Duke Energy Florida LLC

May 9 (Reuters) - A look at the day ahead in U.S. and global markets from Mike Dolan. Nothing is decided yet - on any front. With world markets still at an impasse on the extent of the economic slowdown and chance of recession, the U.S. debt ceiling impasse remains unresolved - and Tuesday's showdown at the White House is one of the few opportunities left to resolve it . President Joe Biden and top Republicans and Democrats from Congress meet on Tuesday to move forward a three-month standoff over the $31.4 trillion U.S. debt ceiling before government runs out of money on June 1, risking a crippling default. Biden meets Republican House of Representatives Speaker Kevin McCarthy for the first time since February. The Bipartisan Policy Center, a think tank that specializes in budget issues, largely chimed with Treasury's assessment of the time left before government is forced to default and on Tuesday put the crunch dates between early June and early August if the debt limit is not raised. World markets wary of technical default and related hits to confidence and government spending remain biased toward an eventual resolution - as has typically happened in past episodes. But risk premiums are building and time is running out. There are only six days this month when the House and the Senate are in session when Biden is in Washington. As one measure of that, one-month Treasury bill yields that mature just after the June 1 deadline are yielding 5.6% - some 35 basis points more than the upper end of the Fed's target policy rate and 55bp above the "risk free" one-month overnight index swaps rate. Longer-term Treasury yields remain under wraps, however, with 2-year yields hovering just under 4%. And the dollar was firmer on Tuesday - comfortably above the year's lows. Beyond the debt ceiling row, the picture of the wider economy remains equivocal. The U.S. labor market remained strong through April, according to the latest payrolls report on Friday. While the rumbling banking stress since March amid the final throes of the Fed's swingeing rate rise campaign are seeing a tightening of credit standards and falling demand for loans, the overall readout from the Fed's quarterly loan officer survey on Monday showed the impact was less than many had feared. In its semi-annual report on financial stability , the Fed insisted that bank failures seen over the past two months were "outliers" and the overall sector was more resilient. Another key take on confidence from the banking disturbance comes later on Tuesday from the April NFIB small business survey. Critical to whether the financial disturbance goes up another notch, of course, is whether the Fed is indeed finished raising interest rates and Wednesday's consumer price inflation report will be yet another huge data input to that thinking. The picture overseas added another twist on Tuesday, however, with China registering an unexpectedly large fall in imports during the month - questioning the strength of domestic demand in the world's second largest economy after it reopened from strict COVID-related lockdowns earlier this year. The first quarter earnings season is finally winding down, meantime, and estimates show the expected contraction of overall S&P500 earnings could be a low as 0.7% - compared to forecasts of a 5%-plus drop before the reporting period began. After a quiet session on Monday, S&P500 futures are down slightly ahead of today's open, with European bourses mildly in the red too. The VIX index (.VIX) of implied U.S. stock volatility remains subdued at just 17.6. Events to watch for on Tuesday: * U.S. April NFIB small business survey * U.S. President Joe Biden meets Republican House of Representatives Speaker Kevin McCarthy, Senate Majority Leader Chuck Schumer and top Senate Republican Mitch McConnell on debt ceiling impasse * U.S. Federal Reserve Board Governor Philip Jefferson and New York Fed President John Williams speak. European Central Bank board member Isabel Schnabel speaks * U.S. Treasury auctions 3-year notes * U.S. corp earnings: Airbnb, Rivian, Wynn resorts, Duke Energy, Fox, Western Digital, Axon, Waters, Occidental Petroleum, Jacobs Solutions, Henry Schein, Electronic Arts, Celanese, TransDignCatalent, Akamai, Air Products and Chemicals Our Standards: The Thomson Reuters Trust Principles.

