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.

FERC conditionally approved changes to Duke's contract with municipal utilities in N.C. but ordered negotiations over how demand charges are calculated.

By 2030, Dominion's generation in South Carolina will be coal-free, while it will “have only two remaining facilities in Virginia,” CEO Robert Blue said.

Duke Energy executives touted the company’s clean energy plans during the company’s fourth-quarter earnings call.

The D.C. Circuit said a PPA between Duke Energy and 32 municipal utility customers allows the munis to use storage to reduce their capacity charges.

North Carolina law has upped the ante on utility carbon emissions reductions — requiring a 70% cut by 2030.