State regulators’ approval of a nearly 15% increase in Duke Energy rates over the next three years will lead to hardship for some North Carolina manufacturers, the leader of an industry trade association says.
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Demand for electricity in the Carolinas is growing at the fastest rate in more than 30 years, reflecting an economic development boom that is exceeding expectations, a senior Duke Energy executive says.
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Duke Energy is delaying by one year a pilot program to test the use of electric vehicle batteries to power the electric grid in North Carolina.
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Duke Energy on Thursday reported third-quarter profit of $1.25 billion but didn’t perform as well as expected on revenues. Its CEO explains what happened.
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Duke Energy is launching a flat-rate pilot with carmakers General Motors, Ford and BMW. Check out the details.
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The program aims to bring more certainty to the cost of EV charging in order to help incentivize the purchase and use of elective vehicles.
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Duke Energy’s latest carbon-reduction plan calls for placing a modular “advanced nuclear” reactor on the site of the Belews Creek Steam Station, a partially coal-fired power plant in Stokes County that’s slated for retirement. Business North Carolina has the details.
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Earnings season continues with Duke Energy and other N.C.-ased public companies reporting their latest financial results. Here are the details.
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Duke Energy is selling its commercial distributed generation business for $364 million. It’s the second move Duke has made in recent weeks as part of an effort to focus on its regulated business.
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