Welcome to our dedicated page for Duke Energy news (Ticker: DUK), a resource for investors and traders seeking the latest updates and insights on Duke Energy stock.
Duke Energy Corporation (NYSE: DUK), a leading U.S. energy provider, maintains this comprehensive news resource for stakeholders seeking official updates and strategic developments. Our curated collection features timely press releases, regulatory filings, and operational announcements directly from Duke Energy and verified sources.
Investors and industry professionals will find essential updates including quarterly earnings reports, infrastructure investment plans, renewable energy initiatives, and regulatory compliance matters. The repository serves as a reliable reference for tracking the company's progress in grid modernization, natural gas distribution improvements, and clean energy transitions.
All content is organized to facilitate quick access to critical information about service territory expansions, rate case decisions, and sustainability commitments. Bookmark this page for streamlined monitoring of Duke Energy's operational milestones and strategic positioning within the evolving utilities sector.
Duke Energy (NYSE: DUK) announced plans to invest $145 billion over the next decade to enhance energy infrastructure, aiming for net-zero carbon emissions by 2050. This investment includes $75 billion for transmission and distribution upgrades, $40 billion for zero-carbon generation, and $5 billion for hydrogen technologies. The plan is expected to create over 20,000 jobs annually and generate $250 billion in economic output. Additionally, Duke Energy aims to reduce carbon emissions by over 50% by 2030. The company emphasizes customer affordability and reliability amid rising commodity costs.
Duke Energy has pledged $250,000 for Hurricane Ian relief efforts across Florida, South Carolina, and North Carolina. The funds include $150,000 to the Red Cross and $100,000 to the Volunteer Florida Foundation. An additional $50,000 in matching employee donations is also available. The initiative aims to support community recovery, meals, and emergency services. Over five years, Duke Energy has donated more than $2 million to the Red Cross, reinforcing its commitment to disaster preparedness and response.
Duke Energy Florida has restored power to nearly 1 million customers since Hurricane Ian, with plans to complete restoration by Monday night for all customers capable of receiving power. As of now, about 15,000 customers remain without power. Duke Energy's workforce, which included 10,000 personnel from various states, expedited the restoration process. Significant improvements in grid infrastructure allowed for quicker recovery. Customers in flooded areas must have their electrical systems inspected before reconnection.
Duke Energy Florida has restored power to over 930,000 customers after Hurricane Ian, with 90% of remaining customers expected to regain power by midnight, October 2, 2022. However, some areas still face isolated damage hindering restoration efforts. Despite improved weather conditions, local flooding presents challenges in restoring power across central and eastern counties. Duke Energy is deploying additional crews to expedite restoration in the hardest-hit regions, serving 1.9 million customers statewide.
Duke Energy continues restoration efforts in North Carolina and South Carolina following Hurricane Ian, with nearly 750,000 customers restored. As of 5:00 p.m., approximately 178,500 customers remain without power, primarily in North Carolina. The company expects to restore power to more than 95% of affected customers by tomorrow night. Crews, including specialists from other states and Canada, are focusing on areas with significant structural damage. Restoration progress details, including estimated times, are available on their website.
Duke Energy Florida reports that over 861,000 customers have had power restored following disruptions, with expectations to restore 90% of outages by midnight Sunday. Approximately 171,000 remain without power from a total of 1.9 million served. Restoration efforts are ongoing across several counties, including Pasco and Pinellas, with estimated times of restoration provided. The company has mobilized 10,000 workers to expedite recovery despite challenges from localized flooding.
Duke Energy mobilized over 10,000 crew members to restore power after Hurricane Ian caused extensive damage across the Carolinas. The storm affected 850,000 customers, with nearly 500,000 restorations achieved as of Saturday morning. Major efforts are focused on Wake and Guilford counties, which experienced significant structural damage. Customers can track restoration efforts via Duke Energy's website.
Duke Energy Florida is actively restoring power to customers affected by Hurricane Ian, with a workforce of 10,000 mobilized from various locations. So far, over 650,000 customers have had their power restored, although approximately 430,000 remain without service. Restoration efforts are expected to conclude by October 1 for 90% of customers in Pasco and Pinellas counties, and by October 2 for Lake, Orange, Osceola, and Seminole counties. Duke Energy continues to assess damage and urges customers to report outages through their website or mobile app.
Duke Energy is preparing for Hurricane Ian's impact along South Carolina's coast, with over 10,000 crew members ready to respond to potential power outages. Risks include multiday outages due to high winds, heavy rain, and flooding. Customers are urged to prioritize safety and prepare for outages. The company will assess storm damage and restore power following public health and safety protocols. Duke Energy is also actively managing lake levels in advance of the storm's expected rainfall.
Duke Energy has committed $100,000 to the Florida Disaster Fund to support communities affected by Hurricane Ian. The donation will assist in providing meals, shelter, and emergency services during the recovery phase. Duke Energy has deployed nearly 10,000 workers to restore power across its Florida service areas. The company aims to prioritize customer care during natural disasters, as emphasized by Florida President Melissa Seixas. Duke Energy serves 1.9 million customers in Florida and is focused on enhancing its energy systems.
