November 2, 2024

North Carolina

Dominion Energy
Dominion Releases ‘All of the Above’ Integrated Resource Plan for 2024
Dominion Energy’s 2024 Integrated Resource Plan calls for major expansions of offshore wind, solar power and natural gas to meet surging demand in its territory. 
Energy United
Helene Repair Efforts Could Last Weeks for Hardest Hit, Remote Areas
While most customers have seen their power restored since Hurricane Helene hit, some of the hardest hit and most remote customers could wait weeks to get their lights back.
Duke Energy
Duke Energy Executives Discuss Demand Growth on Q2 Earnings Call
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts. 
Duke Energy
4th Circuit Remands Duke Energy Market Power Lawsuit Filed by NTE
A lower court found Duke was just competing for business, but the appeals panel of three judges has open questions on whether market power was abused.
Duke Energy
FERC Nixes Duke Transmission Planning Proposal over Cost Threshold
FERC rejected a proposal Duke Energy filed to update its transmission planning process in the Carolinas due to a cost threshold in the proposal, saying other aspects of the filing seemed just and reasonable.
Duke Energy
Duke Earnings Slip on Low Demand, but Long-term Growth Expected
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.
Duke Energy
Duke Files Settlement with Munis at FERC on Battery Dispute
Duke Energy Progress and North Carolina Eastern Municipal Power Agency filed a settlement with FERC regarding the latter using batteries to shave its peak demand.
Shutterstock
NCUC Approves Duke’s Performance-based Rates
The North Carolina Utilities Commission approved Duke Energy Progress’ latest rate case, which includes “performance-based regulation” meant to help achieve the state’s environmental policies.
Duke Energy
Duke Energy Quarterly Call Focuses on Long-term ‘Organic’ Growth Plans
Duke Energy saw earnings slip on mild weather and focused on its organic growth plans as a fully regulated firm engaged in the energy transition.
Orchidus, CC BY-SA 4.0 , via Wikimedia Commons
North Carolina Businesses Endorse Market Reform Studies
North Carolina businesses called for a study of wholesale market competition, including a possible RTO, citing a lack of “cost-competitive, clean energy.”

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