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HomeDuke Energy

Duke Energy

Renewables
Electrical Generation / Utilities

Duke Energy Sells Commercial Renewables for $2.8 Billion

June 16, 2023 Clark Savage

North Carolina-based energy holding company, Duke Energy has reached an agreement to sell its unregulated utility-scale commercial renewables business to Brookfield Renewable, owners and operators of renewable power and climate transition assets, at an enterprise value of approximately […]

Energy
Electrical Generation / Utilities

Duke Energy to start construction of floating solar pilot in Florida

March 20, 2023 Clark Savage

Duke Energy Corp (DUK.N) said on Thursday that its Florida unit would start construction of about 1 megawatt floating solar array pilot later this month in Polk County. The pilot will feature more than 1,800 floating […]

Duke
Electrical Generation / Utilities

Duke Energy Begins Construction on Two New Solar Sites in North Florida

March 20, 2023 Clark Savage

Solar projects in Bay and Madison counties add to the company’s growing renewable generation portfolio At peak output, each site will generate enough carbon-free electricity to power nearly 23,000 homes ST. PETERSBURG, Fla., March 17, 2023 […]

Energy Crisis

Renewable energy investors squeezed by higher interest rates, costs

March 12, 2023 Clark Savage

NEW YORK/HOUSTON, (Reuters) – Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of socially conscious investing: do good while doing well. But sharply higher […]

Climate Crisis

With Duke Energy solar rebates expired, N.C. nonprofits look for new ways to bridge the gap

February 20, 2023 Clark Savage

​ A rush of applications in the final months of a Duke Energy solar rebate program reflects an ongoing need to help North Carolina nonprofits share the benefits of clean energy, advocates say. Duke Energy […]

Duke
Coal

Report: Duke Energy’s N.C. coal plants more expensive to run than building new solar farms

January 30, 2023 Clark Savage

​Duke Energy spends twice as much money fueling and upkeeping its six North Carolina coal plants — costs passed on to ratepayers — than if it replaced them with brand new solar farms, a report […]

Energy
Electrical Generation / Utilities

Critics say Duke Energy needs to move faster on solar to hit 2030 climate target

January 20, 2023 Clark Savage

​Clean energy advocates say a plan approved by North Carolina utility regulators last month raises serious doubts about Duke Energy’s ability to achieve the first major milestone under the state’s 2021 climate law. Under the […]

Commentary
Energy Crisis

Commentary: Blame for southeast rolling blackouts rests on shoulders of utility, fossil failures

January 12, 2023 Clark Savage

​ The following commentary was written by John Szoka. Szoka served 10 years in the North Carolina House of Representatives (2013-2022), chaired the House Energy and Public Utilities Committee, and co-chaired the Joint Energy Policy […]

Duke
Electrical Generation / Utilities

How big a role will wind power play in Duke Energy’s Carbon Plan for North Carolina?

December 27, 2022 Clark Savage

​ By year’s end, North Carolina regulators will issue their plan for how Duke Energy should zero out its carbon emissions, shaping the profile of the Charlotte-based utility’s electricity generation over the next three decades. […]

Electrical Generation / Utilities

When it comes to energy efficiency, Duke Energy is ‘average.’ Will N.C. regulators demand more?

December 17, 2022 Clark Savage

Before the year is up, North Carolina regulators will issue their blueprint for how Duke Energy should zero out its carbon emissions by 2050, a requirement of a bipartisan state law that passed last fall. […]

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