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 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 saw earnings slip on mild weather and focused on its organic growth plans as a fully regulated firm engaged in the energy transition.

North Carolina businesses called for a study of wholesale market competition, including a possible RTO, citing a lack of “cost-competitive, clean energy.”

Warm weather in its service territories led to lower earnings for Duke in Q1, but CEO Lynn Good told investors that the firm should make up for it this summer.

South Carolina would benefit from joining PJM or forming a new RTO with neighbors, Brattle Group said in a report to state legislators.

SREA said Duke Carolinas' and TVA's holiday blackouts were likely avoidable had they built robust transmission links and had better access to organized markets.

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.

Solar advocates celebrated the defeat of a Florida bill that would have phased out the state’s net metering program but warned the battle is far from over.