North Carolina Utilities Commission (NC UC)
Duke Energy reported that it met earnings expectations for 2022 and highlighted its near-term spending plans on an analyst call.
The North Carolina Utilities Commission approved Duke Energy's first carbon plan to comply with state law calling for carbon neutrality by 2050.
Duke Energy sees the U.S. clean energy transition as providing growth and profit drivers for its regulated utility business.
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.
State regulators say minimum requirements on interregional transfer capacity could produce cross border transmission where Order 1000 failed.
Solar installers in North Carolina agreed to a phased reduction in net metering rates under a compromise with Duke Energy that is now before state regulators.
Murr Rhame, CC BY-SA 3.0, via Wikimedia Commons
Duke Energy filed a proposal with the North Carolina Utilities Commission that presents four broad paths to reducing carbon emissions by 70% by 2030.
Duke Energy and TotalEnergies will pay a combined $315 million to lease 110,000 acres off North Carolina that could produce 1.3 GW in offshore wind.
Duke Energy's net income declined in the first quarter despite a whopping increase in sales compared to a year ago because of the costs of winter storms.
A second meeting of FERC and state regulators trying to spur transmission buildout exposed differences over expanding the definition of transmission benefits.
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