North Carolina

IEEFA Research

IEEFA report: The vanishing case for the Atlantic Coast Pipeline

IEEFA report: The vanishing case for the Atlantic Coast Pipeline

Declining demand and more affordable renewables raise new questions about viability

January 29, 2019 (IEEFA) — Diminishing consumer demand coupled with more affordable renewables are casting doubt on the overall feasibility and potential profitability of the Atlantic Coast Pipeline, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) and Oil Change International. The report, The Vanishing Need for the Atlantic […]

January 29, 2019 Read More →
Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Mountain Valley and Atlantic Coast Pipelines Pose Risk to Ratepayers, Communities, and Investors

We’ve published a report today that concludes that two natural gas pipelines proposed for construction from West Virginia into Virginia and North Carolina are indicative of a rush toward industry overbuilding. The study, “Risks Associated With Natural Gas Pipeline Expansion Across Appalachia,” examines the proposed Mountain Valley Pipeline, which would traverse West Virginia into eastern […]

April 27, 2016 Read More →
Memo- Duke Energy and Costs of Coal Ash Cleanup

Memo- Duke Energy and Costs of Coal Ash Cleanup

Memo on Duke Energy and Costs of Coal Ash Cleanup (pdf)

June 10, 2014 Read More →

More News and Commentary

Duke’s Carolina solar installations total 2,500MW in past four years, more coming

PV Magazine: There has been a fervent solar development march in the Carolinas by Duke energy over the past half-decade, a march which saw 565 MW of solar capacity installed in 2018. Overall, Duke has added a total of 2,500 MW of solar in the two states over the last four years. This was in […]

January 30, 2019 Read More →
IEEFA report: The vanishing case for the Atlantic Coast Pipeline

IEEFA report: The vanishing case for the Atlantic Coast Pipeline

Declining demand and more affordable renewables raise new questions about viability

January 29, 2019 (IEEFA) — Diminishing consumer demand coupled with more affordable renewables are casting doubt on the overall feasibility and potential profitability of the Atlantic Coast Pipeline, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) and Oil Change International. The report, The Vanishing Need for the Atlantic […]

January 29, 2019 Read More →
IEEFA U.S.: A sea change in American offshore wind
and

IEEFA U.S.: A sea change in American offshore wind

Up and down the East Coast, initiatives to develop a massive and largely untapped market

The big lease sales ($405 million) last month in coastal waters off Massachusetts for three federally owned tracts that didn’t sell at an auction in 2015 signal a sea change in how U.S. offshore wind generation potential is now perceived. The winners of that auction, who emerged after 32 rounds of bidding over two days, […]

and January 9, 2019 Read More →

Power markets in U.S. Northeast, Texas, and North Carolina begin to follow California trend toward more renewables, less natural gas

Green Tech Media: California has been a haven for solar developers for years. Beginning in 2006, the gigawatts’ worth of solar in its yearly queue of requests rivaled the state’s gas capacity. Wind hasn’t been far behind. And four years ago, energy storage additions began to creep in. According to Prajit Ghosh, head of global […]

November 14, 2018 Read More →
IEEFA U.S.: Two of Duke Energy’s plants in North Carolina reflect national trend in baseload slippage for coal

IEEFA U.S.: Two of Duke Energy’s plants in North Carolina reflect national trend in baseload slippage for coal

Cases in point: Mayo and Roxboro now operate at a fraction of their capacity

Plant closures grab most of the U.S. coal industry headlines lately, but an equally important story emerging from the data illustrates another facet of change sweeping the utility industry and its suppliers: Coal is losing its foothold as a baseload power resource. This shift is occurring nationally, but what’s happening in North Carolina is a […]

October 29, 2018 Read More →

Carolina utility plans major investment in energy storage

S&P Global Market Intelligence ($): Duke Energy Corp. plans to invest $500 million to add nearly 300 MW of battery storage to its portfolio in the Carolinas over the next 15 years. “Duke Energy is at the forefront of battery energy storage, and our investment could increase as we identify projects that deliver benefits to […]

October 10, 2018 Read More →

Florence undercuts coal, nuclear bailout plans

The Washington Post: Hurricane Florence has blown a hole in the Trump administration’s argument that bolstering nuclear and coal-fired power is essential to providing reliable electricity to homes and businesses, especially during times of crisis, according to energy experts long critical of the plan. For months, the Department of Energy has considered throwing a lifeline […]

September 18, 2018 Read More →

Duke Energy outlines coal phase-out plans

The Charlotte Observer: Duke Energy plans to close its seven North Carolina coal plants during the next 30 years, according to filings this week with state regulators. Those plans include calling for the Allen Steam Station, just outside of Charlotte in Gaston County, to close in 10 years, according to Duke. Coal plants like Allen […]

September 10, 2018 Read More →

‘Offshore wind ready to take off in the U.S.’

S&P Global Market Intelligence ($): As of the end of 2017, European countries have installed a total of just under 16,000 MW of offshore wind. The United States has installed 30 MW. For a country that ranks second globally in onshore wind installations with roughly 89 GW, why is it that the US is so […]

August 7, 2018 Read More →

Coal ash cleanup could cost Duke’s N.C. customers $5 billion

Associated Press: A string of decisions by North Carolina regulators means electricity consumers could be seeing a multibillion-dollar bill to clean up mountains of waste Duke Energy created by spending decades burning coal to produce power. State utilities regulators late last month decided that both North Carolina divisions of the country’s No. 2 power company […]

July 9, 2018 Read More →