DUK.

Power Plants

Carolinas

  • 6 Nuclear
  • 31 Hydroelectric
  • 6 Coal Fired
  • 13 Gas Fired
  • 2 Pumped Hydro Storage
  • 7 Solar
  • 1 Fuel Oil
  • 9 Retired Plant Sites

Florida

  • 1 Coal Fired
  • 12 Gas Fired
  • 4 Solar
  • 1 Fuel Oil
  • 3 Retired Plant Sites

Midwest

  • 1 Hydroelectric
  • 5 Coal Fired
  • 6 Gas Fired
  • 3 Solar
  • 2 Fuel Oil
  • 2 Retired Plant Sites

Timeline

June 18, 2020

Duke Energy and Piedmont Natural Gas announce additional help for customers during pandemic.

September 20, 2019

Duke Energy announces it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years.

People

Name
Role
LinkedIn

Amy B. Spiller

State President – Ohio and Kentucky

Brian Savoy

Senior Vice President, Chief Transformation and Administrative Officer

Catherine S. Stempien

State President - Florida

David B. Fountain

Senior Vice President, Legal, Chief Ethics and Compliance Officer and Corporate Secretary

Dhiaa M. Jamil

Executive Vice President and Chief Operating Officer

Douglas F Esamann

Executive Vice President, Energy Solutions and President, Midwest/Florida Regions and Natural Gas Business

Dwight L. Jacobs

Senior Vice President, Controller and Chief Accounting Officer

Harry K. Sideris

Senior Vice President, Customer Experience and Services

Julie S. Janson

Executive Vice President, External Affairs and President, Carolinas Region

Keith G. Butler

Senior Vice President, Global Risk Management and Insurance, and Chief Risk Officer

Kodwo Ghartey-Tagoe

Executive Vice President and Chief Legal Officer

Lynn J. Good

Chairman, President and

Chief Executive Officer

Melissa H. Anderson

Executive Vice President and Chief Human Resources Officer

Melody Birmingham

Senior Vice President and

Chief Procurement Officer

Michael P. Callahan

State President – South Carolina

Regis T. Repko

Senior Vice President and Chief Fossil/Hydro Officer

Selim Bingol

Senior Vice President and Chief Communications Officer

Stan Pinegar

State President – Indiana

Stephen G. De May

State President – North Carolina

Steven K. Young

Executive Vice President and Chief Financial Officer

T. Preston Gillespie

Senior Vice President and Chief Nuclear Officer

V. Nelson Peeler

Senior Vice President and Chief Transmission Officer

Further reading

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Documentaries, videos and podcasts

