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October 10, 2024

Duke Energy

SEEM
SEEM Members Respond to FERC Briefing Request
Members of the Southeast Energy Exchange Market argued to FERC that the market is beneficial to customers and should be allowed to continue.
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.
Shutterstock
Utilities Seek Rehearing in FERC Interconnection Funding Proceedings
A group of utilities have filed for rehearing of a show cause order FERC issued in June that could change the practice of who pays for interconnection lines at four ISO/RTOs.
SEEM
FERC Requests Briefings on SEEM After DC Circuit Order
FERC requested stakeholder arguments on whether SEEM should be considered a loose power pool under Order 888.
Duke Energy
NC Residents Criticize Duke’s Pace of Coal Retirements, Reliance on Gas in Carbon Plan
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.
Shutterstock
The Future of Natural Gas with Growing Demand and Climate Targets
A DOE report on resource adequacy says firms investing in natural gas capacity could be retrofitted with carbon capture and storage, or the ability to burn clean hydrogen.
Duke Energy
Duke Energy Projects Higher Earnings, Load Growth in 2024
Duke Energy reported an increase in projected load growth from economic development and migration at its 2023 year-end earnings call.
Shutterstock
SERC, Duke Agree to $40K Penalty for Reliability Violations
FERC approved a $40,000 penalty against multiple Duke Energy facilities for violations of NERC reliability standards.
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.

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