Duke Energy plans to triple renewable energy production this decade

USA, North Carolina, Charlotte: Duke Energy looks to triple the amount of renewable energy it produces in its power plants.

 


Duke Energy renewables

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USA, North Carolina, Charlotte: Duke Energy looks to triple the amount of renewable energy it produces in its power plants.

This way the company plans to dramatically reduce carbon emissions by the end of the decade.

This has been spelled out in Duke Energy’s 15th Sustainability Report, the utility’s annual disclosure on environment, social and governance issues.

“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 are 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 and strategy, chief sustainability officer and president, Duke Energy Foundation.

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 utility is undertaking its aggressive renewable energy buildouts with wind and solar projects currently under construction in several states.

The utility recently announced a new comprehensive brand for its nonregulated commercial renewables business — Duke Energy Sustainable Solutions. The brand unifies products and services offered by several Duke Energy subsidiaries, including Duke Energy Renewables, REC Solar and Duke Energy One. The team will continue to leverage Duke Energy’s deep industry experience to deliver the sustainable energy solutions customers need and want while empowering them to make a measurable impact, help reduce emissions and gain resiliency.

 

Source: T&D World