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Dennis Wamsted
How Duke Energy's Carolina IRPs over-rely on gas while overlooking renewable energy options
Don’t miss IEEFA’s webinar on Duke Energy’s Carolina integrated resource plans (IRPs) and how the company over-relies on gas-fired generation while underrating renewables-based options ⎼ a recurring oversight in utility planning efforts in the U.S. Log in Thursday, April 15th at 1:00 p.m. EDT for an accessible deep-dive with IEEFA energy analyst Dennis Wamsted who will explore current plans and […]
Press Release and Dennis Wamsted
Lessons may apply to other parts of the U.S. planning new gas investments and sidestepping renewables
Discover how Duke Energy’s Carolina integrated resource plans (IRPs) over-rely on gas-fired generation while largely ignoring renewables-based options ⎼ a recurring oversight in utility planning efforts in the U.S. Log in Thursday, April 15th at 1:00 p.m. EDT for an accessible deep-dive with IEEFA energy analyst Dennis Wamsted who will explore current plans and discuss alternatives. Drawing on an in-depth […]
Press Release, Dennis Wamsted, Seth Feaster and David Schlissel
IEEFA analysts explain why solar, wind and battery storage are poised to push fossil generation off the grid
April 2, 2021 (IEEFA) ⎼ The Institute for Energy Economics and Financial Analysis will host a webinar on Thursday, April 8, 2021 to present findings from its recently released U.S. Power Sector Outlook 2021. Authors Dennis Wamsted, Seth Feaster, and David Schlissel will show how lower-cost wind and solar, coupled with battery storage, is rapidly […]
Press Release and Dennis Wamsted
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storage
April 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]
Press Release, Dennis Wamsted, Seth Feaster and David Schlissel
Coal, gas set to become biggest losers as renewable generation climbs quickly
March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]
IEEFA
ReNews.biz: Duke Energy Renewables has begun commercial operation of the largest wind farm in its fleet, the 350MW Frontier 2 project in Oklahoma. The wind farm, in Kay County, is an expansion of the 200MW Frontier 1 project, operational since 2016. Frontier 1 and 2 have a total capacity of 550MW. AT&T and Ball Corporation […]
Press Release, Cathy Kunkel, Suzanne Mattei and Clark Williams-Derry
Falling demand, legal and regulatory challenges spell financial peril for pipeline project
March 8, 2021 (IEEFA) — A 303-mile pipeline that would move natural gas from the Appalachian Basin to markets in the eastern and southern U.S. is in financial jeopardy because of reduced demand projections and legal challenges, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The Mountain […]
Dennis Wamsted
Duke Energy releases electricity sales figures for North Carolina in 2020, down 5%
Duke Energy reported this month that total retail sales at its two North Carolina utilities dropped to 117,970 gigawatt-hours (GWh) in 2020, down 6,114GWh from the year before—undercutting the entire growth analysis in the companies’ pending integrated resource plans (IRPs). The starting point for those plans was roughly 124,000GWh, with projections of 1% annual growth. […]
Press Release and Dennis Wamsted
Utility claims natural gas is cheaper than battery storage
February 18, 2021 (IEEFA) — Duke Energy’s plans for its two utilities in the Carolinas rely on outdated cost estimates to avoid expanding battery storage capacity, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA). In their latest integrated resource plans (IRPs), Duke Energy Progress and Duke Energy Carolinas […]
Press Release and Dennis Wamsted
More realistic estimates would undercut case for new gas-fired generation
February 3, 2021 (IEEFA) — Forecasts used by Duke Energy that predict steadily rising demand for electricity in the Carolinas ignore the company’s sales history in the past 15 years, which have been essentially flat, and should be challenged by state regulators, according to a new study by the Institute for Energy Economics and Financial […]
IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storageApril 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]