-
Business
-
Policy & Business
-
-
Federal IT
-
Information Technology
-
-
State & Local
-
State & Local Government
-
-
Defense
-
Defense & Intelligence
-
-
Healthcare
-
Healthcare Policy & IT
-
-
Energy
-
Energy Policy & Technology
-
-
Education
-
Education Policy & Technology
-
After Scrapping Gas Pipeline, Duke Looks to Plug Hole With Renewables, Grid Investments
GreenTech Media: Duke Energy on Monday reported a $1.6 billion charge related to abandoning the Atlantic Coast Pipeline. The utility also laid out how its renewable energy and grid modernization plans will fill in the capital-investments hole left by the canceled multibillion-dollar natural-gas project.
Duke reported a second-quarter 2020 loss of $817 million, or $1.13 per share, with the pipeline cancellation costs taken into account. Excluding those one-time losses, the multistate utility reported non-GAAP net income of $809 million or $1.08 per share, compared to $1.12 per share in the same quarter last year.
Share
Top Stories
- Energy Department wants national labs to drive regional innovation
- How solar surge saved Europe from the energy crisis
- Study: Puerto Rico should go solar to meet clean energy goal
- The Federal Government Can Use Its Buying Power to Help the Environment and Save Taxpayers Money
- EVs, Building Emissions Among Biden’s Sustainable Energy Priorities
- Deploying Clean Energy Tech Depends on Cost Efficiency, Officials Say
- National Labs to Receive $1.5B Funding Boost
- Solar, telecom rollouts offer lessons for mass EV charging station deployments
- EPA to strengthen proposed rule on methane emissions from oil, gas
- Getting to ‘Net-zero’ Emissions: How Energy Leaders Envision Countering Climate Change in the Future
- Tech Wanted: Government Calls on Industry to Help with Net-Zero Carbon Buildings
- EPA Calls Out Environmental Racism in Louisiana’s Cancer Alley
- Hawaii to U.S. Navy: Quit Polluting Our Waters
- Climate-Based Trainings and Performance Plans Are Coming for Federal Employees
- Infrastructure permitting reform plan blocked in Senate
- Hydro-Québec’s radical but careful digital transformation could be a model for utilities everywhere
Whitepapers & Special Reports
i360Gov Newsletters
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe NowTrending
- Solar, telecom rollouts offer lessons for mass EV charging station deployments
- Tech Wanted: Government Calls on Industry to Help with Net-Zero Carbon Buildings
- Energy Asks for New R&D in Critical Materials for Clean Energy
- Hydro-Québec’s radical but careful digital transformation could be a model for utilities everywhere
- California sets ‘ambitious’ offshore wind goal of up to 5 GW by 2030
- TSA revises cyber rules for pipelines
- Energy Awards Over $540 Million for Green Tech Research
- National Labs to Receive $1.5B Funding Boost
Also in Energy Policy & Technology
About
i360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Contact Us
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
Newsletters
Copyright © 2009-2024 i360Communications, LLC.