Duke submits loan guarantee application for new nuclear units


CHARLOTTE, NORTH CAROLINA Duke Energy has submitted the first part of an application for a federal energy loan guarantee to the U.S. Department of Energy (DOE) for its proposed William States Lee III Nuclear Station. This is another step in the process of keeping the new nuclear option available for customers.

"Filing this application with the DOE can lead to long-term benefits for our customers," said Duke Energy CEO Jim Rogers. "Loan guarantees allow utilities to lower capital costs for new nuclear construction, which ultimately leads to lower electricity prices for consumers."

The federal government has decades of experience managing loan guarantee programs, which provide financing for support of critical U.S. infrastructure. The loan guarantee program supporting clean energy was established as part of the Energy Policy Act of 2005. The program will follow defined procedures and practices that include rigorous reviews of all applications.

Duke Energy, one of the largest electric power companies in the United States, supplies and delivers electricity to approximately 4 million U.S. customers in its regulated jurisdictions. The company has approximately 35,000 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.

PR Newswire

Electricity News
Product Info Centres
Electrical Transformers
Electrical Test Equipment
Electrical Safety/Arc Flash
Electrical Safety Forum
Arc Flash Clothing
Renewable Energy
Alternative Energy
Other Options

Subscription

 
Training Courses

Electrical Safety For Qualified Electrical Workers

  • May 5, 2016 - Richmond, BC
  • May 16, 2016 - Edmonton, AB
  • May 18, 2016 - Calgary, AB
  • May 26, 2016 - Mississauga, ON
  • June 20, 2016 - St. Johns, NL
  • June 23, 2016 - Halifax, NS

2-Day Basic and Advanced Electrical Safety Training Workshop

  • May 5-6, 2016 - Richmond, BC
  • May 16-17, 2016 - Edmonton, AB
  • May 18-19, 2016 - Calgary, AB
  • May 26-27, 2016 - Mississauga, ON
  • June 20-21, 2016 - St. Johns, NL
  • June 23-24, 2016 - Halifax, NS

Advanced Electrical Safety Training Workshop

  • May 6, 2016 - Richmond, BC
  • May 17, 2016 - Edmonton, AB
  • May 19, 2016 - Calgary, AB
  • May 27, 2016 - Mississauga, ON
  • June 21, 2016 - St. Johns, NL
  • June 24, 2016 - Halifax, NS

Canadian Fire Alarm and Life Safety Systems - Design, Installation And Testing

  • May 30-31, 2016 - Richmond, BC
  • June 1-2, 2016 - Edmonton, AB
  • June 16-17, 2016 - Winnipeg, MB
  • June 20-21, 2016 - Mississauga, ON

2015 Electrical Code Update Training

  • May 10-11, 2016 - Calgary, AB
  • May 12-13, 2016 - Saskatoon, SK
  • May 30-31, 2016 - Winnipeg, MB
  • June 1-2, 2016 - Mississauga, ON
  • June 13-14, 2016 - Edmonton, AB
  • June 15-16, 2016 - Richmond, BC
  • June 27-28, 2016 - Halifax, NS
  • June 29-30, 2016 - St. John's, NL

Emergency Generators/UPS/ Battery Technologies

  • September 8-9, 2016 - Mississauga, ON
  • September 12-13, 2016 - Winnipeg, MB
  • September 14-15, 2016 - Saskatoon, SK
  • September 19-20, 2016 - Edmonton, AB
  • September 21-22, 2016 - Richmond, BC

MV-HV Industrial Electrical Maintenance/Safety Practices

  • October 17-18, 2016 - Mississauga, ON
  • October 19-20, 2016 - Winnipeg, MB
  • October 24-25, 2016 - Saskatoon, SK
  • October 26-27, 2016 - Edmonton, AB
  • November 3-4, 2016 - Richmond, BC

Electrical Grounding For Industrial Power Systems

  • November 1-2, 2016 - Richmond, BC
  • November 3-4, 2016 - Edmonton, AB
  • November 7-8, 2016 - Saskatoon, SK
  • November 9-10, 2016 - Winnipeg, MB
  • November 14-15, 2016 - Mississauga, ON

Power Transformer Testing and Maintenance

  • November 21-22, 2016 - Mississauga, ON
  • November 23-24, 2016 - Winnipeg, MB
  • November 28-29, 2016 - Edmonton, AB
  • December 12-13, 2016 - Richmond, BC
 
Affiliates
 
Featured Product

Glass Syringes for Dissolved Gas Analysis Testing

Tomopal, Inc.
1.0 ml - 1000.0 ml capacity glass syringes are made from heat-resistant borosilicate glass, resistant to breakage from shock and sudden temperature changes....
... more
 
Advertisement
 
Latest Buyer's Guide Companies
Sign Up Today and Receive Our FREE E- Newsletter

E-newsletter service - Exciting industry trends, technical developments, product information, forums and electrical training courses.