Duke Energy plans to triple renewable energy
Topics: DUKE ENERGY
Currently, 7% of Duke Energy's company-owned electrical output comes from wind, solar and hydroelectric plants. That figure is projected to grow to 23% by 2030.
The company is undertaking its aggressive renewable energy buildouts with wind and solar projects currently under construction in Florida, North Carolina, Oklahoma and Texas. Over the next three years, the company will also add 280 megawatts of pumped storage hydro capacity at its Bad Creek facility in South Carolina.
Duke Energy's carbon-free generation is also helped by its six nuclear plants in the Carolinas, which produced 35% of its total electrical output in 2020.
"Duke Energy has a clear line of sight to reduce our carbon emissions by at least 50% by 2030 and is making terrific progress to achieve net-zero carbon emissions by 2050. We're already a leader in our industry when it comes to low-carbon intensity. This next decade will also be our biggest ever for incorporating thousands of megawatts of new renewable energy generation into our portfolio," said Katherine Neebe, Duke Energy's vice president, national engagement & strategy, chief sustainability officer and president, Duke Energy Foundation. ■