Short-Term Energy Outlook
September 7, 2016
Highlights Benchmark North Sea Brent crude oil spot prices averaged $46/barrel (b) in August, a $1/b increase from July. This was the fourth consecutive month in which Brent spot crude…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, headlines
Short-Term Energy Outlook
September 7, 2016
Highlights Benchmark North Sea Brent crude oil spot prices averaged $46/barrel (b) in August, a $1/b increase from July. This was the fourth consecutive month in which Brent spot crude…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, headlines
SCCEBA works to build a clean energy transportation plan for S.C.
September 6, 2016
On Wednesday, August 24, 2016, clean energy representatives and thought leaders from all over North and South Carolina came together in Cayce, S.C. at the SCANA headquarters to talk about…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, on-the-move
SCCEBA works to build a clean energy transportation plan for S.C.
September 6, 2016
On Wednesday, August 24, 2016, clean energy representatives and thought leaders from all over North and South Carolina came together in Cayce, S.C. at the SCANA headquarters to talk about…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy receives new 30-year operating license for Keowee-Toxaway Hydroelectric Project
August 17, 2016
The Federal Energy Regulatory Commission (FERC) has issued a new 30-year operating license for Duke Energy’s Keowee-Toxaway Hydroelectric Project, which will allow the company to continue operating the Jocassee Pumped…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy Federal Affairs leader Heath Shuler to leave the company
August 15, 2016Duke Energy today announced the company’s Senior Vice President of Federal Affairs Heath Shuler has decided to leave the company to pursue other interests. His last day will be Aug.…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Spartanburg Water receives honors from United Way for giving
August 8, 2016
Employees give more than $54,000 to programs benefitting community in 2015 Spartanburg Water recently received special recognition by the United Way of the Piedmont in three areas: record-breaking monetary pledges in…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy increases quarterly dividend payment by 3.6%
July 11, 2016CHARLOTTE, NC – Duke Energy declared a quarterly cash dividend on its common stock of $0.855 per share, an increase of $0.03 per share, or 3.6 percent. The dividend is…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy Progress seeks base rate increase in South Carolina
July 5, 2016Largest part of the proposed increase would pay for new generation that has replaced older, less-efficient coal plants Customers would still have lower rates than 1988, when adjusted for inflation…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy awards $730,000 in Water Resources Fund grants to local organizations
May 9, 2016Part of $10 million, multiyear commitment to protect and improve the environment Already, 38 projects have received more than $3.5 million from the fund CHARLOTTE, NC – Nine organizations…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy declares quarterly dividend payment to shareholders
May 5, 2016Duke Energy today declared a quarterly cash dividend on its common stock of $0.825 per share payable on June 16, 2016, to shareholders of record at the close of business…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy focused on customers, future strategy, CEO tells shareholders
May 5, 2016Duke Energy is focused on its customers and future strategy in a rapidly evolving industry, CEO Lynn Good told investors at the company’s annual shareholder meeting today. “Our customers are…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy Progress proposes nearly $3 in monthly fuel savings for residential customers in South Carolina
May 2, 2016
Duke Energy Progress is proposing close to $3 in monthly fuel savings for its customers beginning this summer. If approved by the Public Service Commission of South Carolina (PSCSC), the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy accelerates renewable energy growth goal by 33%
April 28, 2016Company plans to own or purchase 8,000 megawatts of capacity by 2020 More company data and goals spelled out in new Sustainability Report CHARLOTTE, NC – Continuing its dramatic…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy recognized for mobile app that shares power outage information
April 27, 2016CS Week today presented Duke Energy with its Best Mobility Implementation Award for the company’s proactive customer outage notification program, which automatically provides registered customers with information about their power…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Education initiatives in the Palmetto State boosted by $500,000 in Duke Energy grants
April 26, 2016
GREENVILLE, SC – Duke Energy has been powering South Carolina for more than a century, and continues to power the minds of its students by investing in innovative education programs…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy and Reading Is Fundamental partner to boost childhood reading skills
April 19, 2016– Program to be piloted in South Carolina’s Pee Dee region – More than 3,000 second graders expected to participate – Program reflects a $400,000 investment by Duke Energy …
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Spinx expands renewable energy offerings
March 28, 2016
