- Published: 14 October 2020 14 October 2020
Duke Energy has announced an expansion of its clean energy and emissions reduction plans to increase the company’s carbon and methane reductions, coal plant retirements and renewable energy generation goals.
This plan will enable Duke Energy to:
- Double its enterprise-wide renewable portfolio from 8GW to 16GW by 2025, at least triple renewable capacity for its regulated utilities by 2030, and bring its regulated renewable capacity total to 40GW by 2050;
- Add more than 11,000MW of energy storage across its system by 2050 and continue to invest and advocate for emerging technologies;
- Accelerate the amount of coal plants it plans to retire, adding to the 50 coal units, which total more than 6,500 megawatts, retired since 2010; and
- Retire all coal-only units by 2030 in the Carolinas.