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News Releases | Duke Energy | News Center

Published on January 29, 2024. As the pace of electric vehicle (EV) adoption accelerates nationwide, Duke Energy has launched an EV charger rental program in North Carolina that enables residential and business customers to lease an EV charger from the company at a low monthly cost, which covers hardware, warranty and maintenance.

Duke Energy to help customers go 100% renewable

Contact: Randy Wheeless. Twitter: @DE_RandyW. 24-Hour: 800.559.3853. Duke Energy has proposed a major expansion to its Green Source Advantage (GSA) program, giving customers the option to supplement their power usage with 100% renewable power – and the ability to pair renewable projects with energy

European Market Evaluation for Long

Duration Energy Storage. Written By: Kathryn C. Davis. Davis A. Guebert. Advised By: Tim Johnson, PhD. April 29,2021. Masters project submitted in partial fulfillment of the requirements for the Master of Environmental Management degree in the Nicholas School of the Environment of Duke University.

DUKB | Duke Energy Corp. 5.625% Jr. Sub. Deb. due 2078 Stock Price & News

6 · Per-Share Earnings, Actuals and Estimates. View the latest Duke Energy Corp. 5.625% Jr. Sub. Deb. due 2078 (DUKB) stock price, news, historical charts, analyst ratings and financial information

Exclusive: Duke Energy to remove Chinese battery giant CATL

Under pressure from Congress, U.S. utility company Duke Energy plans to decommission energy-storage batteries produced by Chinese battery maker CATL at one of the nation''s largest Marine Corps

Charger Installation Credits

Contractor Credit Option ‌. Duke Energy will facilitate choosing an electrical contractor, and the credit will be shown on your final bill from the contractor as a discount on the work done that qualifies as charger prep work.

Brookfield Renewable to Acquire Duke Energy Renewables

BROOKFIELD, News, June 12, 2023 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners ("Brookfield"), today announced that it has agreed to acquire Duke Energy Renewables, a fully integrated developer and operator of renewable power assets in the U.S. with 5,900

New end-to-end green hydrogen system will be located at Duke Energy

"Duke Energy is constantly evolving and seeking ways to provide clean, safe energy solutions to our customers," said Melissa Seixas, Duke Energy Florida state president. "DeBary will be home to Duke Energy''s first green hydrogen production and storage system connected to existing solar for power generation, and we are grateful to

Duke Energy to implement new PowerPair pilot program for

Customers could receive up to $9,000 as a one-time incentive to help lower the cost of installing solar and battery storage. Programs explore new ways to help

Meet Duke Energy''s drone pilots | Duke Energy | illumination

Duke Energy is using drones to make numerous tasks faster, safer and more cost effective. Jacob Velky leads the company''s Unmanned Aerial Systems group as it uncovers new ways to use the technology from inspecting massive towers to making sure solar plants produce as much energy as possible. He and his teammates Bryan Williams

Rethinking long-duration energy storage

By Besith Pineda, MBA ''24 This article was written in response to a seminar given by Adrienne Lalle, Senior Director of Energy Storage at Cypress Creek Renewables, in an EDGE Seminar at Duke University''s Fuqua School of Business in Fall 2023. This article voices one student''s perspective and does not necessarily represent

Emerging Clean Energy Technology

Duke Energy has actively deployed long duration storage since the 1970s and is currently monitoring and piloting multiple emerging technologies expected to be commercialized within 5 years. Duke Energy is driving the emerging technology and innovations needed for a carbon-free future. Learn more about some technologies we''re watching closely.

Battery Storage

As part of Duke Energy Florida''s commitment to renewables, the company is investing an estimated $1 billion to construct or acquire a total of 700 megawatts of cost-effective solar

DUK

DUK - Duke Energy Corp. - Stock screener for investors and traders, financial visualizations. Index S&P 500 P/E 24.15 EPS (ttm) 4.13 Insider Own 0.16% Shs Outstand 771.00M Perf Week-0.11% Market Cap 77.05B Forward P/E 15.78 EPS next Y

STORAGE INNOVATIONS 2030: TECHNOLOGY LIFTOFF

Projects must enable a long-duration capable (10+ hours) energy storage technology with a pathway to $0.05/ kWh Levelized Cost of Storage (LCOS) by 2030. The objective of this

Duke Energy Corporation

Malta Inc. is teaming up with Duke Energy to study the socioeconomic, environmental and operational benefits of converting retiring coal units into long-duration, zero-emissions energy storage systems by integrating Malta''s 100-megawatt, 10-hour pumped heat energy storage system into existing infrastructure at a Duke Energy coal

Battery Energy Storage Systems and Solutions | Duke Energy

01. Manage your energy use. Help lower energy costs by reducing your peak loads and directly powering demand when energy rates are at their peaks. 02. More resiliency. When you upgrade your energy storage, you can add microgrid equipment to island from the

Duke Energy to invest $500 million in battery storage in the Carolinas over the next 15 years | Duke Energy

