Duke Energy Corp Stock Price, News & Analysis

Duke Energy, a leading energy provider, announced a donation to Conservation Florida to support a series of free public Bioblitz events across Florida. These immersive events engage communities in discovering local wildlife through guided tours and hands-on activities. Since 2018, the Bioblitz program has attracted over 10,500 participants, documenting 119,610 observations of over 8,000 species. Duke Energy emphasizes its commitment to environmental conservation and community engagement as part of its broader goal towards a cleaner energy future.

Duke Energy is proactively preparing for a winter storm expected to impact Indiana, which may lead to power outages due to heavy snow, sleet, freezing rain, and high winds. The company has mobilized 300 additional workers from other utilities to aid in restoration efforts. Ice buildup on trees and power lines poses the greatest threat for outages, particularly accumulations of a quarter inch or more. Duke Energy will provide regular updates and estimated restoration times to affected customers through various communication channels.

Duke Energy Sustainable Solutions has launched two new solar facilities in North Carolina: the 50-MW Broad River Solar plant and the 22.6-MW Speedway Solar plant. These projects, operational amid COVID-19 and supply chain challenges, will be powered by long-term power purchase agreements, supplying energy to approximately 15,000 homes annually. The company aims for a 70% carbon reduction by 2030 and net-zero carbon emissions by 2050. With over 4,100 MW of solar capacity in North Carolina, Duke Energy is a leader in the U.S. renewable energy sector.

Duke Energy Florida has initiated a 12-month "Bring Your Own Battery" (BYOB) study aimed at enhancing energy grid resilience and promoting renewable energy use. Participants will be customers with existing home battery systems who can support the grid during peak demand times. The initiative is expected to lower energy costs and facilitate a transition to a cleaner energy future. Collaborating with vendors like Sunrun, the study highlights Duke Energy's commitment to innovative solutions for energy delivery and sustainability.

Duke Energy announced plans to restore power to nearly all customers affected by the recent winter storm in the Carolinas by late tonight. Over 250,000 customers have had power restored so far, with only 24,000 remaining without electricity as of 3 p.m. today. Most of these outages are in North Carolina and South Carolina, with some areas expecting delays due to extensive damage. Duke Energy is deploying additional resources to expedite restoration and will communicate estimated restoration times directly to impacted customers.

Duke Energy reported that a winter storm has impacted the Carolinas, cutting power to 67,000 customers, with potential for more outages. Currently, 27,000 customers in North Carolina and 40,000 in South Carolina are without power. The company has deployed over 11,000 response workers to assist with restoration efforts. Damage assessments will be conducted once safe, as ongoing hazardous conditions limit repair capabilities. The restoration process could take several days, and updates will be provided through various communication channels.

Duke Energy warns customers in North and South Carolina about scammers impersonating company representatives during an upcoming winter storm. These scammers threaten power cut-offs unless immediate payments are made. Duke Energy emphasizes it never demands immediate payment or personal information via phone calls. To protect customers, the company shares tips to identify scams, including ignoring robocalls and avoiding prepaid debit card payments. The company serves 7.9 million customers across several states and aims for significant carbon reduction by 2030.

Duke Energy has announced that a severe winter storm forecasted for January 15, 2022, could lead to power outages affecting up to 750,000 customers in North Carolina and South Carolina. In preparation, Duke has deployed over 10,000 workers, including 4,100 from external companies, to assist in restoration efforts. The storm is expected to cause significant ice accumulation, leading to downed power lines and extended outages. Damage assessment will commence post-storm, and Duke Energy will provide updates through various communication channels.

Duke Energy is preparing for potential winter storm impacts in the Carolinas as snow and ice are forecast. Heavy precipitation may cause power outages, prompting the utility to mobilize nearly 600 personnel from other areas and secure assistance from 1,000 workers from other utilities. The company emphasizes safety and encourages customers to prepare for outages by stocking essentials. Duke Energy's storm response teams will follow social distancing protocols during restoration efforts. The company serves 7.9 million customers across several states and has significant renewable energy goals.