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Duke Energy Pursuing Sweeping Changes to Generation Mix

October 15, 2020

Via: PowerMag

Doubling down on its net-zero efforts, Duke Energy will retire all coal-only units in the Carolinas, multiply its renewable portfolio, and cease emitting methane in its natural gas business by 2030.

The company made the announcements on Oct. 12 at its first environmental, social and governance (ESG) day, a virtual event geared toward its investors. While Duke Energy’s efforts are rooted in a clean energy transition to address climate change, the company also views the changes as a “compelling investment story,” Duke Energy chair, president and CEO, Lynn Good told attendees.

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