Memo- Duke Energy and Costs of Coal Ash Cleanup
Memo on Duke Energy and Costs of Coal Ash Cleanup (pdf)
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Duke Energy Exec: ‘Our Customers Want Solar’
Charlotte Business Journal: Duke Energy will build three utility-owned and operated solar projects in Kentucky. Construction will start by the end of the summer, and the projects are likely to be online by early 2018, Duke says. This will be the fourth state in which a Duke regulated utility owns solar farms. The three Duke […]
Duke Wants Customers to Pay $200 Million For Coal Ash Clean-Up
Emery P. Dalesio for the Associated Press: The nation’s largest electric company wants regulators in North Carolina to force consumers to pay nearly $200 million a year to clean up the toxic byproducts of burning coal to generate power. That doesn’t sit well with neighbors of the power plants who have been living on bottled […]
Proposed Bailout of Two Power Plants in Ohio Loses Momentum
Columbus Dispatch: A proposal to subsidize two coal-fired power plants is no longer on a fast track and might not pass at all. This is a shift from last month, when House Bill 239 seemed to be moving quickly toward becoming law, despite opposition from consumer and environmental groups. The Ohio House Public Utilities Committee […]
Press Release
IEEFA Report: ‘Natural Security’ Argument for Saving 2 Power Plants Is a Red Herring Meant to Distract From an Ohio Valley Electric Bailout
Keeping Kyger Creek and Clifty Creek on Life Support Would Cost Ratepayers $1.4 Billion; Market Conditions Will Continue to Undermine Viability of Aging Coal-Fired Plants; Public Resources Are Better Spent on Investing in Transition; Neither Generator Is Needed for Grid Stability
June 20, 2017 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. The plants […]
Duke Energy Expands Plan to Move to Cleaner Electricity Generation
Associated Press: Any jump in coal production promised by President Donald Trump will not come from the largest U.S. electricity company, which is planning a steady move out of the fuel still key to producing power. Duke Energy Corp. reports Thursday that about 34 percent of the electricity used by customers in the Carolinas, Florida, […]
Op-Ed: No to Ratepayer-Finance Bailouts in Ohio
Columbus Dispatch: Using more electricity means your monthly utility bill goes up. And using less means your bill goes down, right? That’s what you’d expect, but that’s not what Ohio households will experience if the state’s Public Utilities Commission goes along with new proposals from the state’s leading utility companies. AEP Ohio, Duke Energy, and […]
Duke Energy CEO: Presidents Come, Presidents Go (‘the Only Person Running Duke Energy for 2025, 2030 and 2035 is Duke Energy’)
Charlotte Business Journal: Duke Energy CEO Lynn Good says despite talk of “reviving the coal industry” in the Trump administration, coal remains economically and environmentally challenged — and Duke won’t change its move away from the fuel. “We have to look through the changes of administration, the changes in politics and set our vision on […]
Poll: 83.8% of North Carolinas Oppose Duke Energy Charging Ratepayers for Coal-Ash Cleanup; 83.2% Favor Politicians Who Support Renewables
Charlotte Business Journal: Duke Energy gets bad news in a new poll on N.C. voter attitudes on energy: Three-quarters of voters surveyed are concerned about Duke’s coal-ash ponds and 83.8% say Duke itself should pay for cleaning them up and not charge customers. And 67.5% of voters surveyed in a poll commissioned by Conservatives for […]
Study: Duke Energy Resistance to Clean Energy Costs Ratepayers in North and South Carolina $10 Billion
Southeast Energy News: Ratepayers in the Carolinas could save nearly $10 billion if Duke Energy increased solar power sixfold, shuttered coal plants ahead of schedule, and abandoned goals for a new nuclear plant, a new report shows. Clean energy advocates who commissioned the research from Daymark Energy Advisors say it’s a game-changer in the perennial […]
David Schlissel
IEEFA Update: Kemper, Edwardsport, and ‘Clean Coal’
Construction Delays and Budget Overruns; Productivity Problems; High Operating Costs
If the “clean coal” integrated gasification combined cycle (IGCC) technology promoted at home and abroad by the U.S. utility industry sounds too good to be true, it’s because it is. That’s why Moody’s Investors Services warned the other day that it might downgrade the credit of Mississippi Power Company because of the declining competitiveness of […]
IEEFA Report: ‘Natural Security’ Argument for Saving 2 Power Plants Is a Red Herring Meant to Distract From an Ohio Valley Electric Bailout
Keeping Kyger Creek and Clifty Creek on Life Support Would Cost Ratepayers $1.4 Billion; Market Conditions Will Continue to Undermine Viability of Aging Coal-Fired Plants; Public Resources Are Better Spent on Investing in Transition; Neither Generator Is Needed for Grid StabilityJune 20, 2017 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a research brief questioning a bill in the Ohio legislature that would bail out two failing coal-fired power plants owned by the Ohio Valley Electric Corporation (OVEC) and keep the plants alive at huge expense to ratepayers. The plants […]