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Duke Energy challenges 'stranded cost' report, SC regulators struggle with how to judge power plant plan bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Lynn Good says Duke Energy is looking to reduce natural gas impact. Critics call efforts 'woefully inadequate' bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
CFO says the plan can still make economic sense. (Bloomberg) Duke Energy Corp. is considering building as many as 15 new natural gas units even as the company commits to eliminating carbon emissions by 2050. In order to still meet its climate target, the nation’s largest utility says it would retire the plants early after 25 years rather than the usual 40. “We’ve done analysis that says, ‘Let’s shorten the life of these gas assets,’” Chief Financial Officer Steve Young said in an interview before the company released its quarterly earnings Thursday. “It can still make economic sense.” Duke, which says adding gas plants could help retire its coal fleet and provide electricity as it transitions to renewables, has proposed six different plans for cleaning up its power mix. All but one includes new gas plants. Still, Duke expects to be able to cut emissions by 56-71% by 2030, depending on which path is approved by state regulators. Not buildin ....
Posted2/7/2021 1:00 PM More COVID-19 vaccinations are given as people ice fish, clean snow off high school sports fields, celebrate birthdays and practice Olympic routines in the suburbs in The Week in Pictures photo gallery for January 30-February 5, 2021.
Tyler Fitch, 14, of Barrington relaxes on the ice while fishing during the Lake in the Hills Annual Ice Fishing Tournament on Woods Creek Lake Saturday, January 27, 2021. Joe Lewnard | Staff Photographer John Starks | Staff Photographer
COVID-19 survivor Juanita Thomas received her first COVID-19 vaccine and will get her second dose on Monday, Feb. 8. Thomas lives at the Belmont Village Senior Living community in Carol Stream. ....
1 hour Climate Activists: Canada’s Support To Oil Sector Hit US$14 Billion In 2020 4 hours Shell To Put Energy Transition Plan To Shareholder Vote 5 hours Businesses Call For Market-Based Approach To Climate Change 6 hours Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies 7 hours Executives Pay Deters Big Oil From Acting On Climate Change 23 hours Oil Soars 5% As Bullish News Mounts 1 day Brazil Looks To Finance Fuel Subsidies With Oil Auctions 1 day U.S. Boosts Oil Exports To Canada 1 day The U.S. Power Sector Has Reduced Emissions By 52% 1 day The Battle For European Oil Markets Is Heating Up ....