The majority of electricity produced by Duke Energy's electric utilities and infrastructure segment originates from fossil fuels. In financial year 2023, coal accounted for 12.8 percent of total electricity generation by the North Carolina-headquartered utility company, while natural gas and oil made up the greatest share at 33.3 percent.

Duke Energy emitted 72 million metric tons of carbon dioxide (MtCO₂) from electricity generation in 2023, a year-on-year decrease of roughly six percent. These reductions were mainly due to decreased generation from fossil assets and decreased customer demand for electricity. Overall, Duke Energy's CO₂ emissions from electricity generation have reduced by 48 percent since 2005. The North Carolina-based energy company now aims to reduce its emissions from electricity generation by 80 percent from 2005 levels by 2040. While Duke Energy has made progress in cutting emissions from electricity generation in recent decades, it remains one of the largest corporate GHG emitters in the U.S.

Duke Energy provided some 8.4 million retail customers across the United States Southeast and Midwest with electricity in financial year 2023, a slight increase compared to the previous year. Figures have increased steadily since 2015. The North Carolina-based company is one of the largest U.S. electric utility companies by market value.

Duke Energy Carolinas electricity sales amounted to 87.6 terawatt-hours in fiscal year 2023, around 20 terawatt-hours more than the power sales of subdivision Duke Energy Progress. By comparison, Duke Energy Ohio sold around 23.3 terawatt-hours that same year.

This statistic represents the electricity sales made by the regulated utilities of Duke Energy between the fiscal year of 2011 and the fiscal year of 2019. In the fiscal year of 2019, the North Carolina-based electricity and natural gas provider reported electricity sales totaling approximately 257.1 terawatt hours.

Discover how Duke Energy's $83 billion capital expenditure plan aims to strengthen infrastructure and address rising power demands from emerging sectors.

Internal database of Combined Heat and Power (CHP) plants in the UK. The department is unable to publish site level data as this information is commercially sensitive. We publish statistics on CHP in the UK as part of our annual publication The Digest of UK Energy Statistics (DUKES) in Chapter 7.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity. It also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. This segment serves approximately 8.2 million customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 91,000 square miles; and owns approximately 50,259 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in pipeline transmission and natural gas storage facilities. It has approximately 1.6 million customers, including 1.1 million customers in North Carolina, South Carolina, and Tennessee, as well as 550,000 customers in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, owns, develops, builds, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and corporate customers. It has 23 wind, 178 solar, and 2 battery storage facilities, as well as 71 fuel cell locations with a capacity of 3,554 MW across 22 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.

Until the US opts for an alternative source for electricity generation and while it continues to rely on fossil fuels, the carbon emission rates in the country will continue to rise. This will hinder the US government’s mission to cut down by 17% greenhouse gas emissions below the base level year (2005) by 2020. The merger of Duke Energy and Progress Energy will enable the new entity Duke Energy Corporation to financially strengthen its position to invest in technologies which will help the company to reduce its carbon foot print. This in turn will also help the US to reduce its carbon emission rates. The merger will yield the formation of the US power utility with the largest nuclear fleet in the country. The combined new builds (planned and proposed nuclear reactors) of both the entities will increase the existing nuclear power production in the US. The new entity’s future nuclear plans will result in the creation of huge job opportunities, it will provide a potential market for nuclear suppliers (equipment and service providers globally) and it will assist the US to combat climate change. Duke Energy and Progress Energy are adopting modern technologies such as digitalization of control panels and automated fire-detection systems in their nuclear power plants. Duke Energy has plans to reduce fossil fuel-based electricity generation and look for alternatives to replace fossil fuels as the main sources of energy. Nuclear energy is likely to be the best alternative the company will use to provide carbon-free and reliable power to its electricity customers. Read More

Duke Energy Corporation (Duke Energy) is an integrated energy utility engaged in the generation, transmission, distribution, and sale of electricity. The company operates a diverse mix of coal, nuclear, natural gas, oil, and renewable power plants. The company operates through three reportable business segments: Electric Utilities and Infrastructure (EUI), Gas Utilities and Infrastructure (GUI), and Commercial Renewables (CR). It has operations in Indiana, Florida, Kentucky, Tennessee, North Carolina, Ohio, and South Carolina in the US. Read More

Historical electricity data series updated annually in July alongside the publication of the Digest of United Kingdom Energy Statistics (DUKES).

Duke Energy's operating revenue amounted to approximately 29 billion U.S. dollars in fiscal year 2023, the highest figure recorded in the period under consideration. The North Carolina-based electricity and natural gas provider saw its operating revenue almost triple in the past decade. Duke Energy is one of the largest electric utilities in the United States, based on market value. The fiscal year end of the company is December, 31st.

