Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Duke Energy Corp    DUK

Delayed Quote. Delayed  - 07/29 10:05:24 pm
85.59 USD   +0.46%
07/29 DUKE ENERGY : employees put the energy into volunteering
07/29 DUKE ENERGY : City Snippets
07/29 DUKE ENERGY : Residents weigh in on controversial gas pipeline
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Duke Energy Corp : Duke Energy initiates demolition process at Weatherspoon Plant

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/04/2013 | 08:54pm CEST

LUMBERTON, N.C. -

After more than two years of planning and preparation, Duke Energy will begin demolishing the retired Weatherspoon coal-fired power plant this fall.

The demolition process will last several months and will include implosion of the powerhouse and chimneys.

Duke Energy's long-term vision for sites with retired coal units such as Weatherspoon is to safely return them to ground level using a method known as decommissioning and demolition. This multi-year process involves cleaning and removing equipment, deconstructing the buildings and powerhouse, and restoring the site.

"We are committed to decommissioning the Weatherspoon Plant safely and effectively, as a good steward of the environmental resources entrusted to us,' said David McNeill, Duke Energy district manager. "By retiring the older, less efficient coal units, we have the opportunity to modernize our generation fleet to better serve our customers. Duke Energy will have retired seven of our 14 coal plants in the state by the end of 2013 as part of our investments to meet customers' needs in cleaner ways."

In the first phase, changes at the site will be less noticeable, but during the final stages of the demolition process, local neighbors and community members may notice the removal of larger structures from the site.

The demolition contractors plan to move equipment to and from the site by rail and truck; however, the local community should not be significantly impacted.

As it prepares to close ash basins at retired plant sites, Duke Energy is evaluating multiple, site-specific closure options to ensure high water-quality protection, while balancing the many interests of customers. The company will continue to update the community as the process advances.

Customers interested in learning more about the decommissioning project can visit http://www.duke-energy.com/coal-decommissioning.

About Duke Energy Progress

Duke Energy Progress, a subsidiary of Duke Energy (NYSE: DUK), provides electricity and related services to nearly 1.5 million customers in North Carolina and South Carolina. The company is headquartered in Raleigh, N.C., and serves a territory encompassing more than 34,000 square miles including the cities of Raleigh, Wilmington and Asheville in North Carolina and Florence and Sumter in South Carolina. More information is available at www.progress-energy.com.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at: www.duke-energy.com

Contact: Catherine Butler
Office: 980.373.1828 | 24-Hour: 800.559.3853

###


distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DUKE ENERGY CORP
07/29 DUKE ENERGY : employees put the energy into volunteering
07/29 DUKE ENERGY : City Snippets
07/29 DUKE ENERGY : Residents weigh in on controversial gas pipeline
07/28 DUKE ENERGY : 400 without power in east Charlotte after tree falls onto power li..
07/28 DUKE ENERGY : Florida brings solar power plant online
07/27 DUKE ENERGY : Coal ash law changes 'are good for our citizens'
07/27 DUKE ENERGY : Why your electric bill drops when natural gas prices do
07/26 DUKE ENERGY : HCLA receives grant, sponsorship
07/26 DUKE ENERGY : Florida provides free energy makeovers for income-eligible residen..
07/26 DUKE ENERGY : Florida arts community receives Duke Energy grants July 19, 2016
More news
Sector news : Electric Utilities - NEC
07/29DJNEXTERA ENERGY : to Buy Energy Future's Oncor in $18.4 Billion Deal -- 6th Updat..
07/29DJNextEra to Buy Energy Future's Oncor in $18.4 Billion Deal -- 5th Update
07/29DJNextEra to Buy Energy Future's Oncor in $18.4 Billion Deal -- 4th Update
07/29DJNEXTERA ENERGY : to Buy Energy Future's Oncor in $18.4 Billion Deal -- 3rd Updat..
07/29DJNEXTERA ENERGY : to Buy Energy Future's Oncor in $18.4 Billion Deal -- 2nd Updat..
More sector news : Electric Utilities - NEC
News from SeekingAlpha
07/29 HDLV : Verizon's Gone... What's Going On?
07/24 TOP 10 HEALTH CARE STOCKS : Which To Buy? Part 3
07/22 DUKE ENERGY : 3 Things Dividend Investors Need To Know About This High-Yield Uti..
07/19 A Major Shift In The Solar-Utility Relationship
07/18 6 Companies Rewarding Shareholders With Regular Dividend Hikes
Advertisement
Financials ($)
Sales 2016 24 168 M
EBIT 2016 6 082 M
Net income 2016 3 168 M
Debt 2016 43 271 M
Yield 2016 3,97%
P/E ratio 2016 18,59
P/E ratio 2017 17,91
EV / Sales 2016 4,22x
EV / Sales 2017 4,17x
Capitalization 58 694 M
More Financials
Chart DUKE ENERGY CORP
Duration : Period :
Duke Energy Corp Technical Analysis Chart | DUK | US26441C2044 | 4-Traders
Full-screen chart
Technical analysis trends DUKE ENERGY CORP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 84,9 $
Spread / Average Target -0,30%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Lynn J. Good Chairman, President & Chief Executive Officer
Dhiaa M. Jamil Chief Operating Officer & Executive Vice President
Steven K. Young Chief Financial Officer & Executive Vice President
Christopher B. Heck Chief Information Officer & Vice President
Michael G. Browning Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
DUKE ENERGY CORP19.34%58 694
SOUTHERN CO13.83%49 987
DOMINION RESOURCES, IN..13.75%47 412
IBERDROLA SA-5.73%42 982
KOREA ELECTRIC POWER C..--.--%35 314
AMERICAN ELECTRIC POWE..18.28%33 861
More Results