The bill will remove the 2030 interim clean energy targets,reduce consumer electricity cost by a total of $15 billion.
A new report from the John Locke Foundation outlines obstacles and policy solutions to using natural gas to create a path to a zero-emissions future.
The Energy Security and Affordability Act (SB 261) would remove the Carbon Plan’s interim goal of reducing carbon dioxide emissions by 70% by 2030.
The new law is necessary because the discretion given to the NCUC by the General Assembly in 2021 was abused.
Lawmakers in the North Carolina General Assembly are looking to scrap the state's current carbon reduction plan, which aims to reduce carbon emissions by 70% by 2030, in an effort to save billions of dollars for North Carolinians.
Duke Energy, the North Carolina-based utility giant headquartered in Charlotte, announced multiple collaborations this month aimed at accelerating advanced nuclear technology deployment. The company is teaming up with the Tennessee Valley Authority (TVA) in pursuit of a US Department of Energy (DOE) grant to accelerate the exploration of new nuclear technologies; and, according to a...
Whether it's attracting new high-energy businesses, like data centers, allowing for a more traditional manufacturing resurgence; or lowering energy costs and uncertainty for families, canceling the misguided allegiance to carbon neutrality is vital to empowering the people of NC, now and in the future.
Lynn Good, who's led utility giant Duke Energy as chief executive officer (CEO) for 11 years, and served as chairman of the board of directors since 2016, is retiring. According to a press release, the board has named company veteran Harry Sideris to succeed Good as president and CEO effective April 1, 2025.
These small reactors would be the first sources of nuclear power constructed in NC since the Harris Nuclear Plant opened in 1987. The state’s population has grown by 70% since then.
Often our priorities are shaped less by choice and more by necessity. The pressing nature of distinct realities, for whatever reason, means the question of what one should do in these situations isn’t much of a question at all. The route forward is obvious, even if the path appears rough. Other times, however, the field...
WRAL this week alerted people that higher electricity bills are looming. Duke Energy is seeking rate increases over the next three years of “10% in January 2024, then up another 4% in 2025 with a final 4% increase in 2026.” That’s 19% in three years. Worse, the next round of ratemaking could end in power...
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