By Kendal Bowman
From population growth to the expansion of manufacturing and other major economic development wins, our region is booming. We’re already projecting eight times the load growth we anticipated just two years ago.
To meet our customers’ needs while staying on track for a cleaner energy future, we need new sources of power – and we need a lot of it.
Here are some highlights:
- The most significant changes to the plan include an increase in hydrogen-capable natural gas plants, more solar and storage, and the potential timing of offshore wind off the coast of North Carolina, pending future evaluation by state regulators. This is all part of maintaining our diverse, “all of the above” approach to protect reliability and affordability for customers.
- Options for paths to 70% carbon reduction by 2030, 2033 and 2035
- New generation sited at existing coal sites to keep jobs and investment in areas that depend on it
- Two proposed natural gas plants in Person County, and new investments in Catawba County
- Continued support for a new nuclear facility in Stokes County, with an additional site to be determined in 2025