By the end of this decade, renewables will make up a large portion of the company’s generation mix as Duke Energy (NYSE: DUK) looks to triple the amount of renewable energy it produces from company power plants and dramatically reduce carbon emissions.
In a milestone settlement that resolves the last remaining major issues on coal ash management in North Carolina, the North Carolina Attorney General, North Carolina Public Staff, Sierra Club and Duke Energy have reached an agreement on costs related to coal ash management and safe basin closure.
Duke Energy issued a statement in response to today’s ruling by the North Carolina Supreme Court in a case regarding a 2018 North Carolina Utilities Commission order that had addressed costs associated with coal ash management and safe basin closure.
Duke Energy today announced several executive changes, including a newly formed chief generation officer role, to further drive the company’s ambitious strategy to achieve net-zero carbon emissions by 2050.
With its expansion of renewable energy and significant reduction in carbon emissions, combined with its continued focus on social responsibility, Duke Energy was recently named to the Dow Jones Sustainability Index for North America for the 15th consecutive year.
The Duke Energy Foundation recently awarded more than $200,000 in grants to 18 Ohio and Northern Kentucky recipients that will fund environmental projects, wildlife conservation efforts and environmental educational programs in the region.
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.
As new electric vehicles (EVs) enter the market and strong sales growth continues nationwide, the Public Service Commission of South Carolina has approved two Duke Energy electric transportation pilot programs that will allow South Carolina to join other states in deploying EV infrastructure to meet the needs of this growing market.