DUKE ENERGY: Awaits Ruling on Bid to Junk Global Warming Suit

Duke Energy Corporation is awaiting the ruling on a motion to dismiss a lawsuit, asserting global warming caused by greenhouse gas emissions, filed on Feb. 26, 2008 in the U.S. District Court for the Northern District of California by the…

DUKE ENERGY CAROLINAS: Bid to Junk Cliffside Unit 6 Suit Pending

Duke Energy Carolinas, LLC, is awaiting ruling on its motion to dismiss a lawsuit filed by various citizen groups for alleged violations of the Clean Air Act related to the construction of Cliffside Unit 6 at Cliffside Steam Station in…

PEPCO HOLDINGS: Dist. Court to Enter Consent Decree on N.C. Site

The U.S. District Court for the Eastern District of North Carolina has yet to enter a consent decree regarding the settlement of Pepco Holdings, Inc.’s subsidiaries over liabilities at the Carolina Transformer site in Fayetteville, N.C.

In August 2006, the Environmental…

PROGRESS ENERGY: PEC Records $9M Liability for Raleigh, NC Site

Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas Inc., at June 30, 2008, recorded a liability of US$9 million for the Ward Transformer site in Raleigh, N.C., compared with about US$6 million at Dec. 31, 2007.

During the fourth quarter of 2004,…

PROGRESS ENERGY: PEC Accrued $5M for Envtl. Liabilities in 2Q08

Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas Inc. (PEC), for the three months ended June 30, 2008, accrued about US$5 million for environmental matters at its sites, compared with about US$1 million for the same period in 2007.

These sites include…

PROGRESS ENERGY: Awaiting Appeals Court Ruling on N.C. Petition

Progress Energy, Inc. continues to await the U.S. Court of Appeals for the District of Columbia Circuit’s decision on a petition filed by the North Carolina Attorney General on June 26, 2006, related to Clean Air Act implementation in 13…

PROGRESS ENERGY: Mineral Oil Contamination Probe in Fla. Ongoing

Progress Energy, Inc.’s subsidiary, Progress Energy Florida Inc. (PEF), is still reviewing its distribution transformer sites and substation sites in Florida for mineral oil-impacted soil remediation caused by equipment integrity issues. PEF currently expects to have completed this review by…

PROGRESS ENERGY: Accrues $63M for Envtl. Remediation at June 30

Progress Energy, Inc., at June 30, 2008, recorded US$63 million in total accruals for environmental remediation, compared with US$64 million at Dec. 31, 2007.

Of the US$63 million accrued at June 30, 2008, US$18 million relates to subsidiary Progress Energy…

PROGRESS ENERGY: D.C. Court of Appeals Vacated CAIR in July 11

The U.S. Court of Appeals for the District of Columbia (D.C. Court of Appeals), on July 11, 2008, has vacated the Environmental Protection Agency’s implementation of the Clean Air Interstate Rule in its entirety, Progress Energy, Inc. reports in its…

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