Duke Energy agreed to sell for $6 billion nearly 20% of its electric utility company serving 2 million Floridians, fueling an expansion of its generation capacity in anticipation of rising electricity demand. Duke’s agreement with Brookfield Asset Management staggers its cash investment, starting next year through 2028. The Charlotte-based utility will spend $2 billion of […]| Business North Carolina
North Carolina legislators overrode Gov. Josh Stein’s veto of a bill that eliminates the state’s interim 2030 carbon-reduction target and makes it easier for Duke Energy to make customers pay for new power plants that are still under construction. Senate Bill 266 became law on Tuesday when the House voted 74-46 to ignore the governor’s […]| Business North Carolina
Duke Energy agreed to sell the Tennessee division of its Piedmont Natural Gas subsidiary for $2.48 billion to St. Louis-based Spire.| Business North Carolina
North Carolina regulators have approved Duke Energy Progress’s plan to reduce what commercial rooftop solar customers get paid for electricity they send to the grid. Solar advocates say the change caught them by surprise and could make solar less attractive, especially for smaller customers.| WFAE 90.7 - Charlotte's NPR News Source
WILMINGTON — The City of Wilmington’s investment portfolio, at least the portion it has direct control over, now is intended to be free of fossil fuel assets. READ MORE: Utilities Commission approves…| Port City Daily
Duke Energy, Amazon, Google, Microsoft and Nucor have signed MoUs to develop Accelerating Clean Energy (ACE) tariffs for emerging tech.| Smart Energy International