Duke Energy Innovates for Expedited Restoration

Rhea-AI Summary

Duke Energy showcases its innovative approach to storm restoration through their in-house developed tool called AIR, which proved effective during Hurricanes Helene and Milton. The utility company, serving 8.2 million electric customers across six states and 1.6 million natural gas customers across five states, demonstrates its commitment to technological advancement and community service.

The company is actively pursuing an ambitious clean energy transition, targeting net-zero methane emissions from natural gas operations by 2030 and net-zero carbon emissions from electricity generation by 2050. With interim goals including 50% carbon emission reduction by 2030 and 80% by 2040, Duke Energy continues to invest in grid enhancements and explore zero-emission technologies.

NORTHAMPTON, MA / ACCESSWIRE / November 14, 2024 / I think it's funny when people say 'utilities aren't known as innovators'. They've not seen us in storm mode.

We adapt technology we built to the chaos of storms, and it's world class. I made this video to tell that story.

AIR is a tool that expedited restoration efforts during Hurricanes Helene and Milton. It was built in-house by Duke Energy Corporation employees who have a massive stake in the communities they serve because they live in them.

Thank you Maya Hutchins, Joe Santella, Brian Anderson and Tyler Johnson for sharing your story and the incredible work you do.

Duke Energy

Duke Energy (NYSE:DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people.

Duke Energy is executing an ambitious clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2023 "World's Most Admired Companies" list and Forbes' "World's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

View original content here.

View additional multimedia and more ESG storytelling from Duke Energy on 3blmedia.com.

Contact Info:
Spokesperson: Duke Energy
Website: https://www.3blmedia.com/profiles/duke-energy
Email: info@3blmedia.com

SOURCE: Duke Energy

View the original press release on accesswire.com

FAQ

What is Duke Energy's AIR tool and how was it used in recent hurricanes?

Duke Energy's AIR tool is an in-house developed technology that helped expedite power restoration efforts during Hurricanes Helene and Milton. It was created by Duke Energy (DUK) employees to improve storm response efficiency.

What are Duke Energy's (DUK) clean energy targets for 2030 and 2050?

Duke Energy aims to achieve net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. They also target a 50% carbon emission reduction from electric generation by 2030.

How many customers does Duke Energy (DUK) serve in 2024?

Duke Energy serves 8.2 million electric customers across North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, and 1.6 million natural gas customers across North Carolina, South Carolina, Tennessee, Ohio, and Kentucky.