Duke Energy signs agreements for 2 GW of data centers in past …

6 days ago · Please let us know if you have feedback. Duke Energy signed agreements in the third quarter of this year to connect 2 GW of new data centers, and anticipates load growth to …

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Duke Energy Seeks Take-or-pay Power Contracts For Data Centers

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May 7, 2024 · Data centers were a top driver of Duke's 3.5% commercial load growth in first three months of the year. By 2028, data centers are expected to make up 25% of 18,000 gigawatt …

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FAQs about Duke Energy signs agreements for 2 GW of data centers in past … Coupon?

Does Duke Energy have a data center contract?

NEW YORK, May 7 (Reuters) - Duke Energy (DUK.N) is pursuing electricity supply contract terms with data centers that include take-or-pay and up-front infrastructure build out payments to guard against volatility in the energy-intensive computing industry, its chief financial officer told Reuters on Tuesday. ...

Does Duke Energy have a'minimum take' agreement?

NEW YORK, Nov 7 (Reuters) - Duke Energy will include minimum take provisions in its agreements for two new gigawatts of U.S. data centers in its service areas, as the utility continues to hammer out details of its power agreements with the businesses, Duke's chief financial officer told Reuters on Thursday. ...

What are Duke Energy's standards?

Our Standards: The Thomson Reuters Trust Principles. Duke Energy will include minimum take provisions in its agreements for two new gigawatts of U.S. data centers in its service areas, as the utility continues to hammer out details of its power agreements with the businesses, Duke's chief financial officer told Reuters on Thursday. ...

Does Duke have a new data center customer?

So far this year, Duke has not signed a new data center customer, but it did execute a minimum take agreement with another large load customer, Savoy said. ...

Are data centers a driver of Duke's commercial load growth?

Data centers were a top driver of Duke's 3.5% commercial load growth in first three months of the year. By 2028, data centers are expected to make up 25% of 18,000 gigawatt hours (GWh) Duke projects in new load from customers, including industrial and commercial businesses. ...

How many GWh will Duke provide by 2028?

Duke expects to provide 18,000 additional gigawatt hours (GWh) of load for new customers by 2028, with data centers accounting for 25 percent of this. In February, the company said it was upping its capital expenditure for 2024 to $73 billion, an increase of $8 billion compared to its previous estimates. ...