• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Duke Energy seeks to extend operations for another 50 years at Bad Creek, supporting unprecedented growth in the Carolinas

    8/15/25 2:15:00 PM ET
    $DUK
    Power Generation
    Utilities
    Get the next $DUK alert in real time by email
    • For more than three decades, the pumped storage hydro station in South Carolina has performed a vital role as the largest "battery" on the company's system
    • Effort supports the intent of South Carolina leaders to address growth by continuing to operate proven electricity capacity in the state

    GREENVILLE, S.C., Aug. 15, 2025 /PRNewswire/ -- Duke Energy has announced its submission of the final license application to the Federal Energy Regulatory Commission (FERC) for the Bad Creek Pumped Storage Hydroelectric Station, located near Salem, S.C. The application, if approved, would extend the plant's operations for an additional 50 years.

    Duke Energy logo (PRNewsfoto/Duke Energy)

    A flexible, dynamic, efficient and emission-free way to store and deliver large quantities of energy, pumped storage hydro plants store and generate energy by moving water between two reservoirs at different elevations. Located in Oconee County, S.C., Bad Creek is designed to produce significant amounts of energy when our customers need it most, performing a vital role as the largest "battery" on the company's system since 1991.

    Why it matters: As part of the company's responsibility to serve nearly 860,000 retail electric customers across South Carolina, Duke Energy needs to not only build large amounts of new generation but also extend the lives of those proven workhorse facilities like Bad Creek and the company's existing nuclear fleet to support the economic success and growth the state is experiencing.

    Duke Energy recently completed upgrades to the four units at the Bad Creek pumped storage facility in Salem, S.C. The upgrades add a total of 320 megawatts of carbon-free energy to the company's system, increasing the total capacity of the station to 1,680 megawatts.

    • This commitment to relicense the Bad Creek facility reflects the investments the company is making to maintain and enhance our generating fleet and serve a growing customer base.

    Next steps: The current operating license for the project expires in July 2027 and Duke Energy consulted with more than 70 stakeholders to propose a new license that would run for another 50 years.

    • Duke Energy expects a decision on our operating license application from FERC in 2027, before the original license expires.

    More info: Downloadable b-roll of Bad Creek is available for use. Please courtesy credit: "Duke Energy".

    What they're saying:

    • U.S. Rep. Sheri Biggs: "Bad Creek is a cornerstone of South Carolina's energy infrastructure and a testament to the kind of smart, long-term investment our state needs. I'm proud to support Duke Energy's efforts to extend operations at this critical facility. This project will help power our communities, support economic growth, and ensure a reliable, affordable energy future for families and businesses across the Upstate."
    • Duke Energy South Carolina President Tim Pearson: "Extending the life of this 'marvel in the mountain' has been a significant part of our planning for the future for many years. Our commitment to keep a proven asset like Bad Creek online for decades to come while also bringing a diverse portfolio of new generating resources to the grid reflects the direction our state's leaders have made clear is the right path forward to support a reliable, affordable and resilient energy future for South Carolina."

    Duke Energy Carolinas

    Duke Energy Carolinas, a subsidiary of Duke Energy, owns 20,800 megawatts of energy capacity, supplying electricity to 2.9 million residential, commercial and industrial customers across a 24,000-square-mile service area in North Carolina and South Carolina.

    Duke Energy

    Duke Energy (NYSE:DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

    Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.

    More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

    24-Hour: 800.559.3853

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-seeks-to-extend-operations-for-another-50-years-at-bad-creek-supporting-unprecedented-growth-in-the-carolinas-302531261.html

    SOURCE Duke Energy

    Get the next $DUK alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $DUK

    DatePrice TargetRatingAnalyst
    9/26/2025$134.00Buy → Hold
    Jefferies
    6/25/2025$132.00Neutral → Buy
    Goldman
    6/13/2025Mkt Perform
    Raymond James
    10/22/2024Overweight → Sector Weight
    KeyBanc Capital Markets
    10/15/2024$116.00 → $121.00Neutral → Outperform
    Mizuho
    9/20/2024$138.00Buy
    Jefferies
    2/12/2024$105.00 → $96.00Buy → Neutral
    BofA Securities
    1/23/2024$90.00 → $108.00In-line → Outperform
    Evercore ISI
    More analyst ratings

    $DUK
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 4 filed by Director Guldner Jeffrey B.

    4 - Duke Energy CORP (0001326160) (Issuer)

    9/16/25 2:21:34 PM ET
    $DUK
    Power Generation
    Utilities

    SEC Form 3 filed by new insider Guldner Jeffrey B.

