Duke Energy Carolinas (DEC)
Duke Energy described plans to invest up to $200 billion in the next decade to meet demand growth across its multiple utilities during an earnings call for the first quarter of 2025.
FERC approved Duke Energy's Order 2023 compliance filing, which leaves in place the utility's two-phase cluster study process designed to give interconnection customers more information on costs earlier in the process.
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.
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.
DOE said about 2 million customers still were without power after Hurricane Helene knocked out power to about 6 million across 10 states stretching from Florida to Ohio.
North Carolina residents called upon the Utilities Commission to address Duke Energy’s preferred carbon plan, criticizing its slow pace of coal plant retirements and increase in gas plants compared to other options.
FERC rejected challenges to its new generator interconnection rules under Order 2023, while making minor modifications and extending the compliance date.
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.
North Carolina regulators approved two on-bill-financed residential energy efficiency programs for Duke Energy.
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.
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