Coal, O&M, Policy & Regulations, Renewables

Duke Energy updates plans in Sustainability Report

Duke Energy (NYSE: DUK) has released its 2013 Sustainability Report, outlining challenges and goals for the nation’s largest electric utility.

The report includes details on its products and services, environmental footprint and governance.

It also offers details on the company’s coal ash ponds, safety and operational impacts on wildlife.

Among the highlights, Duke Energy:

  • Completed a 10-year, $9 billion generation fleet modernization program in 2013 that allowed the company to retire more than 3,800-MW of older coal-fired units. That number will grow to about 6,300-MW of coal capacity over the next few years.
  • Is on track to own or contract 6,000-MW of wind, solar and biomass by 2020.
  • Generates about 10 percent of its overall capacity from hydro, wind and solar.

To read the entire report, click here