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Duke Energy's ready to respond during peak of hurricane season; advanced technology saved 12.5 million minutes of customer outages during Hurricane Debby

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Duke Energy Florida, a subsidiary of Duke Energy (NYSE: DUK), has demonstrated its readiness for the peak hurricane season through advanced grid-strengthening efforts and technology implementation. During Hurricane Debby, a Category 1 storm that hit Florida's Big Bend on Aug. 5, 2024, the company's self-healing technology saved over 12.5 million minutes of customer outage time and automatically restored more than 62,000 customer outages. This technology, serving 76% of Duke Energy Florida customers, can reduce outages by up to 75% and often restore power in less than a minute.

The company's Storm Protection Plan enabled 93% of customers to have power restored within 24 hours after Hurricane Debby's landfall. Duke Energy Florida has been continuously upgrading its infrastructure, with 48% of primary power lines now underground, over 40,000 poles hardened in the past three years, and extensive vegetation management completed.

Duke Energy Florida, una filiale di Duke Energy (NYSE: DUK), ha dimostrato la propria preparazione per la stagione uragane di punta attraverso avanzati sforzi di rafforzamento della rete e l'implementazione di tecnologie. Durante l'Uragano Debby, una tempesta di categoria 1 che ha colpito il Big Bend della Florida il 5 agosto 2024, la tecnologia di auto-ripristino dell'azienda ha salvato oltre 12,5 milioni di minuti di tempo di interruzione per i clienti e ha ripristinato automaticamente più di 62.000 interruzioni di servizio. Questa tecnologia, che serve il 76% dei clienti di Duke Energy Florida, può ridurre le interruzioni fino al 75% e spesso ripristina l'energia in meno di un minuto.

Il piano di protezione dalle tempeste dell'azienda ha permesso che il 93% dei clienti ripristinasse l'energia entro 24 ore dopo l'atterraggio dell'Uragano Debby. Duke Energy Florida ha continuato a migliorare la propria infrastruttura, con il 48% delle linee elettriche principali ora sotterranee, oltre 40.000 pali rinforzati negli ultimi tre anni e una gestione della vegetazione estesa completata.

Duke Energy Florida, una subsidiaria de Duke Energy (NYSE: DUK), ha demostrado su preparación para la temporada pico de huracanes a través de esfuerzos avanzados para fortalecer la red y la implementación de tecnología. Durante el Huracán Debby, una tormenta de categoría 1 que impactó la región de Big Bend en Florida el 5 de agosto de 2024, la tecnología de auto-reparación de la empresa ahorró más de 12,5 millones de minutos de tiempo de interrupción para los clientes y restauró automáticamente más de 62,000 interrupciones de servicio. Esta tecnología, que sirve al 76% de los clientes de Duke Energy Florida, puede reducir las interrupciones hasta en un 75% y a menudo restaura la energía en menos de un minuto.

El Plan de Protección contra Tormentas de la compañía permitió que el 93% de los clientes recuperaran la energía en 24 horas después del aterrizaje del Huracán Debby. Duke Energy Florida ha estado mejorando continuamente su infraestructura, con un 48% de las líneas eléctricas principales ahora bajo tierra, más de 40,000 postes endurecidos en los últimos tres años y una gestión extensiva de la vegetación completada.

Duke Energy Florida는 Duke Energy의 자회사(NYSE: DUK)로서, 고급 전력망 강화 작업과 기술 구현을 통해 허리케인 성수기에 대한 준비 태세를 보여주었습니다. 허리케인 데비라는 카테고리 1 폭풍이 2024년 8월 5일 플로리다의 빅 벤드를 강타했을 때, 회사의 자기 치유 기술 덕분에 1250만 분 이상의 고객 정전 시간이 절약되었고 62,000건 이상의 고객 정전이 자동으로 복구되었습니다. 이 기술은 Duke Energy Florida 고객의 76%에 서비스를 제공하며, 정전을 최대 75% 줄일 수 있고 종종 1분 이내에 전력을 복구합니다.

회사의 폭풍 보호 계획 덕분에 93%의 고객이 허리케인 데비의 육지 도착 후 24시간 이내에 전기를 복구했습니다. Duke Energy Florida는 지속적으로 인프라를 개선해왔으며, 현재 48%의 주된 전력선이 지하에 있고, 지난 3년 동안 40,000개 이상의 전봇대가 강화되었으며, 방대한 식생 관리가 완료되었습니다.

