Duke Energy to provide update on its clean energy transition on Oct. 4

Rhea-AI Summary

Duke Energy (NYSE: DUK) will host a virtual presentation on Oct. 4, 2022, from 10 a.m. to 12 p.m. ET, to discuss its progress in delivering affordable and reliable clean energy. Key executives, including Lynn Good and Brian Savoy, will detail the company’s long-term strategy and business initiatives. The presentation can be accessed via the investor section of Duke Energy’s website or through a direct call. The company is committed to achieving net-zero carbon emissions by 2050 and has significant investments in clean energy technologies and grid enhancements.

Positive

• Duke Energy commits to net-zero carbon emissions by 2050, enhancing long-term sustainability.
• The company is investing in clean energy technologies like hydrogen and advanced nuclear.

Negative

• None.

CHARLOTTE, N.C., Sept. 27, 2022  /PRNewswire/ -- Duke Energy (NYSE: DUK) will host a virtual presentation to provide an update on its progress for delivering affordable, reliable and increasingly clean energy to customers from 10 a.m. to 12 p.m. ET on Tuesday, Oct. 4, 2022.

Duke Energy Chair, President and CEO Lynn Good, Executive Vice President and Chief Financial Officer Brian Savoy and other members of the Duke Energy executive team will provide updates on the company's long-term strategy and other business initiatives.

The meeting webcast can be accessed via the investors' section (duke-energy.com/investors) of Duke Energy's website or by dialing 800-579-2543 in the U.S. or 203-518-9848 outside the U.S. The conference ID is DUKE. Please call in 10 to 15 minutes prior to the scheduled start time. The presentation materials will be posted to the Duke Energy IR website the morning of Oct. 4. For those unable to view the live webcast, a replay will be available for 30 days by accessing the same link as listed above.

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 28,000 people. 

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. 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 2022 "World's Most Admired Companies" list and Forbes' "America'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.

Media contact: Neil Nissan
24-Hour: 800.559.3853

Analyst contact: Jack Sullivan
980.373.3564

 

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SOURCE Duke Energy

FAQ

What is Duke Energy's commitment regarding carbon emissions?

Duke Energy aims for net-zero carbon emissions by 2050.

When will Duke Energy's virtual presentation take place?

Duke Energy's virtual presentation is scheduled for Oct. 4, 2022.

Who will be presenting at the Duke Energy update on Oct. 4, 2022?

Key executives, including Chair and CEO Lynn Good and CFO Brian Savoy, will present.

How can I access Duke Energy's virtual presentation?

The presentation can be accessed via Duke Energy's investors' section on their website or by phone.

What major strategies will Duke Energy discuss during the presentation?

Duke Energy will discuss its long-term strategy for delivering clean energy and business initiatives.