• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipRetirement

How Duke Energy Is Passing the Torch to Young Employees

By
May 12, 2016, 9:00 AM ET
Duke Energy
Duke Energy employees inside the control room at the Catawba Nuclear Station in York County, South Carolina, SC.Courtesy of Duke Energy

A couple of years ago, Lee Causey, at age 29 already a senior engineer in Duke Energy’s nuclear group, co-invented a game with teammate Brad Black called “Megawatt Fever.” Loosely based on Monopoly — there’s even funny money and a banker — it’s played on a board showing a map of the United States, dotted with symbols representing real-life locations of nuclear, wind, solar, and gas facilities. Each of the game’s eight players is a CEO who decides how to run his or her own utility, including complex calculations like “which types of fuel to use at which plants, depending on taxes, costs, and other factors, whether to accept or reject federal subsidies, and whether to use fracking,” Causey explains. After 45 minutes (or “at the banker’s discretion,” the rules say), the winner is the player whose company has the highest net worth.

It’s fun, but the game has a serious purpose: Giving Millennials an overview of how the electric-power industry works. Lots of employers are trying to figure out how to make sure the 10,000 Baby Boomers who turn 65 every day don’t take crucial company knowledge out the door with them when they retire. That’s a particular worry at Duke Energy’s (DUK) Charlotte-based nuclear group, which operates six plants providing power to five states. Says Melissa Moran, the division’s head of strategic workforce planning, “Last year, we looked at our demographics and realized that 46% of our current employees would be eligible to retire within five years.”

So Duke launched an all-out effort to help older workers pass along what’s in their heads to their young colleagues. First, Moran asked plant managers to identify the specific expertise of each of their team members nearing retirement, and come up with a plan for making a lasting record of each individual’s know-how, including having workers “make a video of themselves doing certain tasks that new hires can watch later,” says Moran. Most longtime employees are paired with newcomers as mentors, with the mentees encouraged to “ask lots of questions, like why we do it this way, and what if this or that happens,” she adds. The hardest details to pin down are often what Moran calls the “nuances and quirks,” those tricks of the trade that experienced workers know about, but which they might not think to mention. Managers at Duke are trying to capture those insights, most of which haven’t been written down anywhere until now, and add them to technical manuals at each plant.

To find out if all this is working, Duke has gathered focus groups of Millennial employees and asked them to rank each of 16 different activities — including formal training, going to industry conferences, and “lunch-and-learn” sessions with in-house experts — in order of effectiveness. Mentoring and job shadowing came out on top. Least useful: A learning method Duke calls “directly tasked with assignments without formal training,” or, as Lee Causey calls it, “being thrown into the fire.”

Duke is getting ready to share its knowledge-transfer experience with every other power company in the U.S., through collaborative software the company is developing in partnership with a national nonprofit group called NAYGN, for North American Young Generation in Nuclear.

Amanda Lang, 26, an engineer in nuclear fuels design, recalls playing “Megawatt Fever” at a NAYGN conference soon after joining Duke two years ago. Although Lang has concentrated mostly on gleaning technical knowledge from soon-to-retire coworkers, she says the board game expanded her understanding of the power business. Noting that the game requires players to compare carbon taxes on different types of fuel, “I realized that those taxes are an accurate reflection of how much carbon each type actually generates,” she says. “It got me thinking about the politics involved, and the future of the industry.”


Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Young dejected worker on phone
SuccessGen Z
USAA CEO says Gen Z ‘are not going to be as well off’ as boomers and Gen Xers—they need to take ownership of their success, he urges
By Emma BurleighMarch 1, 2026
2 hours ago
heitmann
CommentaryEntrepreneurship
Here’s how to build something that lasts, from the founder of a $300 million bootstrapped company that’s been growing for 28 years straight
By Tim HeitmannMarch 1, 2026
3 hours ago
An older man wears an American flag.
EconomyRecession
Your grandparents are the reason the U.S. isn’t in a recession right now. That won’t last forever
By Eleanor PringleMarch 1, 2026
3 hours ago
trump
LawTariffs
‘Why shouldn’t we get our money back too?’ Normal people are starting to demand Trump tariff refunds
By Mae Anderson and The Associated PressFebruary 28, 2026
20 hours ago
david ellison
Arts & EntertainmentHollywood
20 years ago, David Ellison’s flop as an actor stressed him out so much he went to the hospital. Now he’s set to own Paramount and Warner
By Matt Sedensky and The Associated PressFebruary 28, 2026
21 hours ago
warren
InvestingBerkshire Hathaway
Berkshire Hathaway shareholders just woke up to a letter by someone other than Warren Buffett
By Josh Funk and The Associated PressFebruary 28, 2026
21 hours ago

Most Popular

placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
2 days ago
placeholder alt text
AI
The week the AI scare turned real and America realized maybe it isn't ready for what's coming
By Nick LichtenbergFebruary 28, 2026
1 day ago
placeholder alt text
Middle East
Iran is now on 'death ground' amid existential threat from U.S. attacks and could 'go big' in retaliation, former NATO commander warns
By Jason MaFebruary 28, 2026
20 hours ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of gold as of February 27, 2026
By Danny BakstFebruary 27, 2026
2 days ago
placeholder alt text
Middle East
Dubai’s worst nightmare unfolds as Iran strikes Gulf neighbors
By Dana Khraiche, Fiona MacDonald and BloombergFebruary 28, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.