Duke Energy Files North Carolina Plan to Reduce Carbon
August 17 2023 - 5:59PM
Dow Jones News
By Will Feuer
Duke Energy said it has filed a new resource plan with North
Carolina that calls for new infrastructure, including an advanced
nuclear site and other alternative sources of energy, to offset
retiring coal plants and reduce carbon.
The company said its Carbon Plan Integrated Resource Plan would
retire Duke's use of coal by 2035, and see the company achieve
carbon neutrality by 2050, as required by North Carolina's
clean-energy law.
The plan calls for new hydrogen-capable natural gas plants as
well as increased solar-powered and wind-powered energy
infrastructure.
"This plan delivers a path to cleaner energy without
compromising grid reliability, affordability or the energy demands
of a growing region," said Kendal Bowman, Duke Energy's North
Carolina president.
Duke said the filing in North Carolina kicks off a regulatory
process with the North Carolina Utilities Commission, which Duke
said would hold public hearings before issuing its final order by
the end of 2024. The same resource plan was also filed in South
Carolina on Aug. 15, Duke said.
Write to Will Feuer at will.feuer@wsj.com
(END) Dow Jones Newswires
August 17, 2023 17:44 ET (21:44 GMT)
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