Duke Energy’s long-range development plans are underselling solar power and overselling the prospects of building more nuclear reactors, critics of the utility say. The argument comes from Sam Grote and Jim Warren, who lead the N.C. Business Impact Forum and NC WARN, respectively. Grote contends that Duke’s proposed Carolinas Resource Plan artificially capped the maximum amount […]
Environmental advocates in North Carolina slammed Duke Energy’s long-term vision for power generation, as disclosed this week in a regulatory filing. But the state’s main business lobby praised the report. The biennial Carolinas Resource Plan shows how Duke intends to provide electricity for its nearly 4 million N.C. customers over the next decade. The state […]
Duke Energy’s latest Carolinas Resource Plan posits retaining three of the utility’s coal-fired power plants for two to four years beyond the currently approved target for closing them. Filed Wednesday with the N.C. Utilities Commission, the updated plan also posits stretching out investments in solar, wind and hydro generation to varying degrees. On the other […]
Senate leaders are pushing forward a bill that would eliminate the 2030 “interim goal” of a 70% reduction in carbon dioxide emissions from North Carolina’s power plants. The proposal is embedded in Senate Bill 261, which would also give power providers more latitude to seek permission to pass on to customers the costs of building […]
North Carolina’s continued growth spree is making even couple-year-old projections of future power-generation needs obsolete, Duke Energy executives recently told members of a House committee. Their presentation to the House Energy and Public Utilities committee included one scenario that indicated demand for generating capacity could approach 42 gigawatts by 2038. Duke fall 2023 demand estimates […]
In its approval of Duke Energy’s new Carolinas Resource Plan, the N.C. Utilities Commission tossed an unexpected lifeline to the idea of building more large nuclear reactors to serve the region. The commission order includes a directive to Duke to report back by the end of this coming March on the licenses and infrastructure it […]
