Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina.
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28 Facts About Duke Energy
2.
Duke Energy operates nuclear power plants, coal-fired plants, conventional hydroelectric plants, natural-gas turbines to handle peak demand, and pumped hydro storage.
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3.
Duke Energy shareholders received 1 share of Spectra Energy for each 2 shares of Duke Energy.
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4.
In 2011, Duke Energy worked with Charlotte's business leader community to help build Charlotte into a smart city.
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5.
Duke Energy completed selling its remaining power operations in Central and South America for $1.
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6.
In 2018, Duke Energy decided not to include new nuclear power in its long-range plans.
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7.
Childress Klein is developing the new building, which will allow Duke Energy to sell its Church Street and College Street buildings, and end its lease at 400 South Tryon.
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8.
Duke Energy's shares traded at over $79 per share, and its market capitalization was valued at over US$58.
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9.
In 1999, the United States Environmental Protection Agency commenced an enforcement action against Duke Energy for making modifications to very old and deteriorating coal-burning power plants without getting permits under the Clean Air Act.
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10.
Duke Energy asserted that a "modification" under the Clean Air Act did not require a permit.
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11.
Environmental groups asserted that Duke Energy was using loopholes in the law to increase emissions.
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12.
In early 2008, Duke Energy announced a plan to build the new, 800-megawatt Cliffside Unit 6 coal plant 55 miles west of Charlotte, North Carolina.
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13.
Duke Energy left the National Association of Manufacturers in part over differences on climate policy.
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14.
Additionally, Duke Energy added 451 MW of solar capacity to North Carolina's grid in 2017.
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15.
In 2020 Duke Energy began commercial operations of several farms in Texas, operating alongside its Farm from 2010.
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16.
Duke Energy announced in October 2018 that it would install 530 electric car charging stations around Florida.
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17.
Duke Energy has been chosen as one of The 50 Best Employers In America by Business Insider.
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18.
In 2002, Duke Energy was awarded the Ig Nobel Prize in Economics for "adapting the mathematical concept of imaginary numbers for use in the business world".
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19.
In July 2004, Duke Energy agreed to pay $208M to settle allegations that it had engaged in price gouging in California during the energy crisis of 2000 and 2001.
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20.
In December 2009, Duke Energy agreed to spend approximately $93M to resolve violations of the Clean Air Act.
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21.
In May 2011, Duke Energy agreed to pay $30M to resolve allegations that changes made to the company pension plan disproportionately harmed employees over 40, costing many of them up to half of their accrued benefits.
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22.
In 2012, Greenpeace protested Duke Energy's lobbying of the Democratic Party, including its funding of the 2012 Democratic National Convention.
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23.
In July 2012, Duke Energy was criticized for paying former Progress Energy CEO Bill Johnson $44.
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25.
Duke Energy was prosecuted, pled guilty to nine charges of criminal negligence, and agreed to pay $102 million in fines and restitutions.
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26.
Duke Energy was ordered to close all of its 32 ash ponds in the state of North Carolina by 2029.
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27.
Duke Energy was accused of having plans to charge the Indiana ratepayer for $8 billion in coal-ash pond closure and cleanup costs.
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28.
In January 2021, Duke Energy agreed to a settlement, which the company proposed, to absorb $1.
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