Duke Energy , headquartered in Charlotte, North Carolina, is a US powerhouse holding company, with assets also in Canada and Latin America.
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Based in Charlotte, North Carolina, Duke Energy has 58,200 megawatts of base load and top generation in the United States, which is distributed to 7.2 million subscribers. The Duke Energy service area includes 104,000 square miles (270,000 km 2 ) with 250,200 miles (402,700 km) of distribution channels. In addition, Duke Energy has more than 4,300 megawatts of power generation in Latin America. It operates eight hydropower plants in Brazil with an installed capacity of 2,307 megawatts. Almost all generations of Midwest Duke Energy comes from coal, natural gas, or oil, while half of Carolinas' generation comes from its nuclear power plant. During 2006, Duke Energy generated 148,798,332 megawatt-hours of electrical energy.
Duke Energy Renewable Services (DERS), a subsidiary of Duke Energy, specializes in the development, ownership, and operation of generation facilities across the United States. This company segment operates 1,700 megawatts of generation. 240 megawatts of wind power is under construction and 1,500 additional megawatts of wind power are in the planning stage. On September 9, 2008, DERS updated its projection for future wind power capacity. By the end of 2008, it will have more than 500 MW of online wind power plate capacity, and an additional 5,000 MW in development.
Subsidiaries
- Duke Energy Carolinas (formerly Duke Power)
- Duke Energy Ohio (formerly Cincinnati Gas & Electric, via Cinergy)
- Duke Energy Kentucky (formerly Union Light, Heat & Power, via Cinergy)
- Duke Energy Indiana (formerly Indiana Public Service, via Cinergy)
- Duke Energy Florida (formerly Florida Power Company, via Progress Energy)
- Duke Energy Progress (formerly Carolina Power and Light, via Progress Energy)
- Duke Energy Renewables
- Duke Energy Retail
- Duke Energy International
Maps Duke Energy
History
The company started in 1900 as Catawba Power Company when Dr. Walker Gill Wylie and his brother finance the construction of hydroelectric power plants in India Hook Shoals along the Catawba River near India Hook, South Carolina. In need of additional funds to advance his ambitious plans for the construction of a series of hydroelectric plants, Wylie convinced James Buchanan Duke to invest in the Southern Power Company, founded in 1905.
In 1917, the Wateree Electric Company was formed as a holding company for several companies founded and/or owned by Duke, his family, or his associates, and in 1924 his name was changed to Duke Power. In 1927, most of the subsidiaries, including Southern Power Company, Catawba Power Company, Great Falls Power Company, and Western Carolina Power Company merged into Duke Power, although Southern Public Utilities, 100% owned by Duke Power, retained legally separate. presence for retail marketing of Duke-generated power for residential and commercial customers.
The 1973 labor dispute between miners and Duke Energy is the subject of the Harlan County documentary, USA. The film documents the use of "rifle thugs" to intimidate striking workers.
In 1988, Nantahala Power & amp; Light Co., which serves Southwestern North Carolina, was purchased by Duke and is now operated under the Nantahala Duke Power brand Area. Duke Power joined PanEnergy, a natural gas company, in 1997 to form Duke Energy. The name Duke Power continues as Duke Energy's electric utility business to the Cinergy merger.
With the purchase of Cinergy Corporation announced in 2005 and completed on April 3, 2006, Duke Energy Corporation's customer base expanded to include the United States Midwestern as well. The company operates nuclear power plants, coal-fired power plants, conventional hydroelectric power stations, natural gas turbines to handle peak demand, and pumped hydro storage. During 2006, Duke Energy also acquired Chatham, Union Gas based in Ontario, which is governed under Ontario Energy Council Act (1998).
On January 3, 2007, Duke Energy separated its gas business to form Spectra Energy. Duke Energy shareholders receive 1 Spectra Energy share for every 2 Duke Energy shares. After the spinoff, Duke Energy now receives most of its revenue from its power operations in parts of North Carolina, South Carolina, Kentucky, Ohio, and Indiana. Spin-offs to Spectra also include Union Gas, which Duke Energy earned a year earlier.
