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Duke Energy Corp.

Personnel note: Harry Sideris is Duke Energy Florida’s next president

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Duke Energy Florida is getting a new president —Harry Sideris, whose promotion takes effect on Jan. 1. Sideris has served as senior vice president for environmental, health, and safety since 2014. He will work from the company’s Florida headquarters in St. Petersburg. He succeeds Alex Glenn, who will become senior vice president for state and federal regulatory legal support in corporate headquarters in Charlotte, N.C. “Harry’s decades of diverse industry experience have prepared him well for this important role,” said…

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PSC approves one-year halt to hedging of natural gas prices by utilities

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The Florida Public Service Commission signed off Wednesday on a moratorium on hedging of natural gas purchases by Florida’s major public electric utilities, pending negotiations over how the practice could stop costing ratepayers so much. The stipulated agreement calls for the commission to oversee one or more workshops beginning early next year in which the power companies, major customers, and the Office of Public Counsel will seek a more cost-effective way to insure against rising gas prices. “Hedging needs to…

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