Duke Energy entered a pair of settlements in North and South Carolina on its proposal to combine Duke Energy Carolinas and Duke Energy Progress, which needs approval from both states’ regulators.

FERC approved Duke's proposal to combine its two subsidiaries in the Carolinas, which have been in place since its merger with Progress Energy closed in 2012.

The Supreme Court should reject an appeal from Duke Energy of an antitrust case it lost in lower courts, the Office of the Solicitor General said.

U.S. electricity outage hours reached their highest levels in a decade in 2024 due to the impact of Hurricanes Beryl, Helene and Milton, the EIA reported.

Duke Energy filed its long-range plan with the North Carolina Utilities Commission, calling for more natural gas-fired generation and batteries while keeping existing coal plants online to meet accelerated demand for electricity.

Duke Energy has asked state and federal regulators to combine its two electric utilities that serve the Carolinas in a move it said would result in billions of dollars of customer savings.

Duke Energy reported earnings of $1.25/share for the second quarter, and its CEO told analysts the company also came out ahead with state and federal legislation.

Duke Energy described plans to invest up to $200 billion in the next decade to meet demand growth across its multiple utilities during an earnings call for the first quarter of 2025.

Duke Energy is considering nuclear for its long-term plans, but it may take decades before the resource is being installed at scales similar to gas plants, solar or wind today.