This polygon service represents easements acquired by Duke Energy and Piedmont Natural Gas, either directly or from legacy companies, for purposes of energy transmission throughout North Carolina. The layer is updated monthly. If you have questions or comments, please contact us at LandServicesGIS@duke-energy.com

The size of the North America Thermal Power Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 0.91% during the forecast period. The North American thermal power market accounts for a dominant share in the regional energy scenario, mainly on account of the generation of electricity from fossil fuels like coal, natural gas, and oil. Despite the fact that conventional reliance has been on coal-based power plants, the market has witnessed a marked shift toward natural gas, largely given its significantly lower emissions and sufficiently large supply quantity, especially after the technologies related to hydraulic fracturing and horizontal drilling became available. This transition is transforming the landscape of thermal power as natural gas plants are coming into favor, increasingly due to their flexibility and efficiency. With electricity demand remaining on a high growth trajectory, thermal power remains an indispensable component of the security of supply, offering baseload power. Challenges in the market are, however growing; they include strict environmental regulations to reduce greenhouse gas emissions that are forcing many utilities to close or repurpose coal plants. The penetration of renewable energy sources, such as wind and solar, is also taking an increasing influence over the dynamics of the thermal power market. The opportunities are plenty, though challenges abound, for added efficiency and retrofitting the existing power plants with cleaner technologies. Innovations in carbon capture and storage (CCS) may further increase the sustainability of thermal power generation. Thus, while change abounds, this market for thermal power in North America is transforming but still at the heart of energy mix in the region Recent developments include: November 2023: GE Vernova’s Gas Power business announced that it would support the development of an end-to-end green hydrogen system that Duke Energy plans to build and operate at its DeBary plant, located in Volusia County, Florida, near Orlando. When operational in 2024, the new hydrogen system will provide peak power to Duke’s customers at times of increased electricity demand. The plant is expected to be the first in the United States and among the world’s first power plants to produce and use green hydrogen to power a gas turbine for peaking power applications when the grid requires additional electrical generation to meet demand. The production, storage, and end-use will be co-located at the DeBary power plant. GE Vernova will support the integration of the turbine with green hydrogen, including the upgrade of one of the four GE 7E gas turbines installed at the site to accommodate hydrogen fuel blends of significant volumes., November 2022: The United States Government announced that eight natural gas-fired combined-cycle gas turbine (CCGT) power plants had come online in the United States. Based on estimates and data from the United States Monthly Electric Generator Inventory, these new plants were expected to add 7,775 megawatts (MW) of electric-generating capacity to the United States electric grid., May 2022: JERA Co., Inc., through its subsidiary JERA Americas Inc., entered into a stock purchase agreement with an affiliate of funds managed by Stonepeak for the acquisition of a 100% interest in the thermal power generation projects in Massachusetts and Maine in the United States. The two projects, which had a combined capacity of approximately 1.63 GW, are the Canal Thermal Power Station in Massachusetts and the Bucksport Thermal Power Station in Maine.. Key drivers for this market are: 4., Increasing Investments in Thermal Power Plants. Potential restraints include: 4., Increase in Renewable Energy Share in the Total Power Generation Mix. Notable trends are: Natural Gas to Dominate the Market.

Electric utilities and infrastructure generated the majority of Duke Energy's operating revenue, at 26.9 billion U.S. dollars in fiscal year 2023. At that same time, the North Carolina-based electricity and natural gas provider reported operating revenues of around 2.3 billion U.S. dollars in its gas utilities and infrastructure segment. In November 2022, Duke Energy committed to a plan to sell the Commercial Renewables Disposal Groups. The Commercial Renewables Disposal Groups were classified as held for sale and as discontinued operations in 2022, hence generated no revenue in 2022 and 2023.

The data was collected from various sources including easement documents and company rights of way maps for transmission lines. This layer is a work in progress, updated monthly: where available, the county deed book and page number for the recorded easement have been provided. If you have questions or comments, please contact us at LandServicesGIS@duke-energy.com.DISCLAIMER: All information provided by Duke Energy is for general informational purposes only. Duke Energy makes no representation or warranty whatsoever regarding the completeness or accuracy of this information and assumes no responsibility or liability for any damages arising out of recipient’s use of or reliance upon this information. This information shall not be used or relied upon by recipient to relieve it of complying with or undertaking any necessary or prudent acts, diligence or obligations in connection with the subject matter addressed herein or recipient’s intended purposes, including, without limitation, use of 811 before performing any digging and obtaining an encroachment permit from Piedmont Natural Gas.”

[Keywords] Market include TEPCO, Enel, Exelon, General Electric Co, State Grid Corporation of China