IIR Energy - Duke Energy's Net-Zero Emissions Goal Drives Investment Strategy

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Duke Energy's Net-Zero Emissions Goal Drives Investment Strategy

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SUGAR LAND--November 5, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Like other U.S. power companies, Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) has set a goal of net-zero carbon emissions by 2050, with an interim goal of a 50% reduction from 2005 levels by 2030. The strategy is guiding Duke's decisions in capital investments, with several renewable energy projects on the table and the relicensing of existing nuclear plants a priority.

Other companies featured: First Solar (NASDAQ:FSLR)

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Industry Segment: Power
Word Count: 743 Words