Duke Energy Florida, une filiale de Duke Energy (NYSE: DUK), a démontré sa préparation pour la saison des ouragans de pointe grâce à des efforts avancés de renforcement du réseau et à la mise en œuvre de technologies. Lors de l'Ouragan Debby, une tempête de catégorie 1 qui a frappé le Big Bend en Floride le 5 août 2024, la technologie d'auto-réparation de l'entreprise a permis d'économiser plus de 12,5 millions de minutes de temps de coupure pour les clients et a automatiquement rétabli plus de 62 000 interruptions de service. Cette technologie, qui dessert 76% des clients de Duke Energy Florida, peut réduire les coupures allant jusqu'à 75% et rétablit souvent l'électricité en moins d'une minute.

Le plan de protection contre les tempêtes de l'entreprise a permis que 93% des clients retrouvent le courant dans les 24 heures suivant l'atterrissage de l'Ouragan Debby. Duke Energy Florida a continuellement amélioré son infrastructure, avec 48% des lignes électriques principales maintenant souterraines, plus de 40 000 poteaux renforcés au cours des trois dernières années, et une gestion extensive de la végétation réalisée.

Duke Energy Florida, eine Tochtergesellschaft von Duke Energy (NYSE: DUK), hat ihre Bereitschaft für die Spitzen-Hurrikansaison durch fortschrittliche Maßnahmen zur Stärkung des Stromnetzes und die Implementierung von Technologien unter Beweis gestellt. Während Hurrikan Debby, einem Sturm der Kategorie 1, der am 5. August 2024 den Big Bend in Florida traf, rettete die Selbstheilungstechnologie des Unternehmens über 12,5 Millionen Minuten an Kundenunterbrechungszeit und stellte mehr als 62.000 Kundenunterbrechungen automatisch wieder her. Diese Technologie, die 76% der Kunden von Duke Energy Florida bedient, kann Unterbrechungen um bis zu 75% reduzieren und stellt oft innerhalb von weniger als einer Minute den Strom wieder her.

Der Sturm-Schutplan des Unternehmens ermöglichte es, dass 93% der Kunden innerhalb von 24 Stunden nach dem Landfall von Hurrikan Debby wieder Strom hatten. Duke Energy Florida hat seine Infrastruktur kontinuierlich verbessert, wobei 48% der Hauptstromleitungen jetzt unterirdisch verlaufen, in den letzten drei Jahren über 40.000 Masten verstärkt wurden und eine umfangreiche Vegetationspflege abgeschlossen wurde.

Positive
  • Self-healing technology saved 12.5 million minutes of customer outage time during Hurricane Debby
  • 93% of customers had power restored within 24 hours after Hurricane Debby's landfall
  • 76% of Duke Energy Florida customers are served by self-healing technology
  • 48% of primary power lines are now underground, better protected from wind damage
  • Over 40,000 poles have been hardened through the Storm Protection Plan in the past three years
Negative
  • None.

Duke Energy's grid improvements and advanced technology demonstrate significant progress in storm resilience and reliability. The 12.5 million minutes of customer outage time saved during Hurricane Debby is a substantial achievement, highlighting the effectiveness of their Storm Protection Plan. The self-healing technology, now serving 76% of customers, is a game-changer in rapid power restoration.

The company's proactive approach, including underground cable installation and pole hardening, shows a long-term commitment to infrastructure resilience. With 48% of primary power lines underground, Duke Energy is well-positioned to mitigate wind damage risks. The ongoing expansion of substations and circuits also indicates preparedness for Florida's growing energy demands.

These investments not only enhance storm readiness but also support the state's rapid growth, potentially leading to improved customer satisfaction and reduced operational costs in the long run. However, investors should monitor the capital expenditure required for these improvements and its impact on the company's financial performance.

Duke Energy's investments in grid resilience and advanced technology present a positive outlook for long-term financial stability. The rapid power restoration capabilities demonstrated during Hurricane Debby - with 93% of customers restored within 24 hours - suggest potential for reduced storm-related costs and improved operational efficiency.

The company's proactive infrastructure improvements, including the hardening of over 40,000 poles in three years, indicate a strategic allocation of capital that could lead to lower maintenance costs and fewer outage-related expenses in the future. This approach aligns well with regulatory expectations and could potentially support favorable rate case outcomes.

Investors should note that while these investments require significant upfront capital, they position Duke Energy favorably in a region prone to severe weather events. The focus on reliability and customer service could translate to stronger customer retention and potential revenue growth, especially as Florida's population continues to expand. However, it's important to monitor how these investments impact the company's debt levels and overall financial health in the short to medium term.

