US electric power and natural gas company Duke Energy has announced an expansion plan to allow customers to supplement their power usage with renewable power completely.
US utility Duke Energy plans to invest US$40 billion in zero-carbon power generation as part of its US$145 billion capital investment plan for the next ten years.
US utility Duke Energy has committed to exiting coal by 2035 in what it said was “the largest planned coal fleet retirement in the industry” as it also released its financial results for Q4 2021 that outline a US$63 billion five-year capex plan.
Three US utilities have hit out at proposed changes to Texas’s energy market that they say would lead to new costs for solar facilities and curb investment in the state’s renewables sector.