In 2011, Duke Energy worked with Charlotte's business community leaders to help build Charlotte into a smart city. The group called the initiative "Imagine Charlotte." At that time, the group decided on a goal to reduce energy use in "urban urban core by 20 percent." To do so, the group focuses on changes in energy consumption to commercial buildings larger than 10,000 square feet.
On July 3, 2012, Duke Energy joined Progress Energy Inc. under the name Duke Energy maintained along with Charlotte, North Carolina headquarters.
Duke announced on June 18, 2013 that CEO Jim Rogers retired and Lynn Good will become the new CEO. Rogers has been CEO and Chairman since 2006, while Good is Chief Financial Officer of Duke since 2009, after joining Duke in the 2006 Cinergy merger. Rogers' retirement is part of an agreement to end the Duke Army acquisition investigation in 2012.
The company expects to spend $ 13 billion in North Carolina network increases from 2017.
New nuclear power plant
On March 16, 2006, Duke Power announced that an area of ​​Cherokee County, South Carolina had been selected for a potential new nuclear power plant. This site is jointly owned by Duke Power and Southern Company. Duke plans to develop a site for two of the company's Westinghouse Electric Company AP1000 (sophisticated passive) pressurized water reactors. Each reactor is capable of generating about 1,117 megawatts. (See 2010 Nuclear Power Program.)
On December 14, 2007, Duke Power awarded the Joint Construction and Operation License to the Nuclear Regulatory Commission, with the announcement that it would spend $ 160 million in 2008 at the plant for a total cost of $ 5 billion to $ 6 billion. The factory was approved in 2016.
The site will be adjacent to the old site, which was never completed and abandoned in the early 1980s, and is used by James Cameron as the film set for the 1989 film The Abyss.
Environmental recordings
In 1999, the US Environmental Protection Agency initiated a law enforcement action against Duke Energy to modify the very old and worsening coal power plant without obtaining permission under the Clean Air Act. Duke confirmed that "modifications" under the Clean Air Act do not require permission. Environmental groups assert that Duke uses a loophole in the law to increase emissions. Initially, the Duke won at the court level, but in 2006 the case was debated before the Supreme Court ( Environmental Defense v. Duke Energy Corp. (05-848)). The court unanimously decided on April 2, 2007 that the modification allowed the power plant to operate for more hours, increasing emissions, so a Clean Air Act clearance was required.
In 2002, researchers at the University of Massachusetts Amherst identified Duke Energy as the 46th largest air pollution company in the United States, with about 36 million pounds of toxic chemicals released annually into the air. The main pollutants include sulfuric acid and hydrochloride, chromium compounds, and hydrogen fluoride. The Institute for Political Economy Research puts the 13th Duke Energy among companies that emit air pollutants in the United States. Ranking is based on quantity (80 million pounds in 2005) and emissions toxicity. This change reflects the purchase of Cinergy-fueled fossils, which occurred in 2005.
In early 2008, Duke Energy announced plans to build a new, 800-megawatt Cliffside Unit 6 coal plant 55 miles (89 km) west of Charlotte, North Carolina. The plan has been vehemently opposed by environmental groups such as North American Rising Tide, Rainforest Action Network, the community-based Canary Coalition as well as the Southern Environmental Law Center, which threatens to sue Duke if it does not stop development plans. On April 1, activists locked themselves into machines in the Cliffside construction area as part of Fossil Fools Day.
Duke Energy has become "one of the most vocal advocates" for a cap-and-trade system to combat global CO2 emissions, and corporate CEO Jim Rogers thinks the company will profit from cap-and- -trade ". The company left the National Association of Manufacturers at the top of the differences on climate policy.
In a joint venture with a US-based global energy company, AREVA, under the nominal name of ADAGE, Duke Energy has planned a "Green" biomass burning facility in Mason County, Washington and is negotiating with forest owners to secure the 600,000 tonnes of debris needed each year for a $ 250 million biomass fuel plant. The joint venture between Duke Energy's power company and AREVA's global nuclear service giant was created to build a wood-waste-to-energy power plant across the country.
ADAGE President Reed Wills announces Northwest's outpost will be in a struggling wooden town in Shelton, Washington.
The following pollutants are provided by DUKE-AREVA-ADAGE in their application for permission to the Department of Environmental Protection for a plant in Florida.
