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With the recent war on coal announced by President Obama and his administration's EPA (and make no mistake, it is a purposeful war to eliminate the use of coal), the big story in the coming years will be a massive change to powering electric generating plants with...solar? wind? Nope. Natural gas is the big winner--the
Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., and is one of America’s largest energy holding companies. Last summer, Duke announced plans to build a new gas-fired power plant in Person County, NC. The company recently announced it wants to double it — build a second big gas-fired plant at the same
Once a month, the analysts at the U.S. Energy Information Administration (EIA) issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months or so. We sometimes poke good-natured fun at the EIA because their predictions go up in one month, and in
Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., and is one of America’s largest energy holding companies. Duke's electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, and it collectively owns 50,000 megawatts of energy generating capacity. Duke's natural gas unit serves 1.6 million customers
In early 2013, the Pittsburgh International Airport and Allegheny County, PA, signed a deal with CONSOL Energy (now CNX Resources) to lease 9,000 acres surrounding the airport for natural gas drilling (see $50M Check in the Mail: Pittsburgh Airport Lease a Done Deal). The airport added an electric microgrid that burns Marcellus gas from airport