Duke Energy Files Integrated Resource Plan For South Carolina
August 15 2023 - 7:17PM
Dow Jones News
By Stephen Nakrosis
Duke Energy Carolinas and Duke Energy Progress said their
Integrated Resource Plan in South Carolina envisions an "all of the
above" approach to future energy generation.
The company filed its Integrated Resource Plan, or IRP, with the
Public Service Commission of South Carolina on Tuesday.
The plan includes three energy portfolios which provide a range
of generation options reflecting its approach to providing power as
the state's population and energy consumption grows. The company
said it recommends the plan's Portfolio 3 as the most prudent path
to comply with state and other applicable laws.
Portfolio 3 includes plans to extend the lives of Duke's nuclear
plants. It also envisions extending the license of the Bad Creek
pumped hydro storage facility while doubling peak hourly capacity,
Duke said. It also envisions new hydrogen-capable natural gas
resources, energy storage and small modular nuclear reactors
complemented by fuel-free renewable energy, the company said.
Duke will also file a resource plan to the North Carolina
Utilities Commission in the coming days.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
August 15, 2023 19:02 ET (23:02 GMT)
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