Duke Energy and It's Renewables

Duke Renewables President Talks Solar Prospects

December 23, 2013 - Duke Energy is not known for embracing renewable energy in North Carolina. About one percent of the Duke Energy Progress’ and Duke Energy Carolinas’ electric capacities in the state come from renewables—mostly solar, as well as a small amount of wind and biomass. Duke’s favored plan projects that number to rise to just 3 percent, 15 years from now. At the same time, Duke has a subsidiary business solely focused on developing and selling renewable energy across the country. WFAE’s Ben Bradford spoke to the president of Duke Energy Renewables for a businessman’s perspective on the green revolution.

BRADFORD (narrating): In the past three years, Duke Energy Renewables has built about 100 megawatts of solar projects across the U.S., or about a third the amount of your typical coal plant. The company plans another 5 megawatt project in Eastern North Carolina in January. Now, this does not include renewable projects by other Duke companies, for instance the Duke utilities that provide most of us power in North Carolina. Duke Energy Renewables president Greg Wolf says he’s bullish on the right renewables in states that have the right resources.

WOLF: We’re advocates for renewable energy, but we’re not green zealots. We’re really in this business because there’s a tremendous opportunity. read more & listen to>>>

Working with China on clean energy

Duke Energy continues to work closely with some of China’s leading energy companies to develop clean energy technologies. In 2011, the company broadened its relationships to include some of China’s top banks, as well.

Below are highlights of some of Duke Energy’s latest China initiatives. read more>>>