Comverge Surpasses Half a Billion Dollars in Future Contracted Revenues
Comverge Inc., a leading provider of smart grid, demand management, and energy efficiency solutions, announced today that its future contracted revenues have surpassed $500 million, a significant milestone recently achieved with the signing of contracts with Progress Energy Carolinas and Pepco Holdings, Inc. Comverge expects over $350 million, or 70%,...
Comverge Announces Multi-Year Demand Management Program with Progress Energy Carolinas
Comverge, Inc. announced that it has entered into an agreement with Progress Energy Carolinas (PEC) to provide demand response hardware, software, software hosting services and project support in connection with PEC’s new EnergyWise(TM) residential demand response and energy efficiency program. The exclusive agreement has an initial term of five...
Madison County Wind for Schools Project Brings Alternative Energy Education to Western N.C.
Winds blowing through the mountains of North Carolina will move more than leaves next year when the first rural wind power education program east of the Mississippi River is established in Madison County. A regional partnership will install small wind turbines at three schools in Madison County and develop a K-12 alternative-energy curriculum as part...
Duke Energy Signs Used Fuel Contract for Proposed Lee Nuclear Station
Duke Energy has signed a contract with the U.S. Department of Energy (DOE) for the disposal of used nuclear fuel generated at its proposed William States Lee III Nuclear Station. The contract provides for the DOE’s acceptance and permanent disposal of all fuel from the station. For this service, the company will pay a $1 per megawatt-hour fee...
Progress Energy Carolinas Again Seeking Renewable Energy Projects
Progress Energy Carolinas is again seeking proposals for potential renewable energy projects and alternative energy providers, as part of the company’s balanced strategy for meeting the growing energy needs of 1.4 million households and businesses in the Carolinas. The company issued an open-ended request for renewable proposals in November 2007,...
Duke Energy Ohio Reaches Agreement on Electric Security Plan
Duke Energy Ohio announced today that a settlement agreement has been reached with most intervening parties, the Staff of the Public Utilities Commission of Ohio (PUCO) and the Ohio Consumers’ Counsel on its electric security plan under Ohio’s new energy law. The agreement, which establishes generation rates for 2009 through 2011, must be...
Duke Energy Finalizes Catamount Energy Acquisition
Duke Energy has finalized its acquisition of Catamount Energy Corporation, announced on June 26, 2008. “The Catamount purchase further positions Duke Energy with additional expertise, resources and a proven track record to continue our growth in the wind business,” said Wouter van Kempen, president of Duke Energy Generation Services (DEGS),...
Progress Energy Sending Crews, Contractors to Assist in Ike Restoration
Progress Energy is sending more than 800 company and contract workers from the Carolinas and Florida to Texas to assist utilities there with expected damage and power outages from Hurricane Ike. The company’s deployment of 385 employees and 437 contract personnel is larger than deployments made in support of utilities in Louisiana and Texas after...
Progress Energy Receives National Economic Development Award
Site Selection magazine has named Progress Energy one of North America’s Top Utilities for Economic Development for the sixth time in the last seven years. The magazine’s September 2008 issue selected Progress Energy as one of 10 winning utilities based on its success in helping to generate 7,405 new jobs and more than $766 million in capital...
Progress Energy Responding to Outages from Hanna
A strong Tropical Storm Hanna came ashore at 3:20 a.m., bringing high winds and heavy rains to much of Progress Energy Carolinas’ service area, and the company has deployed hundreds of company and contract workers to restore service as quickly and safely as possible. As of 8 a.m., about 55,000 customers were without power. Most of those customers...
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Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power...
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