Major Utility Hoping To Keep Coal Units Alive As Grid Crisis Looms
Duke Energy announced Wednesday it was hoping to keep some of its coal units humming to meet electricity demand as a grid reliability crisis looms large. The utility filed its long-term energy plan with state…


Duke Energy announced Wednesday it was hoping to keep some of its coal units humming to meet electricity demand as a grid reliability crisis looms large.
The utility filed its long-term energy plan with state regulators, looking to extend the life of several retiring coal units in North Carolina as electricity costs and power demand rise. Grid reliability and electricity costs have been a nation-wide concern, with the Department of Energy (DOE) warning in a July report that blackouts are expected to increase by a factor of 100 by 2030 if America continues to phase out power plants without adequate replacements.
“By expanding our diverse generation portfolio and maximizing our existing power plants to meet growth needs, we will ensure reliable energy while saving all our customers money,” Duke Energy’s North Carolina President Kendal Bowman said Wednesday.
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