In the company''s recent Integrated Resource Plan (IRP), Duke Energy outlined plans to deploy $500 million in battery storage projects in the Carolinas over the next 15 years – equal to about 300 megawatts of capacity. Combining battery storage from all utilities, North Carolina has only about 15 megawatts of battery storage capacity in

Duke Energy pilots incentive program for home solar and storage

Duke Energy says customers may qualify for the following one-time incentives PowerPair installations: $0.36/watt-AC for solar panel installation up to 10 kW-AC. $400/kWh for battery storage installation up to 13.5 kWh. "As we continue to strengthen our grid and bring clean energy resources online, our customers are important partners in

They take to the sky for power line inspections

During a typical power line inspection, approximately 300 - 400 miles a day are flown. Ideally we want the sun to our back and the wind in our face. Constant communication between crewmembers is key to survival. We want to make sure we have the best understanding of what we''re seeing and expressing that to all.

Calculating Energy Storage Cost The Right Way

Step one: Fill in the basic energy storage cost factors. Price refers to the battery''s published price point irrespective of depth of discharge, stated capacity or other parameters for measuring performance. Cycles refers to the sum of full cycles (charge and discharge) expected from a battery''s life span at the same time retaining about 80

Honeywell Introduces New Flow Battery Technology to Provide

Industry data states that the long duration energy storage market will grow to $13.7B by 2030 and require 115 gigawatts (GW) of energy storage to support

Solar Energy

A record 700,000 homeowners installed solar in 2022. Today, nearly 5% of U.S. electricity comes from solar generation, almost 11 times as much as a decade ago. In 2022, Duke Energy and its subsidiaries had 180 utility-scale solar projects in 16 states and can generate more than 10,000 megawatts of electricity from wind and solar.

Energy and the Environment Capstone Design Project { Bass Connections 2017 Flywheel Energy Storage (FES): Exploring Alternative Use Cases

spinning up when electricity is at its cheapest and releasing the energy when the energy prices start to rise. Flywheels are typically used for frequency regulation; however, in this

Home Improvement Rebates

Step Two: Make upgrades. After you''ve selected a contractor, he or she will perform the upgrades. Then once complete, enjoy greater year-round comfort and the lasting value that comes with energy efficiency. Step Three: Choose your rebate method. Your contractor will complete and submit the application on your behalf.

Duke Energy and Parties Execute Agreements to Accelerate Clean Energy

Duke Energy and Parties Execute Agreements to Accelerate Clean Energy Options. June 12, 2024. This announcement involves the development of ACE tariffs, designed to lower the long-term costs of investing in clean energy technologies, including new nuclear and long-duration storage. Duke Energy. Duke Energy, Amazon,

Gas Cost Summary Sheet

Duke Energy makes gas cost summary sheets for customers available for download. Select your location Our site is customized by location. Please select the location of your service and we''ll remember your selection for next time.

Duke Energy, Other Utilities: Drones Have Role in Energy Sector

Duke Energy: Drones Have Place at Utilities. Duke Energy is in the early stages of investigating how drones might benefit the company, said David Mohler, the company''s vice president of emerging technology. After speaking with EPRI, the company intensified its focus. Mohler''s team has since identified more than 50 use-case scenarios

Duke Energy Corporation

Duke Energy (NYSE: DUK) is helping defray the cost of electrical upgrades for customers in North Carolina who want to install electric vehicle (EV) chargers at their home or business. The company''s Charger Prep Credit program helps cover the cost of EV charging infrastructure by providing a credit for residential or commercial

North Carolina BESS marks tiny step for Duke Energy in 1,600MW plan

Blackstone portfolio company Aypa Power has secured an energy storage service agreement (ESSA) with community electricity provider Ava Community Energy (Ava). Duke Energy 11MW/11MWh battery storage project, despite modest size, is thought to be the largest project of its type in North Carolina.

Billing & Payment Options

Choose from a variety of billing and payment options designed to make paying your Duke Energy bill simple, secure and convenient. Select your location Our site is customized by location. Please select the location of your service and we''ll remember your selection

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Pay Bill Online

Make a payment by phone. You can call us at 800.777.9898 anytime and make a payment through our automated phone system. Mail us a check or money order. Duke Energy. P.O. Box 1094. Charlotte, NC 28201-1094. Make payments and more with the Duke Energy app. You can use your Duke Energy app to set up payments, view your billing history and

Improve & Save

Duke Energy pays for the upgrades plus installation upfront and even handles ongoing maintenance on qualifying equipment for the life of the term. Also, generous money-saving incentives are automatically applied to further reduce project cost, and the remaining balance is repaid over 10 years on the property''s electric bill.

A review of flywheel energy storage systems: state of the art and

A FESS consists of several key components: (1) A rotor/flywheel for storing the kinetic energy. (2) A bearing system to support the rotor/flywheel. (3) A power converter system for charge and discharge, including an electric machine and power electronics. (4) Other auxiliary components.