# Duke aims to add about 20 gigawatts of new power generation over a decade.

*business · news · 2026-04-25 · Fortune*

## Key points

- Duke Energy plans to add about 20 gigawatts of new power generation over the next decade.
- Duke's contracts with hyperscale data centers require them to pay for their own infrastructure.
- Duke was the first major utility to require data centers to use backup power during peak demand.
- North Carolina law now allows more flexible utility rate hikes and reduced carbon reduction mandates.
- Duke is extending the operational life of some coal-fired plants beyond the previous 2035 phaseout goal.

**Companies:** Amazon, Microsoft, Google, Meta, Duke, GE Vernova
**Countries:** United States

[Read the full story on Fortune](https://fortune.com/2026/04/25/utility-giant-duke-energy-spend-industry-record-103-billion-growth-data-centers-affordability/)

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