Duke Leaders Raise Load Growth, Capex Forecasts

Duke Leaders See Volumes Growing Through Year-EndDuke Looks for ’23 Return to Normal Load Growth | T&D World


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Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

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Feb 8, 2024  · Duke Energy also raised its 2024 load growth projections to about 2% from about 1% in 2023, as new power-intensive projects, population surges in its service areas and a …

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Duke Leaders See Volumes Growing Through Year-End

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Aug 8, 2024  · On top of that, Chair and CEO Lynn Good hinted that Duke’s long-term load growth forecast of 1.5% to 2%—itself a big increase from 0.5% a year ago—is likely to grow once she …

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UPDATE 1-Duke Energy Ups Capex Plan, Raises Customer Growth …

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Feb 8, 2024  · Power and natural gas firm Duke Energy on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase over its previous guidance, and projected …

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Duke Energy Expects Datacenters To Make Up 10% Of Commercial …

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Aug 6, 2024  · Duke Energy Corp. sees datacenter demand rising to 10% of commercial sales in 2028, and the company is crafting resource plans to meet this expected load growth. The …

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Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

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Feb 8, 2024  · By Laila KearneyNEW YORK (Reuters) -Power and natural gas firm Duke Energy on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase …

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Gordon Dolven On LinkedIn: Duke Leaders Raise Load Growth, …

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In addition, they now expect load growth through 2028 to be in the range of 1.5% to 2%, a significant jump from their previous forecast of 0.5% to 1%." T&D World Geert De Lombaerde …

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Duke Looks For ’23 Return To Normal Load Growth | T&D World

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Feb 10, 2023  · Geert De Lombaerde. After two years of electric volume growth topping 2%, Duke Energy Corp. leaders are forecasting a return to a more normal pace in 2023. Charlotte …

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Duke Energy Beats Quarterly Profit Estimates On Sustained Demand ...

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Aug 6, 2024  · Duke reaffirmed its full-year adjusted profit forecast of $5.85-$6.10 per share and long-term earnings-per share growth rate of 5% to 7% through 2028. "The economic …

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Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

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Feb 8, 2024  · Power and natural gas firm Duke Energy DUK on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase over its previous guidance, and …

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Duke Energy Says Data Centers, Manufacturers Driving Its Growth

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Nov 7, 2024  · It forecast that data center load will grow to 10% of total commercial sales in 2028 from 3% in 2023. Duke added that the Carolinas and Florida remain top states for population …

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FAQs about Duke Leaders Raise Load Growth, Capex Forecasts Coupon?

Why did Duke Energy raise its load growth projections in 2024?

Duke Energy also raised its 2024 load growth projections to about 2% from about 1% in 2023, as new power-intensive projects, population surges in its service areas and a rebounding industrial activity drive up electricity demand. ...

Why did Duke Energy raise its CAPEX?

REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) - Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy. ...

Why did Duke Energy raise its energy forecasts?

Duke Energy regularly forecasts how much energy it needs to provide customers. But the pace of demand growth is surprising the company, prompting it to raise forecasts just six months after its previous filing with state regulators. ...

Why did Duke raise its capital expenditure?

Charlotte, North Carolina-based Duke raised its five-year capital expenditure to $73 billion from its earlier plan of $65 billion. "Five-year capital plan that will support our energy transition and the unprecedented growth of our jurisdictions. ...

How much will Duke Energy Invest in 2024?

NEW YORK, Feb 8 (Reuters) - Power and natural gas firm Duke Energy (DUK.N) on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase over its previous guidance, and projected a jump in demand growth in 2024. ...

What is Duke Energy's Capital expenditure & investment plan?

To support its growth strategy and meet evolving customer needs, Duke Energy has outlined major capital expenditure (CapEx) and investment plans. The company projects a total CapEx of $73 billion over the next five years, signaling a substantial commitment to infrastructure development and expansion. ...

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