- Duke Energy's (NYSE:DUK) North Carolina President Paul Newton tells an environmental commission that plans outlined by the utility to address coal ash in the state are estimated to cost $2B-$2.5B.
- Newton says DUK's plans include excavating and relocating ash from company sites to a lined landfill, and converting three remaining coal units to dry-fly ash systems; costs would increase significantly, however, if DUK were to excavate and remove all ash from coal sites.
- DUK says it is taking "full responsibility" for the February incident in which as much as 39K tons of coal ash were spilled into the Dan River.