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Duke Energy Announces Planned Exit from Coal

Duke Energy Announces Planned Exit from Coal

power

Industry Segment: Power | Word Count: 752 Words

SUGAR LAND--February 11, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Like other power companies, Duke Energy Corporation (NYSE:DUK) is aiming for net-zero carbon emissions by 2050. And to do this, Duke will proceed with what it calls "the largest planned coal retirement in the industry," with the aim for coal generation to be less than 5% of its fuel mix by 2030 and a complete exit from the fossil fuel by 2035.

Other companies featured: First Solar (NASDAQ:FSLR)

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