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Duke Energy Files Carolinas Plan Pivoting to Nuclear and Gas, Extending Coal, Dropping Wind Through 2040

Regulators will weigh the proposal in 2026.

Overview

  • The plan adds five combined-cycle gas plants and seven combustion turbines to serve load growth Duke says is eight times the prior 15 years.
  • Coal retirements would be delayed two to four years at Belews Creek, Cliffside and Marshall to preserve capacity.
  • Duke broadens nuclear options to include SMRs at Belews Creek or a large light‑water reactor in Cherokee County, targeting 2037 service.
  • Wind is deemed not economically viable for customers through 2040, with a reassessment promised in two years.
  • Solar targets shift to 4,000 MW by 2034 and battery storage to 5,600 MW, as the filing responds to SB 266 and moves to 2026 regulatory hearings.