CHARLOTTE, N. C. , June 6, 2024 /3BL/ — Duke Energy (NYSE: DUK), Amazon, Google, Microsoft and Nucor announced agreements to explore new, cutting-edge approaches to carbon-free power generation and help utilities achieve the long term. Energy needs. Large corporations in North Carolina and South Carolina. The announcement was made at the White House Summit on National Nuclear Deployment.
In memorandums of understanding signed this month, the corporations proposed expanding new tariff structures, known as “tariffs” in the applications sector, designed in particular to reduce the long-term costs of investing in blank energy technologies such as new nuclear and long-term technologies. -Forward technologies. Garage duration through advance commitments.
The proposed price lists for Accelerate Clean Energy (ACE) would allow large consumers such as Amazon, Google, Microsoft, and Nucor to invest directly in carbon-free power generation through cutting-edge financing structures and contributions that address allocation risks to reduce the costs of emerging technologies. ACE price lists would facilitate advantageous on-site generation at visitor facilities, participation in load flexibility programs, and investments in blank energy assets – exciting features for consumers with giant-scale energy needs.
The ACE framework would also come with a Clean Transition Fee (CTT), the key feature for Duke Energy to supply individualized portfolios of new carbon-free energy to advertising and advertising consumers. The CTT would tailor blank power generation to visitor workloads to increase overall grid decarbonization. This would be a voluntary program for giant consumers to advance their blank energy goals, and it would come with protections for non-participating consumers.
Next steps and more information
Duke Energy looks forward to working with other new and existing consumers with energy desires and sustainability goals.
ACE’s rates would constitute new voluntary rate structures for Duke Energy’s advertising and advertising customers. Duke Energy’s five-year capital plan will continue as planned and those rates would be subject to regulatory approvals in North Carolina and South Carolina.
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In this new era of giant-scale energy demand, Duke Energy is committed to working with our regulators and consumers to find innovative and culprit tactics to meet the growing need for more abundant and cleaner energy. With the participation of corporations such as Amazon, Google, Microsoft, and Nucor, we can boost our reaction to the desires of large consumers and the transition to cleaner energy, while reducing the monetary threat and supporting the economic progress of our communities.
As the world’s largest buyer of renewable energy, Amazon is committed to enabling new carbon-free energy resources to power our operations and the communities where our consumers live and work. With a presence of knowledge centers, distribution centers and corporate buildings in Ohio, the Carolinas and Florida, we are excited to collaborate with Duke Energy to find new answers to enable us to achieve our climate commitment to net-zero carbon emissions by 2040, and today’s agreement marks a vital milestone in that journey. “
As we continue to make progress toward our goal of operating every Google campus with blank power every hour of every day through 2030, we’re looking for opportunities. to drive the delivery of new blank energy to the grid. Through collaboration with Duke Energy, the Clean Transition Rate creates a pathway for us and our peers to bring new, cutting-edge answers to the forefront more quickly, in a region where we have called home for more than 15 years.
Microsoft’s purpose is to provide revolutionary answers to the energy transition. Innovative frameworks like this agreement with Duke Energy Microsoft’s ambition to ensure that one hundred percent of our electricity consumption, one hundred percent of the time, is offset by zero carbon emissions. energy purchases. We are committed to creating a more sustainable long-term by actively operating to charge more blank energy to the grid.
Nucor is one of the cleanest and most sustainable metal manufacturers in the world and has proudly operated in the Carolinas since the 1960s. We’re excited to see our partnership with Duke Energy evolve through this shared commitment to bringing the next generation of clean, reliable and affordable energy to our region, while also supporting our goal of net zero emissions.
Duc Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, North Carolina, is one of the largest energy holdings in the United States. The company’s utilities serve 8. 4 million consumers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. and together they have 54,800 megawatts of energy capacity. Its herbal fuel services serve 1. 7 million consumers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.
Duke Energy is implementing an ambitious transition to blank energy, keeping reliability, affordability and accessibility at the forefront as the company strives to achieve net-zero methane emissions from its natural fuels business through 2030 and net-zero carbon emissions from power generation. Up to 2050. La company is investing in primary power grid technologies and cleaner generation, adding expansion of electric garages, renewables, natural fuels, and nuclear power.
More information is available at Duke-Energy and the Duke Energy News Center. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook, and stop by Lighting to read stories about other people and inventions that are driving our energy transition.
Contact: Jennifer Sharpe 24 hours: 800. 559. 3853
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