Duke Energy has restored power to 45,000 customers in Moore County, N.C., where  two substations were damaged by unknown attackers with rifles last weekend.

More than 33,000 customers remain without power in Moore County, N.C., following apparent attacks on two of Duke Energy’s substations over the weekend.

Duke Energy sees the U.S. clean energy transition as providing growth and profit drivers for its regulated utility business.

Duke Energy estimated the cost of its clean energy transition plans at $145 billion over the next decade, $10 billion more than its previous 10-year plan.

Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.

None of the major utilities in the Southeastern U.S. are on track to decarbonized by midcentury or even by 2070, SACE indicated in a recent report.

FERC’s interconnection proposal won wide praise, but some generation developers were dismayed that the commission failed to address participant funding.

Solar installers in North Carolina agreed to a phased reduction in net metering rates under a compromise with Duke Energy that is now before state regulators.

Rooftop solar is a good start, but it will take careful design of utility rates to ensure electrification comes with carbon reductions, industry officials say.

Duke Energy filed a proposal with the North Carolina Utilities Commission that presents four broad paths to reducing carbon emissions by 70% by 2030.