first published week of: 01/23/2023
Duke called the order a "constructive outcome that advances our clean energy transition, supporting a diverse, 'all of the above' approach."
North Carolina utility regulators told Duke Energy Corp. on Friday to carry out a series of activities to generate electricity that they say will help ensure greenhouse gas reductions set in a new state law are met.
But the commission didn’t endorse any particular mix of energy sources to meet the mandates currently required for 2030. The order does tell Duke Energy’s subsidiaries in North Carolina to optimally retire its remaining coal-fired plants by 2035, in keeping with a previous announcement by the company.
A bipartisan 2021 state law directed the commission by December 31, 2022 to approve a plan for the state’s electric public utilities — essentially Duke Energy Carolinas and Duke Energy Progress — to reduce carbon dioxide emissions by 70% by 2030 as compared to 2005 levels. Net-zero emissions by 2050 also are ultimately necessary, according to the law.
Read full story at PowerGrid…