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.

Read article

Share

i360Gov Newsletters

The most significant government policy, business, and technology news and analysis delivered to your inbox.

Subscribe Now

Also in Energy Policy & Technology