Duke Energy
The North Carolina Utilities Commission approved Duke Energy's first carbon plan to comply with state law calling for carbon neutrality by 2050.
FERC and NERC will conduct yet another inquiry into cold weather grid failures after Duke and TVA cut power to consumers during December's winter storm.
FERC rescinded RTO participation incentives for two AEP affiliates on the grounds that Ohio law compels transmission owners to participate in an RTO.
Reacting to an attack on two substations, FERC ordered NERC to review the effectiveness of its physical security standards and recommend needed improvements.
Duke Energy has restored power to 45,000 customers in Moore County, N.C., where two substations were damaged by unknown attackers with rifles last weekend.
More than 33,000 customers remain without power in Moore County, N.C., following apparent attacks on two of Duke Energy’s substations over the weekend.
Duke Energy sees the U.S. clean energy transition as providing growth and profit drivers for its regulated utility business.
Duke Energy estimated the cost of its clean energy transition plans at $145 billion over the next decade, $10 billion more than its previous 10-year plan.
Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.
None of the major utilities in the Southeastern U.S. are on track to decarbonized by midcentury or even by 2070, SACE indicated in a recent report.
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