Duke Energy Executive Preston Gillespie Retires
Duke Energy announced executive vice president, chief generation officer and enterprise operational excellence, Preston Gillespie's decision to retire after 40 years of dedicated service to the company. To support a smooth transition, Preston will remain on board through March 1, 2027, and beginning March 1, 2026, will have responsibility for guiding the company's critical decision about new nuclear. Kelvin Henderson will be appointed senior vice president, chief generation officer and enterprise operational excellence and will join the company's senior management committee, reporting to Sideris. Henderson currently serves as senior vice president and chief nuclear officer. Steven Capps will assume the role of senior vice president and chief nuclear officer, reporting to Henderson. Capps is currently senior vice president, new nuclear development and operations support.
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Prolonged Cold Weather Increases Energy Use in the Carolinas
- Cold Weather Impact: The Carolinas are experiencing unusually cold weather with temperatures 10 to 20 degrees Fahrenheit below normal, leading to a significant increase in home energy use and higher electricity bills.
- Heating System Strain: The prolonged low temperatures require heating systems to run longer, which is the primary driver of increased energy consumption, resulting in higher costs for customers.
- Energy Saving Tips: Duke Energy is sharing practical energy-saving measures and flexible payment options to help customers manage their energy costs during this cold stretch, alleviating financial pressure.
- Company Overview: Duke Energy, one of America's largest energy holding companies, serves 8.6 million customers and owns 55,100 megawatts of energy capacity, actively investing in major grid upgrades and a transition to cleaner energy sources.
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Industry's Funding Requests: Nuclear industry officials are advocating for more taxpayer investment to support the building of new reactors.
