Duke Energy Corp. News

Traditional Ways of Paying for Fires and Floods Aren’t Cutting It

Fires and floods are sending some of the nation’s largest utilities to the bond market to cover huge, unexpected bills. California’s PG&E Corp., which was forced into bankruptcy a year ago after its equipment sparked the deadliest wildfire in state …

The Other Coal Fight: Red States Try to Drain Toxic Waste Ponds

It’s the other dirty problem for U.S. coal — one that could cost utilities billions to clean up. Even as the Trump administration tries to revive the industry, some states are pushing utilities including Duke Energy Corp. and Dominion Energy …

Neighbors Need Not Waive all Legal Claims Linked to Duke Energy Coal Ash Pits

Neighbors of Duke Energy Corp.’s unlined coal ash pits in North Carolina went to court after the company said their $5,000 “goodwill” payments required them to give up future health claims linked to contaminated well water, but now they’re ending …

Insurers Say They Don’t Owe Because Duke Energy Knew Coal Ash Risk

Dozens of insurance companies say they’re not obligated to help pay for Duke Energy Corp.’s multi-billion dollar coal ash cleanup because the nation’s largest electric company long knew about but did nothing to reduce the threat of potentially toxic pollutants. …

Duke Energy Sues Insurers Over Coal Ash Cleanup Costs

The largest U.S. electric company sued 30 international and domestic insurance companies Wednesday, saying they should cover part of the utility’s multibillion-dollar cleanup costs in the Carolinas for toxic byproducts left from decades of burning coal to generate power. Charlotte-based …

Closing, Cleaning Toxic Coal Ash Pits Will Cost Billions

Giant earthmoving machines beep and grind as they drop 17-ton scoops of coal ash and dirt into dozens of railroad cars lined up for two-thirds of a mile at a site along the Virginia-North Carolina border, where the country’s largest …