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December 24, 2024

South Carolina

Duke Energy
Duke Reports on Hurricanes’ Impact, SMR Plans in Q3 Earnings
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
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Utilities Facing Increased Scrutiny over Political Activities

Bribery scandals and concerns over reliability and the pace of decarbonization have caused increasing scrutiny of utilities’ political activities.

Duke Energy
Duke Earnings Slip on Low Demand, but Long-term Growth Expected
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.
U.S. Economic Development Administration
White House Announces Regional Tech Hubs to Spur Innovation
The White House and Department of Commerce announced 31 regional tech hubs, which include some aimed at furthering the energy transition, in an effort to stand up globally competitive industries around the country.
Atlas Public Policy/SACE
Report: Southeast Leads US on EV Manufacturing, but Lags on Sales
The Southeast Alliance for Clean Energy's report found that despite being responsible for 40% of all new investments in EV manufacturing, sales in the Southeast range from only 2.5% to 7% of vehicle sales, below the national average.
Duke Energy
Duke Energy Quarterly Call Focuses on Long-term ‘Organic’ Growth Plans
Duke Energy saw earnings slip on mild weather and focused on its organic growth plans as a fully regulated firm engaged in the energy transition.
Southern Alliance for Clean Energy
Historic Solar Growth Seen in Southeast
The Southeast’s solar capacity will more than double — to 40 GW — by 2026, according to a report by the Southern Alliance for Clean Energy.

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