Duke Energy

Duke Energy intends to submit an application to South Carolina’s Public Service Commission (PSC) for approval to build a 1.4-GW gas-fired combined cycle plant with hydrogen capability in Anderson County. If approved, the project, which could come online in 2031, will mark the company’s first new generation proposal in the state in a decade. The […]

Duke Energy has signed a sweeping partnership with GE Vernova for the supply of advanced gas turbines and associated equipment—potentially securing up to 11 of GE Vernova’s flagship 7HA units to advance specific projects in line with the utility’s integrated resource plans (IRPs). Duke Energy on April 24 said the “arrangement” would help the company […]

Several U.S. utilities in recent months have said they plan to keep coal-fired units in their generation fleets operating past their scheduled retirement dates, in most cases citing increased demand for electricity in their service areas. Some also note that the Trump administration is likely to eschew enforcement of current pollution standards, and attempt to […]

Regulators in North Carolina have approved Duke Energy’s plan to replace some of the utility’s coal-fired units with natural gas-fired generation. The North Carolina Utilities Commission in December issued orders in support of the gas-fired units. The state’s Dept. of Environmental Quality (DEQ) on Dec. 20 granted air permits for the gas-fired plants. Duke plans […]

In late 2024, a first-of-a-kind, fully functional project spearheaded by Duke Energy, GE Vernova, and Sargent and Lundy could begin demonstrating the commercial peaking capabilities of an integrated hydrogen power-to-power system at Duke Energy’s DeBary power plant in Florida. In an exclusive interview, project partners revealed details of the potentially trailblazing installation, which is slated […]

Brookfield Asset Management announced the launch of Deriva Energy, the new name for Duke Energy’s former unregulated commercial renewables business that Brookfield acquired earlier this year. Deriva, which considers itself a leading operator and developer of clean power projects in the U.S., is headquartered in Charlotte, North Carolina. Brookfield on Oct. 25 said it had […]

Duke Energy, GE Vernova, and Sargent and Lundy will team up on a pioneering project to demonstrate an end-to-end energy system that produces, stores, and combusts 100% renewable hydrogen at Duke Energy’s DeBary solar plant in Florida. Duke Energy on Oct. 27 said construction on the project, a “one-of-a-kind end-to-end” system, will begin later this […]

In a bid to transition to a fully regulated business, Duke Energy will sell its unregulated utility-scale solar and wind group—a portfolio of 3.4 GW—for an enterprise value of $2.8 billion to pure-play renewable power platform Brookfield Renewable. The companies announced the transaction for a portion of Duke Energy’s Commercial Renewables business segment on June […]

Duke Energy Sustainable Solutions (DESS), an arm of major U.S. utility Duke Energy, said commercial operation has begun on the group’s largest solar power plant. DESS on March 8 said the 250-MW Pisgah Ridge Solar farm in Navarro County, Texas, is online, supplying power to at least three groups as part of virtual power purchase […]

CHARLOTTE, N.C. (Jan. 26, 2023) – Duke Energy Sustainable Solutions, a non-regulated commercial brand of Duke Energy, today announced it has placed into commercial operation the 120-MW Jackpot Solar project in Twin Falls County, Idaho. This is the organization’s first utility-scale renewable energy project in the state and is the largest solar facility in operation […]