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Duke Energy announced big profits during this week’s quarterly earnings call. The presentation comes on the heels of new legislation that further improves the company's credit and removes a key North Carolina climate target.
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State lawmakers are overriding several of Gov. Josh Stein's vetoes Tuesday with help from Democrats. The vetoed bills include the repeal of a carbon reduction mandate for Duke Energy and a plan to shift regulatory powers from state agencies to the legislature.
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The new memo from N.C. State professors says the fuel costs to power new natural gas plants could be a key price driver for Duke Energy customers in the coming decades.
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Senate Bill 266 also shifts some costs of purchased power from industrial to residential customers by changing how they're calculated.
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State Senate leader Phil Berger wants to repeal a carbon reduction mandate the legislature put on Duke Energy four years ago.
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Duke Energy plans to rebuild three of its substations in western North Carolina after Helene’s catastrophic damage. Some resiliency factors include elevating facilities to higher ground and building flood walls.
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Clean energy advocates say the revised Carbon Plan moves away from fossil fuels too slowly. The plan also pushes back a state goal to reduce emissions by 70% by 2030.
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State regulators accepted Duke Energy’s plan to reduce carbon pollution and meet growing energy demand. But a controversial decision to approve Duke’s request to delay compliance with a key carbon pollution target has drawn criticism from environmental groups.
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Duke Energy reaches agreement with state consumer advocacy group on plans to reduce carbon emissionsDuke Energy is in the process of finalizing its plan to power North Carolina while reducing emissions. The utility has reached an agreement with North Carolina’s state consumer advocacy group on how to do that.
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A team of residents and scientists in eastern North Carolina is using an unlikely tool to look for clues about air pollution.