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Companies

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News

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Description
August 31, 2020
WebWire
Technology group Wärtsilä has contracted with Duke Energy, one of the largest electric power holding companies in the United States, for the Engineering, Procurement, and Construction (EPC) of three battery storage facilities during the past six months. These facilities will be located in North Carolina and Indiana in the United States.Additionally, Wärtsilä's GEMS advanced energy management platform will be deployed across the utility's existing and planned battery storage sites and sol...
August 4, 2020
WebWire
As Tropical Storm Isaias continues its path toward eastern North Carolina and South Carolina, Duke Energy has more than 2,200 workers prepared to respond to power outages. The National Hurricane Center forecasts that the storm will regain hurricane strength before it reaches the Carolinas coast. More than 300 Duke Energy workers traveled from the company's Midwest service territory - Indiana, Ohio and Kentucky - and an additional 300 workers will travel from Florida tomorrow to supplemen...
July 6, 2020
WebWire
Duke Energy today declared a quarterly cash dividend on its common stock of $0.965, an increase of $0.02 per share. This dividend is payable on Sept. 16, 2020, to shareholders of record at the close of business Aug. 14, 2020. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Sept. 16, 2020, to shareholders of record at the close of business Aug. 14, 2020. This is equivalent to $0.359375 per depositary share. In addition,...
Associated Press
July 5, 2020
Boston Herald
The developers of the Atlantic Coast Pipeline announced Sunday that they are canceling the multi-state natural gas project, citing delays and increasing cost uncertainty.
June 18, 2020
WebWire
Duke Energy and Piedmont Natural Gas said they are adding steps to help customers who are suffering financial hardship as a result of the COVID-19 pandemic. The additional steps build on the swift actions both service providers offered to help customers at the start of the response to the pandemic. Both suspended key credit processes, including disconnections for nonpayment, late payment fees and fees for credit card and other payments. The company also donated $6 million for COVID-19 re...
April 29, 2020
WebWire
Duke Energy (NYSE: DUK) released a pair of data-driven reports outlining the company's recent accomplishments and path to advance its critical environmental, social and governance (ESG) initiatives. The company's Sustainability Report details the company's performance in four key areas - customers, growth, operations and employees. The report also is available in a PDF for download. Duke Energy's 2020 Climate Report discusses how the company is addressing climate change by reducing ca...
February 6, 2020
WebWire
Duke Energy issued the following statement after receiving final approval of the company's agreement with the state regulator and the environmental community on how to permanently close all remaining ash basins in North Carolina. North Carolina Superior Court Judge Paul Ridgeway approved, and entered into the record, a consent order offered by the company, North Carolina Department of Environmental Quality and the Southern Environmental Law Center representing a number of community gr...
January 6, 2020
WebWire
Duke Energy declared a quarterly cash dividend on its common stock of $0.945 per share payable on March 16, 2020, to shareholders of record at the close of business Feb. 14, 2020. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 16, 2020, to shareholders of record at the close of business Feb. 14, 2020. This is equivalent to $0.359375 per depositary share. In addition, the company declared the initial cash dividend...
January 2, 2020
WebWire
, , , , • Plan relies heavily on excavation with ash placed in lined landfills , , • Lowers estimated closure cost by approximately $1.5 billion while ensuring that people, communities and environment are well protected , , • Resolves pending environmental litigation related to basin closure methods , , , , , , In a major achievement that puts the coal ash debate to rest in North Carolina, state regulators, community groups and Duke Energy have agreed to a plan to permanently close the company's...
December 3, 2019
WebWire
Duke Energy and the Carolina Panthers have teamed up to bolster contributions to "Share the Warmth" -- a community assistance program established by Duke Energy in 1985 to help Carolinas residents in need pay for heating expenses. The partnership includes game-day events, advertising and other outreach efforts. A new text-to-give option allows anyone who makes a donation to receive an exclusive thank-you video featuring Carolina Panther players. Also, fans who donate at least $20 by text...
November 25, 2019
WebWire
Duke Energy today announced a $500,000 grant to enhance and protect natural wetlands in Greenville's Unity Park, providing school children and other park visitors the opportunity to learn about the native species and wildlife living in this unique and critical ecosystem in the middle of an urban environment. The project will include the Duke Energy Outdoor Classroom as part of an ADA-accessible boardwalk providing new public access to these currently overlooked and unapproachable wetlands...
October 22, 2019
WebWire
Duke Energy linemen roped in six awards at the International Lineman's Rodeo on Saturday, Oct. 19 in Bonner Springs, Kan., with North Carolina's Mike Haynes, David Phillips and Neal Walker taking home first place in the world for the journeyman senior division, ages 50 and up. The rodeo featured simulated "hurt-man rescues," power line repairs and utility pole climbs. The competition included more than 1,000 line-workers. Competitors were judged on speed, agility, technique and safety p...
October 10, 2019
WebWire
Duke Energy will announce its third-quarter 2019 financial results at 7 a.m. ET on Friday, Nov. 8, in a news release to be posted on the company's website at duke-energy.com/investors. An earnings conference call for analysts is scheduled from 10 to 11 a.m. ET that day to discuss third-quarter 2019 financial results and other business and financial updates. The conference call will be hosted by Lynn Good, chairman, president and chief executive officer, and Steve Young, executive vice p...
September 20, 2019
WebWire
, , , , • Nuclear fleet generates half of its Carolinas customers' electricity, carbon-free , , • Company intends to renew the operating licenses of 11 reactors for an additional 20 years , , • License application for Oconee Nuclear Station in Seneca, S.C., will be first submitted , , , , , , Duke Energy (NYSE: DUK) announced today it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. "Our nuclear power plan...
Duke Energy
September 17, 2019
www.prnewswire.com:443
CHARLOTTE, N.C., Sept. 17, 2019 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced an updated climate strategy with a new goal of net-zero carbon...
Duke Energy
September 16, 2019
www.prnewswire.com:443
CHARLOTTE, N.C., Sept. 16, 2019 /PRNewswire/ -- Building on its long-running record of sustainability leadership, Duke Energy was recently named to the Dow...
September 11, 2019
WebWire
A $200,000 grant from Duke Energy will help the Asheville Redefines Transit (ART) system fund five electric bus-charging stations that were installed by the city earlier this year. Asheville is making great strides to add electric buses to its fleet," said Lang Reynolds, director, Electrification Strategy for Duke Energy. "Charging infrastructure is a critical component of this effort, and Duke Energy is pleased our grant can assist." Since 2016, Duke Energy has expanded charging for el...
August 27, 2019
WebWire
Six outstanding organizations have been chosen to receive Duke Energy's long-standing Power Partner award for 2019. The Power Partner award program, which began in 1992, honors businesses and other organizations that achieve notable results in categories including solutions innovation, community excellence, economic development, sustainability innovation, storm restoration and renewable excellence. Each of the 2019 Power Partners will be recognized at individual award ceremonies later thi...
Duke Energy
August 27, 2019
www.prnewswire.com:443
CHARLOTTE, N.C., Aug. 27, 2019 /PRNewswire/ -- Duke Energy has selected four properties in South Carolina for participation in its 2019 Site Readiness Program...
August 7, 2019
WebWire
Duke Energy (NYSE: DUK) has posted its second-quarter 2019 financial results in a news release available on the company's website at the following link: duke-energy.com/investors. Lynn Good, chairman, president and chief executive officer, and Steve Young, executive vice president and chief financial officer, will discuss the company's financial results and other business and financial updates during an investor presentation. The call can be accessed via the investors' section ( duke-e...
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