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Duke aims to add about 20 gigawatts of new power generation over a decade.
Duke Energy plans to add about 20 gigawatts of new power generation over the next decade.
KEY POINTS
- 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
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