- 247 tonnes per year - particulate
- 239 tons per year - particulate matter 10
- 233 tonnes per year - particulate matter 2.5
- 249 tonnes per year - NOT x (nitrogen oxide)
- 246 tonnes per year - SO 2 (sulfur dioxide)
- 248 tons per year - CO (carbon monoxide)
- 40 tonnes per year - H 2 SO 4 - (sulfuric acid mist)
- 63 tons per year - VOC (volatile organic compounds)
- 29 tons per year - F (fluoride)
Generate facility
- This list is partially completed due to merger July 3, 2012 with Progress Energy.
Biomass activated
- Shelton Biomass Facility (proposed)
Nuclear
- Catawba Nuclear Station
- McGuire Nuclear Station
- Oconee Nuclear Station
- Shearon Harris Nuclear Power Station
- H. B. Robinson Nuclear Generating Station
- Brunswick Nuclear Generating Station
- Crystal River Nuclear Power Plant (retired February 2013)
- William States Lee III Nuclear Power Station - Future
Coal
- Allen Steam Station
- Asheville Steam Electric Plant
- Belews Creek Steam Station
- The Beckjord Power Plant
- Cayuga Power Station
- Steam Cliffside Station
- Crystal River Energy Complex
- East Bend Station
- Edwardsport Station
- Gallagher Station
- Gibson Station
- Lee Steam Station
- Steam Marshall Station
- Mayo Plant
- Miami Fort Power Station (purchased by Dynegy, 2014)
- Riverbend Steam Station (retirement)
- The Roxboro Steam Factory
- Wabash River Station
- William H. Zimmer Power Station (purchased by Dynegy, 2014)
Hydroelectric
Conventional hydro
The following is a list of thirty Duke Energy conventional hydroelectric facilities, in the order of average electricity production. All properties are 100% owned by Duke, and all except Markland is located in North Carolina and South Carolina (Markland is located in southern Indiana).
- Blewett Falls Hydroelectric Plant
- Ford Hydro Cowans Station, average capacity 350 MW
- Hydro Keowee Station, 158 MW
- Walters Hydroelectric Plant, 112 MW
- Hydroelectric Tillery Factory, 87 MW
- Rocky Creek & amp; Cedar Creek Hydro Station, a combined 73 MW
- Great Falls & amp; Dearborn hydro station, combined 70 MW
- Markland Hydro Station, 65 MW
- Mount Island Hydro Station, 60 MW
- Hydro Station Lake Wylie, 60 MW
- Wateree Hydro Station, 56 MW
- Hydro Fishing Creek Station, 37 MW
- Oxford Hydro Station, 36 MW
- Bridgewater Hydro Station on Lake James, 31.5 MW
- Rhodhiss Hydro Station, 26 MW
- Lookout Shoals Hydro Station, 26 MW
- Blewett Hydroelectric Plant, 22 MW
- Ninety Nine Islands, 18 MW
- Gaston Shoals Factory, 9 MW
- Tuxedo Factory, 5 MW
- Marshall Plant, 4 MW
- and ten clustered locations in Nantahala, in the mountains southwest of North Carolina, yielding a cumulative 99 MW
Hydro storage
- Bad Creek Hydroelectric Station
- Jocassee Pumped-Storage Generating Station
Oil and gas-fired
- Anclote Station
- Asheville Combustion Turbines
- Gabungan Gabungan Cycle Station
- Steam Buck Station
- Buzzard Roost Station
- Cayuga Combustion Turbine Station
- Connersville Summit
- And River Steam Station
- Darlington County Electric Factory
- Henry County Peaking Station
- Hines Energy Complex
- Lee Energy Complex
- Lincoln Combustion Turbine Station
- Madison Peaking Station
- Miami-Wabash Peak Station
- Mill Creek Combustion Turbine Station
- Noblesville Station
- Rockingham Station
- Smith Energy Complex
- Sutton Combined Cycle Plant
- Wabash River Repowering Station
- Wheatland Peak Station
- Woodsdale Station
Solar farm
Citing the decline in the cost of building a solar farm, Duke Energy announced plans in 2017 to launch three new projects in Kentucky. Two will be in Kenton County and another in Grant County. Together these three factories will create more than 6.7 MW of electricity. It joins several other solar farms including:
- Davidson County Solar Farm
- Martins Creek Solar Farm 1 MW (Murphy, NC)
- Culberson Solar Farm 1 MW (Murphy, NC)
- Osceola Solar Facility 4 MW (St.Petersburg, Fla)
In addition, Duke Energy adds 451 MW of solar power capacity to the North Carolina network by 2017.
