GE is creating a company to house developing energy businesses which will focus on providing products and services in energy efficiency, renewable generation and storage. [The New York Times] Duke Energy is under fire in a complaint that accuses the company of being one of the worst polluters in the country. [The LA Times] Wind power is… Keep reading →
Duke Energy
Energy News Roundup: GE Announces New Subsidiary, Duke Facing Fresh Legal Dispute & Growth Of Wind Power In Europe
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We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: States Turn To Renewables, Duke Begins Settlement & Energy Stocks Rise
By Conor O'SullivanState Governments have revealed renewable energy’s potential may be understated as utilities look at batteries and new pricing strategies to prevent overloads from wind and solar power. [WSJ] Duke Energy, Gov. Pat McCrory’s administration and a group of environmental organizations have agreed to resolve lawsuits state environmental regulators brought against the company over leaking ponds… Keep reading →
Energy News Roundup: DOE Cyber Attacks Revealed, Energy Markets Slump Late & Duke Settles Federal Case
By Conor O'SullivanA review of federal records has revealed cyber attackers successfully compromised U.S. Department of Energy computer systems more than 150 times between 2010 and 2014. [USA Today] A strong morning for stocks turned into an afternoon sell-off on Wednesday, reminding investors that energy market remains volatile. [LA Times] The largest U.S. electric company and the… Keep reading →
Energy News Roundup: SEC Going After Miller Energy, LNG The Key To Qatar & Duke Report Record Losses
By Conor O'SullivanThe Securities and Exchange Commission announced today that it is bringing civil charges of fraud against Miller Energy Resources Inc. [Knoxville News Sentinel] Qatar continues to develop as an LNG giant, producing around a third of all liquefied natural gas, despite Australian and the United States export ambitions. [The NY Times] Duke Energy has reported… Keep reading →
Energy News Round Up: New Bilateral Climate Agreement, Rise Of Think-Tanks & Duke Award CEO
By Conor O'SullivanBarack Obama and Dilma Rousseff put climate change at the top of their agenda, with the US and Brazil agreeing to obtain up to 20% of their electricity from renewable power by 2030. “Brazil also committed to restoring up to 12m hectares of forest – an area about the size of England or Pennsylvania –… Keep reading →
Energy News Roundup: Mercedes To Follow Tesla Into Energy Storage, Tri Alpha Target Fusion & Duke Fire In Ohio
By Conor O'SullivanMercedes-Benz has revealed plans to follow Tesla into the energy-storage business. “A division of parent company Daimler has been testing battery packs that can power houses, and plans to launch commercially in September, according to Australia’s Motoring. Like Tesla, Daimler has tested quietly energy-storage systems for some time. The company created a subsidiary called ACCUmotive in… Keep reading →
Energy News Roundup: Texas Floods Related To Climate Change, Clean Power Plan Analysis & Duke Reveals Storage Plans
By Conor O'SullivanConstant rainfall in recent weeks across Texas and Oklahoma resulting in extreme flooding is a result of global warming which is affecting the jet stream, according to meteorologists. “The waterlogged landscape is partly to blame for the weather-related destruction in Central Texas, where fierce storms and tornadoes have dumped record amounts of rain, swelling rivers… Keep reading →
Energy News Roundup: Duke Settlement, JPMorgan’s Energy Bonds & Australia’s Coal Future
By Conor O'SullivanDuke Energy has pleaded guilty to environmental crimes, agreeing to pay a $102 million fine over years of illegal pollution leaking from coal-ash dumps at five North Carolina power plants. “Duke Energy appeared Thursday before a federal judge in Greenville, N.C., Thursday to settle criminal charges stemming from its 2014 coal ash spill into the Dan… Keep reading →
Energy News Roundup: Duke’s Water Scandal, Oil Giants Slump & Cape Wind Stalled
By Conor O'SullivanDuke Energy has agreed to provide families in North Caroline with bottled water after state testing found private wells near where the company stores coal waste contaminated with potentially toxic chemicals. “Over the last week, the state’s department of environment and natural resources mailed out 87 letters to residents who live near sites where Duke has stored… Keep reading →
Energy News Roundup: Duke Plea Delayed, Energy Holdings Restructures Debt & Japan Nuclear Industry In Flux
By Conor O'SullivanDuke Energy received a delay Tuesday in pleading guilty to environmental crimes by claiming that bureaucratic red tape could result in power being cut-off for military bases across North Carolina. “U.S. District Judge Malcolm Howard approved a one-month delay in Duke’s plea and sentencing hearing for criminal violations of the Clean Water Act, which had… Keep reading →