Duke Energy

DATC Moves Ahead With New Power Lines

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With debate on cost allocation for building new transmission lines still heated in Washington DC and FERC 1000 still pending, Duke American Transmission Company (DATC) made its own decision.

On Monday, the company–a joint venture between Duke Energy and American Transmission Company–announced it would be building $4 billion worth of new transmission lines in seven distinct projects across Iowa, Wisconsin, Illinois, Indiana and Ohio. The projects, each spanning anywhere from 65 to 696 miles, would be a combination of both 345-kilovolt lines and 500-kilovolt high-voltage direct-current lines. Keep reading →

 /  Published September 14, 2011 at 6:00 AM

Duke Gets The Jump On Smart Grid

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A sprawling five-state utility in the Southeast United States and founded in 1900, Duke Energy is perhaps more familiar than most power companies with the stagnant nature of the electrical transmission grid.

In its August 8 White Paper, titled “Developing the communications platform to enable a more intelligent electric grid,” Duke Energy’s Manager of Technology Development David Masters outlines the company’s smart grid vision and how it hopes to see the electric grid modernized, and transformed, in the coming decades. Keep reading →

 /  Published August 10, 2011 at 10:00 AM

US Energy Sector Buying Rather Than Building

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Deal activity in the US power and utilities sector nearly doubled in the first six months of 2011 over the preceding year as companies spent $52 billion to acquire new capacity rather than build their own.

Companies are “buying growth versus building new capabilities from within,” US power and utilities transaction services leader John McConomy for accounting firm PwC said in announcing the latest figures from the North American Power Deals report for the second quarter of 2011. Keep reading →

 /  Published August 9, 2011 at 6:00 AM

Duke Boosts Profit Ahead Of Merger

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US power and natural gas giant Duke Energy extended its 2011 rebound through the second quarter of the year, reporting increasing profit on robust revenue growth, particularly in its international operations.

Duke Energy reported a $441 million profit in the second quarter of 2011 and a nearly $1 billion profit for the first six months of the year at $941 million, up from a second-quarter loss in 2010 of $217 million and a first-half 2010 profit of only $228 million. Keep reading →

 /  Published August 3, 2011 at 6:00 AM

Managing The Air Conditioned Nightmare

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As temperatures soar this summer and customers turn up air conditioning units, utilities are working to raise awareness about saving power through demand response programs and smart meters.

In this video, Duke Energy–which serves North and South Carolina as well as parts of the Midwest–uses cartoon imagery to illustrate how it is incorporating renewable to handle peak demands, how demand response (residential energy management systems) helps the utility quickly shed load, and how intelligent sensors and communication nodes on transmission lines help the grid be smarter and use energy more efficiently. Keep reading →

 /  Published July 22, 2011 at 6:00 AM
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