Spinx offers high speed electric vehicle charging stations Spinx, a local company dedicated to providing the state of South Carolina the best of convenience store offerings, is increasing their…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Syncarpha Capital and Pacolet Milliken recycle land to complete 12 megawatt solar project
March 23, 2016
The projects, combined of clean, renewable energy and contaminated land, will provide cost-saving benefits for Massachusetts towns Syncarpha Capital and Pacolet Milliken announce the addition of three solar projects, located…
Read MorePosted in: upstatebizsc Category: banking-and-finance, energy, on-the-move
Cultural Center receives educational grant from Piedmont Natural Gas
March 20, 2016
Piedmont Natural Gas has awarded a $2500 grant to Chapman Cultural Center for the advancement of its STEAM educational efforts. STEAM is a national education movement that aims to strengthen…
Read MorePosted in: upstatebizsc Category: energy, non-profit, on-the-move
Repko to lead Duke Energy’s fossil/hydro organization
March 16, 2016
CHARLOTTE, NC – Regis Repko, Duke Energy’s senior vice president of nuclear governance, projects and engineering, has been named the company’s senior vice president and chief fossil/hydro officer, effective April…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy announces closing of public offering of common stock in connection with its pending acquisition of Piedmont Natural Gas
March 7, 2016CHARLOTTE, NC – Duke Energy Corporation (NYSE: DUK) (“Duke”) announced the closing of its underwritten public offering of 10,637,500 shares of its common stock in connection with the forward sale…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Cypress Creek Renewables establishing solar power operations in Lexington County
March 1, 2016
Company investing more than $30 million in three additional Lexington County solar projects Cypress Creek Renewables, a company that specializes in the ownership and development of long-term solar energy projects,…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy Progress gains approval to transition to a smarter, cleaner energy future at the Asheville Plant
February 29, 2016Duke Energy Progress gains approval to transition to a smarter, cleaner energy future at the Asheville Plant Company plans to file future Certificate of Public Convenience and Necessity (CPCN) applications…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy announces public offering of common stock in connection
February 29, 2016CHARLOTTE, NC -Duke Energy Corporation (NYSE: DUK) (“Duke”) announced that it has commenced a registered public offering of 9.25 million shares of its common stock in connection with a forward…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy board appoints Wick Moorman as new board member
February 29, 2016Duke Energy’s board of directors today announced the appointment of former Norfolk Southern Corp. CEO and Executive Chairman Charles W. “Wick” Moorman as a new board member, effective March 1,…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy’s Strategic Services lead A.R. Mullinax to retire May 1
February 24, 2016
A.R. Mullinax, Duke Energy’s executive vice president of Strategic Services, announced Tuesday he would retire from the company effective May 1. Mullinax, 61, has worked for Duke Energy and its…
Read MorePosted in: upstatebizsc Category: education, energy, on-the-move
Duke Energy launches website to ‘enlighten, inform and inspire’
February 22, 2016
Hosted by Duke Energy, illumination.duke-energy.com is a new online destination for feature stories, expert advice and insights about energy. The website showcases stories about remarkable people, innovations, and community and…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Short-Term Energy Outlook
February 11, 2016
Highlights North Sea Brent crude oil prices averaged $31/barrel (b) in January, a $7/b decrease from December and the lowest monthly average price since December 2003. Brent crude oil…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, headlines
Short-Term Energy Outlook
February 11, 2016
Highlights North Sea Brent crude oil prices averaged $31/barrel (b) in January, a $7/b decrease from December and the lowest monthly average price since December 2003. Brent crude oil…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, headlines
South Carolina ranks 2nd in % solar job growth nationally
February 10, 2016
The Solar Foundation (TSF), an independent nonprofit research and education organization, today released state-by-state data from its annual National Solar Jobs Census series via the State Solar Jobs Census Map (www.SolarStates.org). This year’s State Census provides…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, on-the-move
South Carolina ranks 2nd in % solar job growth nationally
February 10, 2016
The Solar Foundation (TSF), an independent nonprofit research and education organization, today released state-by-state data from its annual National Solar Jobs Census series via the State Solar Jobs Census Map (www.SolarStates.org). This year’s State Census provides…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy issues statement regarding a potential sale involving its International Energy business segment
February 4, 2016Duke Energy announced that it is considering the sale of all or a portion of its International Energy business segment. Headquartered in Houston, Texas, Duke Energy International owns power plants…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Riley Institute at Furman to co-present SC Energy Forum in Charleston Feb. 5
February 2, 2016
