Natural Gas: Moving to a Cleaner, Low-Carbon Future

Natural gas will play a key role as Duke Energy continues to move toward a cleaner, low-carbon future.

The 2016 acquisition of Piedmont Natural Gas added 1 million natural gas customers in North Carolina, South Carolina and Tennessee to Duke Energy’s existing customer base of 525,000 natural gas customers and 7.5 million electric customers. Piedmont’s Tennessee service territory, including the fast-growing Nashville region, represents a new geographical area for Duke Energy. Piedmont retained its name and now operates as a business unit of Duke Energy.

Two major underground interstate natural gas pipelines, partly owned by Duke Energy, also continue to move forward:

  • Construction of the Sabal Trail Pipeline – traversing Alabama, Georgia and Florida – began in 2016 following Federal Energy Regulatory Commission (FERC) approval. The 515-mile project is scheduled to open in 2017.
  • FERC staff in 2016 issued a positive draft environmental impact statement for the proposed Atlantic Coast Pipeline, finding that the project can be built in an environmentally responsible way. The approximately 600-mile pipeline – from West Virginia through Virginia to North Carolina – is scheduled to open in 2019, pending final regulatory approval.

In addition, four natural gas-fired power plants are joining Duke Energy’s electricity generation fleet. The company acquired an existing plant in Polk County, Fla., in January 2017, and is building new plants in Anderson County, S.C. (opening in 2017); Citrus County, Fla. (opening in 2018); and Buncombe County, N.C. (opening in 2019). The three new plants are replacing older coal-fired plants.

The 2016 acquisition of Piedmont Natural Gas added 1 million natural gas customers in North Carolina, South Carolina and Tennessee to Duke Energy’s existing customer base of 525,000 natural gas customers and 7.5 million electric customers.