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In North Carolina, clean energy groups reach truce on Duke Energy grid plan
Energy News Network: With a quasi-judicial hearing planned for this week on Duke Energy’s bid to raise North Carolina rates, clean energy advocates have reached a truce with the company over its much-debated plan to upgrade the electric grid.
Unveiled three years ago as “grid modernization,” Duke’s original 10-year strategy was widely panned as gold-plated routine maintenance designed to pad the company’s balance sheet, not meaningfully modernize a transmission and distribution network built in the last century.
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