  • Grid improvements producing record-breaking reliability

ST. PETERSBURG, Fla., Sept. 10, 2024 /PRNewswire/ -- Duke Energy's year-round grid-strengthening work and advanced technology help keep Florida communities resilient and better protected against disasters such as hurricanes.

"Regardless of when and where the next storm strikes," said Melissa Seixas, Duke Energy Florida state president, "Duke Energy is ready, and we encourage our customers to take this time to reassess and communicate their emergency response plans with their families, friends, neighbors and employees."

According to the National Hurricane Center, the peak of the Atlantic hurricane season is Sept. 10, with most activity occurring between mid-August and mid-October.

Hurricane Debby, a powerful Category 1 storm, made an early landfall in Florida's Big Bend on Aug. 5. Duke Energy's Storm Protection Plan, including its advanced self-healing technology and year-round infrastructure work, is making a difference when it comes to improving reliability.

During Hurricane Debby, the company's self-healing technology saved more than 12.5 million minutes of customer total outage time and automatically restored more than 62,000 customer outages.

While a self-healing system can't repair the physical damage to the power line that a human crew must repair, it can reduce the number of customers affected by a power outage by up to 75% and can often restore power in less than a minute. More than 76% of Duke Energy Florida customers are served by this technology.

These investments enabled Duke Energy Florida to quickly restore power for 93% of its customers within 24 hours after Hurricane Debby made landfall.

"Throughout the year and across the 35 counties we operate in, Duke Energy teams are upgrading thousands of poles and wires, managing trees and vegetation, strategically placing outage-prone lines underground, enhancing substations and installing smart, self-healing technology that can automatically detect power outages and quickly restore power when an outage occurs," said Seixas.

  • During hurricanes Ian, Nicole and Idalia, self-healing technology helped save more than 200 million outage minutes for Duke Energy Florida customers.
  • Approximately 48% of Duke Energy Florida's primary power lines are underground and better protected from wind damage. The company will continue to install underground cable in areas that are identified as the most outage-prone areas.

  • Teams have completed more than 4,000 miles of maintenance trimming on Duke Energy Florida's distribution lines and 600 miles of planned work on the transmission side.

  • Over the past three years, more than 40,000 poles have been hardened through the Storm Protection Plan.

  • Additionally, the company is expanding capacity of the electric grid by building new substations, expanding existing substations and installing new or larger circuits to provide reliable service in the growing state. Duke Energy has completed optimization of 12 substations, with another 50 in flight in Florida.

"We understand this work can be invasive and disruptive during blue sky days," Seixas continued. "We appreciate our customers' patience as our teams work to protect and improve the service that you, your homes, businesses, schools, public safety facilities and hospitals rely on every single day."

In addition to making improvements and upgrades to its systems to enhance its storm readiness as well as support the rapid growth of our Florida communities, Duke Energy also credits its rapid response to decades of lessons learned and key collaborations with first responders as well as federal, state and local emergency management agencies.

For more information on the company's storm response during Hurricane Debby, visit https://illumination.duke-energy.com/articles/grid-investments-enable-quick-response-to-hurricane-debby.

For tips on how to prepare for severe weather, please visit duke-energy.com/StormTips.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on TwitterLinkedInInstagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact: Audrey Stasko
Media line: 800.559.3853
Twitter: @DE_AudreyS

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energys-ready-to-respond-during-peak-of-hurricane-season-advanced-technology-saved-12-5-million-minutes-of-customer-outages-during-hurricane-debby-302243816.html

SOURCE Duke Energy

FAQ

How did Duke Energy's (DUK) technology perform during Hurricane Debby in 2024?

During Hurricane Debby in 2024, Duke Energy's self-healing technology saved over 12.5 million minutes of customer outage time and automatically restored more than 62,000 customer outages.

What percentage of Duke Energy Florida customers have power restored within 24 hours after Hurricane Debby?

Duke Energy Florida was able to restore power for 93% of its customers within 24 hours after Hurricane Debby made landfall.

How many Duke Energy Florida (DUK) customers are served by self-healing technology?

More than 76% of Duke Energy Florida customers are served by self-healing technology, which can reduce outages by up to 75% and often restore power in less than a minute.

What percentage of Duke Energy Florida's primary power lines are underground as of 2024?

Approximately 48% of Duke Energy Florida's primary power lines are underground and better protected from wind damage as of 2024.

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