    3 - Duke Energy CORP (0001326160) (Issuer)

    9/15/25 4:22:53 PM ET
    $DUK
    Power Generation
    Utilities

    SVP, Chief Customer Officer Weintraub Alexander J. sold $48,656 worth of shares (400 units at $121.64), decreasing direct ownership by 5% to 7,860 units (SEC Form 4)

    4 - Duke Energy CORP (0001326160) (Issuer)

    8/21/25 4:25:37 PM ET
    $DUK
    Power Generation
    Utilities

    $DUK
    SEC Filings

    View All

    SEC Form 424B3 filed by Duke Energy Corporation (Holding Company)

    424B3 - Duke Energy CORP (0001326160) (Filer)

    9/29/25 9:28:54 AM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy Corporation (Holding Company) filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits

    8-K - Duke Energy CORP (0001326160) (Filer)

    9/12/25 6:32:52 AM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy Corporation (Holding Company) filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - Duke Energy CORP (0001326160) (Filer)

    9/11/25 4:25:38 PM ET
    $DUK
    Power Generation
    Utilities

    $DUK
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Duke Energy downgraded by Jefferies with a new price target

    Jefferies downgraded Duke Energy from Buy to Hold and set a new price target of $134.00

    9/26/25 7:48:32 AM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy upgraded by Goldman with a new price target

    Goldman upgraded Duke Energy from Neutral to Buy and set a new price target of $132.00

    6/25/25 7:50:49 AM ET
    $DUK
    Power Generation
    Utilities

    Raymond James initiated coverage on Duke Energy

    Raymond James initiated coverage of Duke Energy with a rating of Mkt Perform

    6/13/25 7:48:31 AM ET
    $DUK
    Power Generation
    Utilities

    $DUK
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Duke Energy and its Foundation surpass $30 million over 10 years to support community resilience, disaster relief efforts

    Grants, corporate giving, employee donations and volunteer hours help communities prepare for, withstand and recover from stormsFunding supports first responders, emergency management organizations and nonprofit partners across seven statesCHARLOTTE, N.C., Sept. 30, 2025 /PRNewswire/ -- As we reflect on the anniversaries of hurricanes Helene and Milton, Duke Energy Foundation announced that it, together with Duke Energy and its employees, has invested $33.8 million to nonprofit organizations since 2016 to support community resilience, emergency preparedness and disaster relief.

    9/30/25 12:54:00 PM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy helps communities across Ohio and Kentucky prepare sites to bring local investment, jobs

    Duke Energy's Site Readiness Program has enabled evaluation of 42 sites and triggered 5,400 new jobs and $2 billion in capital investment in Ohio and Kentucky since the program began in 2010Three high-potential industrial sites were selected for the 2025 programCINCINNATI, Sept. 24, 2025 /PRNewswire/ -- Duke Energy selected three properties in Southwest Ohio and Northern Kentucky for inclusion in its 2025 Site Readiness Program, which prepares high-potential business and industrial sites for economic development investments and markets them nationwide to companies looking to start, expand or relocate their operations.

    9/24/25 2:13:00 PM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy offers grants up to $20,000 for South Carolina programs that make homes ready for energy efficiency upgrades

    Many homes across the state are unable to benefit from weatherization programs because of pre-existing health and safety issuesQualified nonprofit organizations with existing programs can apply through Oct. 30GREENVILLE, S.C., Sept. 17, 2025 /PRNewswire/ -- Qualified South Carolina nonprofits can now apply for Duke Energy Foundation grants to fund existing programs that help make the necessary repairs that enable households to become eligible for energy efficiency improvements and long-term cost savings. Why it matters: Many homes across the Palmetto State are unable to benefi

    9/17/25 10:00:00 AM ET
    $DUK
    Power Generation
    Utilities

    $DUK
    Leadership Updates

    Live Leadership Updates

    View All

    Duke Energy board appoints Jeffrey Guldner as board member

    CHARLOTTE, N.C., Sept. 12, 2025 /PRNewswire/ -- Duke Energy's board of directors today announced the appointment of Jeffrey Guldner as a new board member, effective Sept. 15. Guldner has also been appointed to be a member of the Compensation and People Development Committee and Finance and Risk Management Committee. "As Duke Energy delivers day in and day out for our customers during a time of historic growth in the industry, Jeff's leadership and energy sector insights bring incredible value to our company as we shape the future of energy," said Harry Sideris, president and c

    9/12/25 6:28:00 AM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy announces key leadership appointments

    Julie Janson, EVP and CEO, Duke Energy Carolinas, to retire after a distinguished 37-year career with the companyKodwo Ghartey-Tagoe, Alex Glenn and Louis Renjel to be appointed to new leadership positions, reflecting the depth of Duke Energy's leadership teamCameron McDonald to join the company's senior management committeeCHARLOTTE, N.C., May 2, 2025 /PRNewswire/ -- Duke Energy (NYSE:DUK) today announced a series of leadership appointments to further advance the company's strategy and ensure it is best positioned to meet the growing energy needs across its service territory.

