08:36:08 EDT Wed 22 May 2019
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
DUKE ENERGY CORP
Symbol U : DUK
Recent Sedar Documents

Duke Energy to appeal recent state order to excavate ash basins

2019-04-11 08:00 ET - News Release

CHARLOTTE, N.C., April 11, 2019 /PRNewswire/ -- Today, the company issued the following statement in response to an April 1, 2019, order by the North Carolina Department of Environmental Quality (NCDEQ) requiring excavation of coal ash basins at the company's Allen, Belews Creek, Cliffside/Rogers, Marshall, Mayo and Roxboro facilities. The state decision came after the company submitted to NCDEQ detailed scientific and engineering analyses for nine of the company's 31 North Carolina basins where site-specific closure plans had not yet been determined.

-----

The order by the NCDEQ to excavate the final nine ash basins would impose a financial burden on our customers and the economy of the Carolinas through the most expensive and disruptive closure option possible, despite that these basins are rated "low risk" by NCDEQ.

The process by which NCDEQ arrived at its decision lacked full consideration of the science and engineering, and we will provide those details when we file an appeal before the North Carolina Office of Administrative Hearings in the near future.

We have made tremendous progress in safely and permanently closing ash basins around the Carolinas, and we will continue that work as we resolve this issue.

About Duke Energy
Duke Energy (NYSE: DUK), a Fortune 125 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.

Duke Energy is transforming its customers' experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit's regulated utilities serve approximately 7.7 million retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to more than 1.6 million customers in five states – North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.

Duke Energy was named to Fortune's 2019 "World's Most Admired Companies" list and Forbes' 2018 "America's Best Employers" list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media Contact:
24-Hour: 800.559.3853

© 2019 Canjex Publishing Ltd. All rights reserved.