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December 8, 2024

North Carolina

Duke Energy
Duke Reports on Hurricanes’ Impact, SMR Plans in Q3 Earnings
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.
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SE Renewable Energy Conference: Will the Southeast Rise Again?
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.
Duke Energy
NCUC Approves Latest Duke ‘Carbon Plan’ to Expand Renewable, Nuclear and Gas Generation
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
Dominion Energy
Dominion Releases ‘All of the Above’ Integrated Resource Plan for 2024
Dominion Energy’s 2024 Integrated Resource Plan calls for major expansions of offshore wind, solar power and natural gas to meet surging demand in its territory. 
Energy United
Helene Repair Efforts Could Last Weeks for Hardest Hit, Remote Areas
While most customers have seen their power restored since Hurricane Helene hit, some of the hardest hit and most remote customers could wait weeks to get their lights back.
Duke Energy
Duke Energy Executives Discuss Demand Growth on Q2 Earnings Call
Duke Energy executives highlighted how the return to load growth is impacting its utilities during its second-quarter earnings call with analysts. 
Duke Energy
4th Circuit Remands Duke Energy Market Power Lawsuit Filed by NTE
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.
Duke Energy
FERC Nixes Duke Transmission Planning Proposal over Cost Threshold
FERC rejected a proposal Duke Energy filed to update its transmission planning process in the Carolinas due to a cost threshold in the proposal, saying other aspects of the filing seemed just and reasonable.
Duke Energy
Duke Earnings Slip on Low Demand, but Long-term Growth Expected
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.
Duke Energy
Duke Files Settlement with Munis at FERC on Battery Dispute
Duke Energy Progress and North Carolina Eastern Municipal Power Agency filed a settlement with FERC regarding the latter using batteries to shave its peak demand.

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