Duke Energy
The power industry should encourage increased collaboration and transparency to address the many challenges posed by major new loads, presenters said during NARUC's 2024 Annual Meeting.
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
The Southeast’s traditionally risk-averse vertically integrated utilities are now embracing the clean energy transition, driven by economic development in the form of new industry and data centers.
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts.
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.
A group of utilities have filed for rehearing of a show cause order FERC issued in June that could change the practice of who pays for interconnection lines at four ISO/RTOs.
FERC requested stakeholder arguments on whether SEEM should be considered a loose power pool under Order 888.
North Carolina residents called upon the Utilities Commission to address Duke Energy’s preferred carbon plan, criticizing its slow pace of coal plant retirements and increase in gas plants compared to other options.
A DOE report on resource adequacy says firms investing in natural gas capacity could be retrofitted with carbon capture and storage, or the ability to burn clean hydrogen.
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