Duke Energy | 2nd Green Revolution

Duke Energy

Duke Energy Logo JPEG.thumbnailDuke Energy, one of the largest electric power companies in the United States, supplies and delivers energy to approximately 4 million U.S. customers. The company has approximately 36,000 megawatts of electric generating capacity in the Midwest and the Carolinas, and natural gas distribution services in Ohio and Kentucky. In addition, Duke Energy has more than 4,000 megawatts of electric generation in Latin America, and is a joint-venture partner in a U.S. real estate company. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company.

Mission Statement

“We conduct our operations with an eye on the future, recognizing that we have a responsibility to contribute to a healthy economy, a clean environment and a strong social fabric today and for future generations. This balanced, long-term approach is part of our business strategy and how we build value for our investors. Our commitment is reinforced by clear management expectations and policies that apply companywide and by which we regularly measure our progress.”

http://www.duke-energy.com/environment/environment.asp

Environmental Efforts/Products

  • Reduce, avoid and/or sequester at least 10 million tons of CO2 equivalents between 2007 and 2014.
  • The company is committed to exploring the potential of renewable energy to meet rising demand by adding wind, solar, and biomass initiatives to their hydroelectric capacity.
  • Duke Energy offers a variety of energy efficiency and conservation programs to its customers in the Carolinas and Midwest. These programs help Duke Energy manage customer demand in an efficient, cost effective manner. The programs also help customers save money on their energy bills by making their homes and businesses more energy efficient.
  • New Coal Generation: More than half of the power produced in the United States is generated using coal. Duke Energy is pursing two types of cleaner coal plants to more efficiently and cleanly meet customers’ growing energy demand.
  • Energy Efficiency & Conservation Initiatives: Duke Energy offers a variety of energy efficiency and conservation programs to help manage customer demand in an efficient, cost effective manner. The programs also help customers save money by making their homes and businesses more energy efficient.
  • Plug-in Hybrid Electric Vehicles: Duke Energy believes the Plug-in Hybrid Electric Vehicle (PHEV) can save customers money on transportation costs, reduce our national dependence on imported oil and reduce emissions. We are already using hybrid vehicles as part of our service fleet.
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