    5/2/25 9:00:00 AM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy Board of Directors Appoints Harry Sideris as President and Chief Executive Officer, Effective April 1; Succeeds Lynn Good, Who Retires as Chair and CEO

    Sideris, a 29-year company veteran, also joins the board of directors; lead independent director Ted Craver becomes independent chair, both effective April 1In her more than 11 years as CEO, Good transformed Duke Energy into a leading, fully regulated utility – creating substantial customer and shareholder valueCHARLOTTE, N.C., Jan. 13, 2025 /PRNewswire/ -- Duke Energy (NYSE:DUK) today announced that its board of directors has appointed Harry Sideris, president and chief executive officer and a member of the board of directors, effective April 1, 2025. Sideris, currently president, will succeed Lynn Good, who will retire from her management and board roles at the company on April 1 after mor

    1/13/25 8:30:00 AM ET
    $DUK
    Power Generation
    Utilities

    $DUK
    Financials

    Live finance-specific insights

    View All

    Duke Energy partners with Brookfield to secure investment in Duke Energy Florida, expands capital plan to $87 billion

    Brookfield invests in a 19.7% non-controlling equity interest in Duke Energy Florida for $6 billion Partnership supports $4 billion increase in Duke Energy Florida's five-year capital plan aimed at enhancing company's ability to meet customers' rapidly growing and evolving energy demandsAttractive valuation and efficient form of financing enables 100 basis point increase in Duke Energy's long-term FFO/Debt target to 15%, supports 5% to 7% EPS growth rate through 2029 Duke Energy to remain majority owner and operator of DEF; no changes to workforce, operations or Florida leadership team  CHARLOTTE, N.C., Aug. 5, 2025 /PRNewswire/ -- Duke Energy (NYSE:DUK) today announced it has entered into a

    8/5/25 6:50:00 AM ET
    $DUK
    Power Generation
    Utilities

    Duke Energy announces sale of its Tennessee Piedmont Natural Gas business to Spire for $2.48 billion

    Transaction expected to close Q1 2026 Proceeds help efficiently fund Duke Energy's $83 billion five-year capital plan CHARLOTTE, N.C., July 29, 2025 /PRNewswire/ -- Duke Energy (NYSE:DUK) today announced it reached an agreement to sell its Piedmont Natural Gas Tennessee local distribution company business for $2.48 billion in cash to Spire Inc. ("Spire") – one of the largest publicly traded natural gas companies in the country. The sale price represents a 1.8x multiple of 2024 year-end rate base and a 24x multiple of 2024 earnings – a significant premium to Duke Energy's commo

    7/29/25 7:00:00 AM ET
    $DUK
    $SR
    Power Generation
    Utilities
    Oil/Gas Transmission

    Spire to acquire Tennessee Piedmont Natural Gas business from Duke Energy

    ST. LOUIS, July 29, 2025 /PRNewswire/ -- Spire Inc. (NYSE:SR) today announced it has entered into an agreement with Piedmont Natural Gas, a wholly-owned subsidiary of Duke Energy (NYSE:DUK), to acquire its Tennessee local distribution company business that serves more than 200,000 customers in the Nashville area. Spire is acquiring the business for total consideration of $2.48 billion on a cash-free, debt-free basis, representing a purchase price multiple of 1.5x estimated rate base in 2026. The purchase will be accretive to adjusted earnings per share and supportive of long-t

    7/29/25 7:00:00 AM ET
    $DUK
    $SR
    Power Generation
    Utilities
    Oil/Gas Transmission

    $DUK
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Duke Energy Corporation (Holding Company) (Amendment)

    SC 13G/A - Duke Energy CORP (0001326160) (Subject)

    2/13/24 4:55:57 PM ET
    $DUK
    Power Generation
    Utilities

    SEC Form SC 13G/A filed by Duke Energy Corporation (Holding Company) (Amendment)

    SC 13G/A - Duke Energy CORP (0001326160) (Subject)

    1/29/24 10:02:38 AM ET
    $DUK
    Power Generation
    Utilities

    SEC Form SC 13G/A filed by Duke Energy Corporation (Holding Company) (Amendment)

    SC 13G/A - Duke Energy CORP (0001326160) (Subject)

    2/9/23 10:54:46 AM ET
    $DUK
    Power Generation
    Utilities