CHARLESTON, SC – An in-depth discussion about three of the major energy issues facing South Carolina will take center stage when the eighth annual Law & Society Symposium is held…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: education, energy, on-the-move
Mayor White proclaims January 19 “Solarize Greenville Day”
January 20, 2016
Mayor Knox White was joined by former U.S. Representative Bob Inglis and representatives of the Green Ribbon Advisory Committee, Upstate Forever and SmartPower to announce the City’s participation in Solarize…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, government, on-the-move
Upstate Solar Tour Showcases Solar at Work
January 12, 2016
Upstate residents will have a chance to see and hear about the benefits of solar during a unique home tour that showcases how affordable and accessible solar can be for…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move, residential-real-estate
Upstate Solar Tour Showcases Solar at Work
January 12, 2016
Upstate residents will have a chance to see and hear about the benefits of solar during a unique home tour that showcases how affordable and accessible solar can be for…
Read MorePosted in: upstatebizsc Category: energy, on-the-move, residential-real-estate
Duke Energy declares quarterly dividend payment to shareholders
January 4, 2016Duke Energy today declared a quarterly cash dividend on its common stock of $0.825 per share payable on March 16, 2016, to shareholders of record at the close of business…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Cypress Creek Renewables establishing solar power operations in Allendale County
December 21, 2015
Company Investing More Than $8 Million In Solar Project Cypress Creek Renewables, a company that specializes in the ownership and development of long-term solar energy projects, has taken first…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: economic-development, energy, on-the-move
Duke Energy designates Yoho to lead natural gas operations
December 18, 2015
Duke Energy designated Frank Yoho to lead its natural gas operations when the company’s acquisition of Piedmont Natural Gas closes, expected by the end of 2016 after the necessary regulatory…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Duke Energy proposing on-site coal ash landfill at W.S. Lee Station
December 16, 2015Duke Energy Carolinas has started the permitting process to safely manage coal ash at the W.S. Lee Station in Belton, S.C., by constructing a fully lined on-site landfill. It will…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy board elects Lynn Good as board chairman
December 10, 2015
Duke Energy’s board of directors has unanimously elected Duke Energy president, CEO and vice chairman Lynn Good as its new board chairman, effective Jan. 1, 2016. Good succeeds Ann Maynard…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Blue Ridge Electric Cooperative supports manufacturing education through the Greenville Tech Foundation
December 8, 2015
GREENVILLE, SC – Blue Ridge Electric Cooperative has pledged $50,000 to the Greenville Tech Foundation to support scholarships for students pursuing manufacturing careers. The gift was announced by Charles Dalton,…
Read MorePosted in: midlandsbiz, upstatebizsc Category: education, energy, on-the-move
Benefiting Carolinas’ waterways: Duke Energy awards $1 million in grants to local organizations
December 2, 2015
CHARLOTTE, NC – Thirteen organizations in North Carolina and South Carolina will share more than $1 million in new grants from the Water Resources Fund to improve local water quality.…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
South Carolina Power Team promotes Angelyn Thomas to Project Manager
November 5, 2015
COLUMBIA, SC – South Carolina Power Team is pleased to announce the promotion of Angelyn Thomas to project manager. In this role Angelyn will focus on new industry recruitment and job…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, non-profit, on-the-move
Duke Energy declares quarterly dividend payment to shareholders
October 29, 2015CHARLOTTE, NC – Duke Energy today declared a quarterly cash dividend on its common stock of $0.825 per sharepayable on Dec. 16, 2015, to shareholders of record at the close…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy ramps up efforts to protect customers from utility scammers
October 28, 2015
CHARLOTTE, N.C. – Duke Energy is ramping up efforts to protect customers from the long-running scam targeting customers of utility service providers across the country. The company has launched a…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash
October 26, 2015Establishes an attractive natural gas growth platform that expands Duke Energy’s capabilities for customers Transaction expected to be accretive to Duke Energy’s adjusted earnings per share (EPS) in first full…
Read MorePosted in: upstatebizsc Category: energy, on-the-move
Relief efforts in the Carolinas get boost with $100,000 donation from Duke Energy
October 7, 2015
$80,000 donation to the American Red Cross in South Carolina $20,000 donation to the American Red Cross in North Carolina CHARLOTTE, NC – Duke Energy today announced a $100,000donation to the American…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: energy, on-the-move
Historic Cliffside powerhouse imploded as part of Duke Energy’s modernization effort
October 6, 2015CHARLOTTE, NC – As Duke Energy demolished one of the last vestiges of the historic coal-fired Cliffside Steam Station in Mooresboro on Tuesday morning, Reno and Betty Bailey knew the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: energy, on-the-move
