Duke Energy Corporation

Powering the future will require utilities to explore innovative ideas and engage in unique partnerships to meet the evolving needs of customers. Yesterday’s announcement of our partnership with GE Vernova represents progress toward meeting that moment. This exciting partnership allows us to procure up to 11 American-made GE Vernova natural gas turbines — in addition to eight recently secured gas turbines — ensuring we have the resources needed to build critical infrastructure at the speed of innovation and economic development growth in our service areas. We value our collaboration with forward-thinking partners like GE Vernova, who assist us in advancing our energy modernization. This partnership is a clear path forward in our mission to provide reliable energy while keeping costs as low as possible for customers. This deal helps ensure we are well-prepared to meet even the most robust growth scenarios in the future. We look forward to the positive impact this partnership will have on our communities. http://spr.ly/6049294Dz.

Our Duke Energy Foundation team works every day to maximize the positive impact we make in the communities we power. In storm seasons like the one that brought Hurricanes Helene and Milton back-to-back, their work is all the more critical. Some keys to their success? Listening as a superpower, being deeply embedded in all areas of the company, and trust in the expertise of local boots on the ground. Duke Energy Foundation President Amy Strecker discusses that and more in this Purpose 360 Podcast. https://lnkd.in/gv4rkt6F.

Historically, eels thrived in the Pee Dee River, but in 1912, a Duke Energy dam near the North Carolina/South Carolina border blocked their migration. A newly constructed eel ladder at Blewett Falls Hydroelectric Station in Lilesville, N.C., is changing that. "By restoring access to hundreds of miles of habitat, the American eel can access previously blocked upstream riverine habitat," said Jason Brown, lead Environmental Health & Safety consultant at Duke Energy. "We want to bring the river systems back to what they once were." https://lnkd.in/gSgKuqJd.

Happy National Lineworker Appreciation Day! Today, we celebrate the dedication and hard work of our lineworkers who play a vital role in maintaining and upgrading the energy grid. #ThankALineworker in the comments or wave when you see them working in your neighborhood.

We go beneath the surface with Taylor Eaton to service underground lines in Cincinnati. #ThankaLineworker

"We’ll do anything to help each other out. We’re more than just coworkers.” When an Asheville Operations Center line team heard that Helene’s rising floodwaters were threatening lineworker Drew Hall’s home, they rushed into action to help salvage what they could of his family’s belongings. Once his family was safe, Drew and his colleagues rejoined the fight to restore power for western North Carolina. #ThankALineworker Read Drew's full story: http://spr.ly/60432DfJd.

Big things happening for nuclear energy! Oconee Nuclear Station, the largest station in Duke Energy’s nuclear fleet, recently received its second 20-year license renewal, enabling the station to continue generating reliable energy into the 2050s. Nuclear power plants are initially licensed for 40 years but can safely operate much longer when properly maintained. With Oconee's latest renewal, its three units will continue generating power for an additional 20 years, accommodating the growth underway in the Carolinas. Oconee is the first plant in Duke Energy’s nuclear fleet – and one of the first in the nation – to secure a subsequent license renewal, setting the stage for the company’s broader plan to renew the licenses of all 11 nuclear units in the Carolinas. Just this week, Duke Energy submitted its subsequent license renewal application for Robinson Nuclear Plant, located near Hartsville, S.C. Duke Energy’s nuclear fleet provides more than half of the electricity used by customers in the Carolinas. Oconee’s three reactors generate more than 2,500 megawatts – enough to power 1.9 million homes. Learn more: http://spr.ly/6049FFZPl.

As part of the GETSET initiative, EPRI is investing in the testing and demonstration of advanced conductors and other grid-enhancing technologies (GETs) to understand their implementation impacts on grid operations, operational cost reductions, life expectancy, and reliability for energy companies. EPRI’s Corporate VP of Transmission and Distribution Infrastructure, Andrew Phillips, hosted Brian Savoy, Duke Energy Corporation Executive VP and Chief Financial Officer as well as an EPRI board member, in our Charlotte Transmission & Distribution lab this week. They observed the short- and long-term testing and analysis of many types of advanced conductors as well an advanced power flow controller to help increase the capacity of existing transmission lines. Compared to conventional transmission equipment, advanced transmission conductors have inherent advantages of operating at higher temperatures with less sag, enabling higher electricity currents and consequently increasing transmission line capacity. EPRI’s labs evaluate new and existing designs, technologies, and assets, enabling engineers and planners to improve the way that they design and manage the energy system. During the tour, Brian also observed the testing and evaluation of a range of technologies that provide the technical basis to extend the life of existing assets, including power transformers and insulators. See more about our GET SET initiative here: https://lnkd.in/ec8DaJjS See more about EPRI labs here: https://lnkd.in/eiFFeixM

William States Lee designed 32 hydroelectric facilities and was the first to design a system for long-distance power transmission. His work, carried out over a century ago, played a significant role in transforming the Carolinas. But Lee’s impact was not just about building power plants – it was about overcoming difficult challenges. “Our company’s founders had the foresight to build power plants that would fuel the rapid industrial growth," said Preston Gillespie, executive vice president, chief generation officer and enterprise operational excellence. “Today, Duke Energy is faced with a similar challenge – transforming and modernizing our system to meet unprecedented growth and opportunity due to the renaissance of U.S. manufacturing, artificial intelligence and electrification.” Read more on Lee's legacy and how his work continues to guide Duke Energy as it meets the needs of its customers at pivotal moments: http://spr.ly/6040Fo2Xp.

On April 1, Harry Sideris succeeded Lynn Good as Duke Energy CEO following her retirement. Over his 29 years with the company, Sideris has learned every aspect of this complex business and played a key role in many pivotal moments. He now guides the team into the next chapter as the company embraces new opportunities surrounding increased energy demand. “It’s the honor of my life to lead Duke Energy as we innovate and reimagine the energy system for the decades to come.” Read more: https://lnkd.in/eespgga3.