2020 Highlights

  • Since 2005, decreased carbon dioxide emissions from electricity generation by over 40 percent, sulfur dioxide emissions by over 95 percent and nitrogen oxides emissions by over 80 percent.
  • Announced a new goal to achieve net-zero methane emissions from our natural gas distribution business by 2030.
  • In 2020, reached a cumulative, multiyear reduction in customer energy consumption of over 20,600 gigawatt-hours, and a reduction in peak demand of nearly 7,000 megawatts (MW).
  • As of year-end 2020, owned, operated or had under contract almost 8,800 MW of wind, solar and biomass.
  • Built momentum around electric vehicle charging pilot programs and announced a plan to electrify Duke Energy’s vehicle fleet.
  • Since 2010, retired 51 units at coal-fired power plants, totaling approximately 6,500 MW of capacity.
  • Reduced water withdrawn for electric generation by 442 billion gallons since 2016.
  • Recycled 80 percent of our solid waste, diverting over 86,000 tons of solid waste from landfills.
  • Brought online North Carolina’s largest battery – a nearly 9-megawatt facility in Asheville.
  • Filed integrated resource plans (IRPs) in North Carolina and South Carolina, outlining six potential pathways to a cleaner energy future over the next 15 years shaped by stakeholder feedback and priorities.

Challenges & Opportunities

  • Continue to move to a low-carbon future by retiring coal plants and replacing them with renewable energy and natural gas plants.
  • Continue to reduce methane leaks in our natural gas distribution business by deploying new technologies, operational efficiencies and damage prevention initiatives. Focus on upstream emissions via supplier and industry efforts.
  • Further strengthen our grid to enable more renewable energy and to protect against cyber and physical threats.
  • Advocate for public policies that advance the innovations necessary to achieve a net-zero carbon future – including longer-duration energy storage, carbon capture, advanced nuclear, hydrogen and other technologies.