Duke Energy

Duke Energy’s Annual Impact Report Shares Progress Toward a Cleaner Tomorrow That Includes Affordability and Reliability

by Duke Energy on April 26, 2024

Duke Energy (NYSE: DUK) today released its 2023 Impact Report, its 18th annual accounting of its progress toward its sustainable business goals. This year’s report includes highlights from its 2050 clean energy transition strategy, which strives to deliver industry-leading reliability, competitive rates for customers, and accelerated infrastructure and economic development to meet the growing needs of its…

Duke Energy to Pilot EV Charging Subscription Service in North Carolina

by Duke Energy on August 28, 2023

As North Carolina looks toward a cleaner energy future with reduced greenhouse gas emissions and clean transportation, Duke Energy, General Motors, Ford Motor Company and BMW of North America are teaming up to launch a new electric vehicle (EV) pilot program in the state aimed at bringing certainty to the cost of EV charging. Duke Energy’s 12-month EV Complete Home…

Duke Energy Files Updated Carbon Plan to Serve the Growing Energy Needs of a Thriving North Carolina

by Duke Energy on August 17, 2023

Duke Energy today filed a new resource plan to advance the company’s energy transition while prioritizing reliability and affordability – one designed to help maintain North Carolina’s status as the nation’s top state for economic development. The Carbon Plan Integrated Resource Plan (CPIRP) builds on the trajectory of the North Carolina Utilities Commission’s (NCUC) 2022 Carbon Plan, which established a…

Duke Energy Proposes New Programs to Help Grow South Carolina Economy by Helping Customers use 100% Renewable Energy

by Duke Energy on October 5, 2022

Duke Energy has proposed the creation of innovative customer renewable programs and a major expansion of an existing one to allow South Carolina customers the option to supplement their power usage with 100% renewable power – a critical need for many businesses seeking to relocate or expand operations in the Palmetto State. Details were spelled out today…

Duke Energy Unveils Sweeping Clean Energy and Emissions Reduction Plan at Inaugural ESG Day

by Brian Gallagher on October 8, 2020

Duke Energy today announced an extensive expansion of its clean energy and emissions reduction plans to significantly increase the company’s carbon and methane reductions, coal plant retirements and renewable energy generation goals. The sweeping plans were announced at the company’s inaugural environmental, social and governance (ESG) day. The virtual investor event featured Duke Energy’s senior…

Duke Energy Renewables closes $109.4 million in a preferred tax equity funding from Goldman Sachs

by Duke Energy on August 20, 2020

Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK), today announced the closing of $109.4 million in a preferred tax equity funding from Goldman Sachs’ Alternative Energy Investing Group. The investment will be used over 18 months to fund a diverse portfolio of approximately 75 megawatts of solar and solar plus storage projects, which will be developed and constructed by…

Duke Energy Reaffirms Capital Investments in Renewables and Grid Projects to Deliver Cleaner Energy, Economic Growth

by Duke Energy on July 7, 2020

Duke Energy (NYSE: DUK) today said that the company will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid projects. Duke Energy’s $56 billion capital investment plan will deliver significant customer benefits and create jobs at a time when policymakers at all…

Dominion Energy and Duke Energy Cancel the Atlantic Coast Pipeline

by Dominion Energy on July 5, 2020

Dominion Energy (NYSE: D) and Duke Energy (NYSE: DUK) today announced the cancelation of the Atlantic Coast Pipeline (“ACP”) due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the project. Despite last month’s overwhelming 7-2 victory at the United States Supreme Court, which vindicated the project and decisions made by permitting agencies,…

Bank of America Taps Duke Energy To Expand Renewable Energy Commitment

by Duke Energy on June 29, 2020

Bank of America announced today it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy. Through a renewable energy sleeved-power purchase agreement (PPA), the company is participating in Duke Energy’s Green Source Advantage (GSA) program. The bank is the first company and financial…

Duke Energy Rolls out ‘Hire North Carolina’ Program for Major Construction Projects

by Duke Energy on June 15, 2020

In an effort to promote economic development and support North Carolina communities, Duke Energy is implementing the new program – “Hire North Carolina” – to maximize the use of locally owned and diverse contractors for utility projects in the state. “We want to continue to support job creation and investment with suppliers, vendors and contractors…