Wind farm
- Shirley Wind
Awards
Duke Energy has been selected as one of the 50 Best Entrepreneurs In America by Business Insider
In 2002, Duke Energy was awarded the Nobel Prize Ig in Economics to "adapt the mathematical concepts of imaginary numbers to use in the business world".
Criticism
After the February 2, 2014 coal ash spill, which is the third largest of its kind in US history, the US Attorney's Office opened a grand jury investigation into Duke Energy and North Carolina regulators in the administration of Governor Pat McCrory. McCrory has been a Duke Energy employee for 28 years and critics say his government intervened on behalf of Duke to settle lawsuits for environmental abuse. The US prosecutor summoned more than 20 McCrory government officials and searched for notes of "investment, cash or other valuables" from Duke to regulators.
On February 14, 2011, Greenpeace launched a campaign in which Phil Radford asked Duke Energy to "not renew a new single contract for coal-fired removal, deliver at least one-third of Duke's energy from renewable sources by 2020, and stop coal altogether by 2030." In May 2013, student activists launched a divestment campaign against Duke Energy and other coal-fired power plants.
In July 2012, Duke Energy was criticized for paying former Energy Development CEO Bill Johnson $ 44 million in compensation, including $ 10 million in severance pay, for essentially 20 minutes on the job as CEO of Duke. On July 10, new CEO Jim Rogers spoke before the US Utilities Commission, explaining the reasons for Johnson's dismissal as "lost faith". He also mentions "autocratic style", although some former directors of Progress disagree.
In December 2011, the Public Campaign of a non-partisan organization criticized Duke Energy for spending $ 17.47 million to lobby and pay no taxes during 2008 to 2010 and received $ 216 million in tax breaks, despite making a profit of $ 5, 4 billion and increased executive payments by 145% to $ 17.2 million in 2010 for its top 5 executives. The company became the object of protest because of its close relationship with the Democratic Party and its funding for the 2012 Democratic National Convention.
In September 2016, the $ 800 billion Government Pension Fund of Norway excludes Duke and 3 of its subsidiaries, citing "Risk of severe environmental damage".
Tax
Duke Energy has the Crystal River Energy Complex in rural areas, Citrus County, Florida, which includes the now closed 3rd Nuclear Power Plant of the River and four fossil fuel power plants using coal. By the end of 2012, Duke paid $ 19 million of property tax bills 2012 for $ 36 million, and filed a lawsuit against the county, claiming the assessment was too high. Duke Power has 4,700 hectares (1,900 hectares) of land and improvements valued at more than $ 2 billion, accounting for more than a quarter of the county tax base. Citrus County Property Advisor Geoff Greene commented, "Given the complexity, history, and disputes over last year's assessment of the Duke Energy property, an independent assessment team is required and commissioned to achieve fair and equitable value." of the Board of Commissioners and School Board, Greene hired two independent appraisers at a cost of $ 330,000. After five months of checks, documentation and figures, outside assessments concluded that county valuations were not true at $ 2.32 billion; should have been $ 3.47 billion. Based on that figure, Duke owes the remaining $ 17 million for 2012 and 2013 taxes to be $ 54.6 million. Greene stated, "There are many unreported and unreported items."
See also
- 2005 Atlantic Power Supply
- Harlan County USA - An Academy Award-winning 1976 documentary covering the efforts of 180 coal miners while on strike against Duke Electric Company in Harlan County, Kentucky, in 1973.
- The charge remains
References
External links
- Duke Energy
- Spectrum Energy
- Union Gas
- Transcript of Oral Arguments before the Supreme Court, Environmental Defense v. Duke Energy Corp (05-848)
Source of the article : Wikipedia
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