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Duke Energy

Duke Energy

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

Contents
Power PlantsCarolinasFloridaMidwest
Timeline
Funding rounds
Products
People
Further reading
Documentaries, videos and podcasts
Companies
News
References

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

https://www.linkedin.com/in/brian-savoy-3b00434/

Catherine S. Stempien

State President - Florida

https://www.linkedin.com/in/catherine-stempien-68a0645/

David B. Fountain

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

https://www.linkedin.com/in/david-fountain-a5a78a13/

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

https://www.linkedin.com/in/douglas-esamann-52b62b8/

Dwight L. Jacobs

Senior Vice President, Controller and Chief Accounting Officer

https://www.linkedin.com/in/dwight-jacobs-1049b761/

Harry K. Sideris

Senior Vice President, Customer Experience and Services

https://www.linkedin.com/in/harry-sideris-594484104/

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

https://www.linkedin.com/in/keith-butler-184490/

Kodwo Ghartey-Tagoe

Executive Vice President and Chief Legal Officer

https://www.linkedin.com/in/kodwo-ghartey-tagoe-81723932/

Lynn J. Good

Chairman, President and

Chief Executive Officer

https://www.linkedin.com/in/lynn-good-831b4a112/

Melissa H. Anderson

Executive Vice President and Chief Human Resources Officer

https://www.linkedin.com/in/melissa-anderson-053ab512/

Melody Birmingham

Senior Vice President and

Chief Procurement Officer

https://www.linkedin.com/in/melodybirmingham/

Michael P. Callahan

State President – South Carolina

https://www.linkedin.com/in/michael-callahan-7913966/

Regis T. Repko

Senior Vice President and Chief Fossil/Hydro Officer

Selim Bingol

Senior Vice President and Chief Communications Officer

https://www.linkedin.com/in/selim-bingol-5157387/

Stan Pinegar

State President – Indiana

Stephen G. De May

State President – North Carolina

https://www.linkedin.com/in/stephen-de-may/

Steven K. Young

Executive Vice President and Chief Financial Officer

T. Preston Gillespie

Senior Vice President and Chief Nuclear Officer

https://www.linkedin.com/in/preston-gillespie-58603125/

V. Nelson Peeler

Senior Vice President and Chief Transmission Officer

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Record-breaking year in solar for Duke Energy customers in North Carolina
Duke Energy
January 19, 2021
www.prnewswire.com:443
/PRNewswire/ -- Solar power continued to grow in North Carolina in 2020 with more Duke Energy customers using solar power than ever before. Driven by the...
Duke Energy's Lynn Good Receives EEI's 'Distinguished Leadership Award' for Her Dedication and Service to the Electric Power Industry and Its Customers
Edison Electric Institute
January 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Lynn J. Good, chair, president, and CEO of Charlotte, N.C.-based Duke Energy, has been awarded the Edison Electric Institute's (EEI's)...
Duke Energy establishes relationship with Optus Bank to support minority-owned businesses
Duke Energy
January 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Duke Energy (NYSE: DUK) announced today it has deposited $5 million into Optus Bank, a Black-owned bank based in South Carolina, furthering the...
You may be more greenhouse gas-free than you think
January 7, 2021
WebWire
As many countries, cities and companies seek to lower their greenhouse gas emissions and become carbon-free, you might wonder: How carbon-free am I? Just about everything we do - from driving cars to flying on planes to streaming movies over the internet - carries a "carbon cost" of some level. Electricity usage is a component of your carbon footprint. But there is good news: If you're a Duke Energy customer, about 60% of the electricity you use is already carbon-free. This is no small...
Duke Energy announces dividend payments to shareholders
Duke Energy
January 4, 2021
www.prnewswire.com:443
/PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.965 per share payable on March 16, 2021, to shareholders of...
W. M. Keck Observatory and Duke Energy's REC Solar announce completion of major sustainability project in Hawaii
Duke Energy
December 10, 2020
www.prnewswire.com:443
/PRNewswire/ -- Duke Energy's REC Solar and W. M. Keck Observatory have completed the world's largest commercial solar system installed at the record-breaking...
Duke Energy announces leadership changes
Duke Energy
November 19, 2020
www.prnewswire.com:443
/PRNewswire/ -- Duke Energy today announced several executive changes, including a newly formed chief generation officer role, to further drive the company's...
Duke Energy joins utilities across the continent to protect customers from scams
Duke Energy
November 16, 2020
www.prnewswire.com:443
/PRNewswire/ -- The phone rings. It's Duke Energy. We're on the way to disconnect your electric service unless you pay us over the phone right now. You follow...
Duke Energy named one of North America's top sustainable companies for 15th straight year
Duke Energy
November 16, 2020
www.prnewswire.com:443
/PRNewswire/ -- With its expansion of renewable energy and significant reduction in carbon emissions, combined with its continued focus on social...
Wärtsilä's GEMS to centrally manage multi-state energy storage projects for Duke Energy
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...
Duke Energy crews ready to respond to potential power outages as Isaias nears Carolinas
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...
Duke Energy announces dividend payments to shareholders
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,...
Duke, Dominion drop $5B Atlantic Coast Pipeline
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.
Duke Energy, Piedmont Natural Gas announce additional help for customers during pandemic
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...
New Duke Energy reports show progress toward ambitious climate and sustainability goals
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...
Duke Energy statement on coal ash settlement approval
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...
Duke Energy declares dividend payments to shareholders
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...
Duke Energy, North Carolina regulators and environmentalists reach agreement to permanently close all remaining ash basins in North Carolina
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...
Duke Energy, Carolina Panthers team up to "Share the Warmth" for neighbors in need
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...
Duke Energy contributes $500,000 to protect wetlands in Unity Park in Greenville, S.C.
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...
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References

duke-energy.com
Is a
Company

Company attributes

Industry
Electricity generation
Nuclear power
‌
Nuclear technology
Nuclear power plant
Energy industry
Location
Charlotte, North Carolina
CEO
Lynn Good
Founder
James Buchanan Duke
Crunchbase
crunchbase.com/organiz...poration
Pitchbook
pitchbook.com/profiles.../11509-57
Legal classification
Joint-stock company
Founded date
1904
Stock exchange
New York Stock Exchange

Other attributes

Country
United States
Headquarters
Charlotte, North Carolina
Wikidata ID
Q1264404

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