How many coal plants does Duke Energy have?

How many coal plants are in North Carolina?

Almost all of the coal consumed in North Carolina is used for electricity generation. Most of the coal delivered to the state’s eight coal-fired power plants is transported by rail from states east of the Mississippi River, primarily West Virginia, Pennsylvania, and Kentucky.

Is Duke Energy shutting down coal plants?

As announced in January 2020, Duke Energy, state regulators and community groups agreed to a plan to permanently close the company’s remaining nine coal ash basins in North Carolina.

How much of Duke Energy is coal?

Coal fuel represents about 27% of our generation portfolio. We are striving to provide cleaner energy to customers by modernizing and diversifying our fuel sources, relying less on coal-fired units and shifting our fuel mix to lower- and no-carbon fuel sources.

How much money does Lynn Good make?

As Chair, President and CEO at Duke Energy CORP, Lynn J. Good made $14,298,352 in total compensation. Of this total $1,390,500 was received as a salary, $1,169,578 was received as a bonus, $0 was received in stock options, $11,431,738 was awarded as stock and $306,536 came from other types of compensation.

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Is Duk a buy?

For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 25.60%
2 Buy 19.21%
3 Hold 10.85%
4 Sell 6.62%

How much does it cost to produce electricity from coal?

Coal, in particular, is expected to be significantly more expensive than current prices indicate. A conventional coal plant built today would create electricity at 9.5 cents per kilowatt hour, more expensive than the electricity in current coal-reliant states (5.8-9.1 cents/kWh for states using more than 80% coal).

Does NC have coal power plants?

In 2019, North Carolina had a total summer capacity of 34,860 MW through all of its power plants, and a net generation of 131,174 GWh.


Name Marshall Steam Station
Location 35.5975°N 80.9658°W
Capacity (MW) 2058
Owner Duke Energy

Where are Duke Energy coal ash ponds?

Under the agreement, coal ash will be excavated from two ash ponds at both the Allen Steam Station in Belmont, and the two at the Cliffside/Rogers Energy Complex in Mooresboro and one pit each at the Belews Creek Steam Station in Belews Creek, the Mayo Plant in Roxboro and the Roxboro Plant in Semora.

Is there coal ash in Lake Norman?

Coal ash particles have been found in soil near two coal-fired power plants: Duke Energy’s Marshall Steam Station on Lake Norman near the Iredell-Catawba county line in North Carolina, and Bull Run Steam Plant, operated by the Tennessee Valley Authority, in Clayton, Tenn., scientists announced this week.

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