The Duke Energy Foundation awarded $773,000 to 22 nonprofits and educational institutions across Florida to enhance STEM education through hands-on learning and career preparation in high-demand industries. The funding supports various universities, colleges, and education foundations statewide, aiming to inspire students toward careers in energy, engineering, and technology. Leaders from recipient organizations praised Duke Energy's commitment to education and workforce development. This initiative aligns with Duke Energy's broader strategy to invest in community growth and future skilled professionals.
The US Department of Energy declared a power emergency for the PJM Interconnection grid due to record heat and high electricity demand, allowing plants to exceed environmental limits to prevent blackouts. Meanwhile, the EU started charging a €3 custo...
Duke Energy spends over 97% of its $17.2 billion annual sourcing budget on U.S.-based suppliers, including nearly $1 billion in North Carolina alone in 2025. These investments support critical grid equipment, sustain American manufacturing, and creat...
Duke Energy has introduced an AI-powered Bill Insights feature in its mobile app to help customers in the Carolinas understand the factors driving higher summer energy bills. The tool provides a clear, personalized explanation of monthly energy costs...
Duke Energy reported a strong Q1 with revenue growing over 10% year-over-year and net profit reaching $1.54 billion, boosted by a $652 million gain from asset sales. The company maintains solid financial health, supporting confidence in its ability t...