CPR & first-aid kits, funded through a recent Duke Energy Foundation grant, will help train students and teachers on lifesaving skills (American Heart Association issued the following news release.) TAMPA BAY, Fla., Aug. 22, 2022 /PRNewswire/ -- Every year, 350,000 people die from cardiac arrest in the United States. Less than half of bystanders intervene to give lifesaving CPR. Thanks to a collaboration with the American Heart Association and the Duke Energy Foundation, thousands of new lifesavers in Pasco and Citrus County schools will soon be ready to respond with CPR & first-aid kits if they are needed. Just in time for students and staff heading back to school, the American Heart Association, with help from a $50,000 grant from the Duke Energy Foundation, will assist schools within Duke Energy Florida's service area in providing required CPR training to ninth- and 11th-grade students, as well as recommend basic training in first aid and CPR for all students every two years starting in sixth grade. "We know that 70% of cardiac arrest events that happen outside of the hospital happen at home," said Amanda Palumbo, executive director of the American Heart Association Tampa Bay. "Hands-only CPR can double or even triple a person's chance of survival. By teaching students this lifesaving skill, we're making this community safer for everyone." The American Heart Association and Duke Energy Foundation want students, teachers and staff to know how to help in an emergency. Schools received easy-to-use CPR & first-aid kits with lesson plans, training DVDs and AED training simulators that will help teach the lifesaving skills of CPR, how to use an AED and how to help during sports related emergencies. The Duke Energy Foundation's support will also ensure that the American Heart Association can provide dedicated in-person trainings in Pasco and Citrus counties, and can support countywide refinement of cardiac emergency response plans to reduce death from cardiac arrest in school settings. "Safety is at the forefront of everything we do at Duke Energy," said Melissa Seixas, Duke Energy Florida state president. "We are proud to work alongside the American Heart Association to provide additional CPR kits to middle and high schools throughout our service areas. Together, we are equipping teachers, students and staff with the skills and means to save lives and keep our communities safe." Schools slated to received CPR kits from the Duke Energy Foundation grant during the 2022-2023 school year include: Anclote High School, F.K. Marchman Technical, Gulf High School, J.W. Mitchell High School, Sunlake High School, Zephyrhills High School, Wendell Krinn Technical High School, Paul R. Smith Middle School, Chasco Middle School, Bayonet Point Middle School, Gulf Middle School, Seven Springs Middle School, Charles S. Rushe Middle School, R.B. Stewart Middle School, Centennial Middle School, Starkey Ranch K-8 School, Citrus High School, Crystal River High School and Lecanto High School. About the American Heart Association The American Heart Association is a relentless force for a world of longer, healthier lives. We are dedicated to ensuring equitable health in all communities. Through collaboration with numerous organizations, and powered by millions of volunteers, we fund innovative research, advocate for the public's health and share lifesaving resources. The Dallas-based organization has been a leading source of health information for nearly a century. Connect with us on heart.org, Facebook, Twitter or by calling 800.AHA.USA1. About the Duke Energy Foundation The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders. Duke Energy media contact: Audrey Stasko Cell: 315.877.3031 Media line: 800.559.3853 Twitter: @DE_AudreyS American Heart Association media contact: Johnny Johnson Phone: 727.563.8074 Email: [email protected] For public inquiries: 800.AHA.USA1 (242.8721) SOURCE Duke Energy

HONOLULU, July 27, 2021 (GLOBE NEWSWIRE) -- The Electric Power Research Institute's (EPRI) Incubatenergy Labs program announced that Shifted Energy was selected as one of 20 startup companies that will conduct accelerated demonstrations of their technologies with utilities and EPRI as part of Incubatenergy Labs’ 2021 Cohort. The company will collaborate with Arizona utility Tucson Electric Power (TEP) to install intelligent load control switches on residential water heaters, leveraging machine learning to provide the utility with better load forecasting and load shaping. Shifted Energy was chosen from among more than 250 international startups by a panel of global utility and EPRI subject matter experts. The selected startups are spending 16 weeks working with electric power utilities and EPRI on demonstration technology projects intended to accelerate decarbonization, electrification, grid modernization, and other electric power industry innovation imperatives. The 2021 Cohort runs from June to October, with results presented during interactive Incubatenergy Labs Demo Days Oct. 19-20, 2021. “This program advances our ongoing effort to provide our customers with tools to make smart energy choices,” said Ted Burhans, Director of Emerging Technologies and Innovation at Tucson Electric Power. “By making slight adjustments to shift their usage away from peak times, they can save money and make the most of our renewable energy resources, while helping us keep our service reliable and affordable.” “Collaborating on the rapid assessment and deployment of innovations across power generation, delivery, and end use is essential to achieving deep decarbonization by 2035,” said Incubatenergy Lead Erik Steeb. “Incubatenergy Labs brings startups like Shifted Energy and utilities together to crowdsource the demonstration of these innovations and speed the commercialization of promising technologies.” “We’re thrilled to be selected as one of the companies to participate in this year’s Incubatenergy Labs program,” said Shifted Energy CEO Forest Frizzell. “EPRI’s initiative is a great way for energy tech companies to demonstrate their latest innovations, and we look forward to showcasing our partnership with Tucson Electric Power.” Host utilities for this year’s Cohort include: Ameren and TVA, along with participating utilities Con Edison, Duke Energy, Enel, FirstEnergy, Fortis (Newfoundland Power, FortisBC, Central Hudson), Green Mountain Power, New York Power Authority, Pacific Gas and Electric Company (PG&E), Portland General Electric, Southern California Edison, Salt River Project (SRP), Tucson Electric Power, Vermont Electric Coop, Vermont Electric Power Company (VELCO), and Xcel Energy. Follow Shifted Energy on LinkedIn, Twitter, and Facebook. For more information about Shifted Energy’s intelligent water tank controllers powered by machine learning, visit . About Shifted EnergyShifted Energy accelerates the integration of renewable energy by developing and deploying software and controllers that retrofit electric water heaters into fleets of thermal energy storage assets. Using its industry-leading virtual power plant software, Shifted Energy aggregates these assets to help stabilize the grid, absorb excess renewable energy, and decrease peak demand at a fraction of the cost of batteries, helping to engage hard-to-reach customers, such as renters and multi-family apartment dwellers, in the renewable energy transformation. For more information, visit . Contact:Eugene HuntTrevi Communications for Shifted EnergyEmail: gene@trevicomm.comPhone: +1 (978) 750-0333 x.101