At regulatory hearing, lawyer and expert discredit Duke Energy’s “blind faith” claims of huge upcoming growth and new climate-wrecking power plants
A prominent clean energy expert has provided written testimony in a regulatory proceeding that challenges Duke Energy’s plans for a massive buildout of failure-prone nuclear plants and climate-wrecking fracked gas. It’s unclear if the North Carolina Utilities Commission will allow this expert to provide verbal testimony in the ongoing hearing in Raleigh.
The testimony of engineer Bill Powers, P.E., of San Diego also describes the huge potential for a path that could quickly phase out fossil fuels and protect citizens from Duke’s massive rate hikes. According to Powers, local solar-plus-storage (SPS) installations could be installed at a fraction of the time and cost of new nuclear units – making it the fastest, cheapest, most equitable tool to move North Carolina off its course toward climate and social chaos.
As detailed in NC WARN’s Sharing Solar proposal, new local SPS could be put into the rate base for all customers to share the costs and benefits, much like we already pay for dirty energy. Multiple excellent solar companies in North Carolina are positioned to install SPS on roofs, parking areas and unused ground areas at or near where power is used.
Powers’ testimony for NC WARN centers on the following issues:
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- Duke Energy’s electricity demand forecasts are “poor … consistently inflated and wrong” (pg. 15-16). Duke predicts a massive influx of new electricity demand, which it is using to justify investments in new, dirty power generation. In reality, per capita electricity use in NC has been on the decline for years (pg. 9), and Duke has been able historically to meet peak demand while leaving much of its existing power plant fleet sitting idle (pg. 17).
- Duke Energy’s plans for failure-prone, colossally expensive nuclear reactors rely on “blind faith” that past mistakes won’t be repeated (pg. 29). The only two AP1000 reactors – the model of large nuclear plants that Duke hopes to construct – ever completed in the US are the most expensive power plants ever built (pg. 25) due to construction challenges, delays and cost overruns. Duke Energy has already failed 6 times during its attempts to build the AP1000 reactor and has been unable to explain how it can avoid repeating the mistakes that led to previous project collapses (pg. 28).*
- Duke Energy plans the nation’s largest buildout of fracked gas-burning power plants. Duke’s whopping proposed 12.3 GW of new fracked gas generation largely hinges on its ability to transition these new plants to burn “green hydrogen” some time in the 2040s. Powers indicates that green hydrogen remains elusive as a reliable fuel source despite industry efforts over many years (pg. 36).
- Solar-plus-storage can serve as a cheaper, more reliable alternative to Duke’s plans for new nuclear reactors and fracked gas-fired power plants. According to Powers, North Carolina has the solar potential for SPS to “operate as baseload, intermediate, and peaking power in the years leading to 2050 … to replace existing coal- and gas-fired generation and displace any new gas-fired and nuclear power as necessary” (pg. 40).
NC WARN attorney Matt Quinn led last week’s in-person proceedings by challenging Duke Energy witnesses on using monopoly customer money to recruit power-guzzling industrial customers to North Carolina. These developments are facing widespread opposition – including community-backed moratoriums on data centers.
Brought to light by the Utilities Commission’s Public Staff during the hearing, Duke Energy CEO Harry Sideris recently boasted to investors, “We have a [recruiting] team in place that their goal, 7 days a week, 24 hours a day, is how do we get these things signed quicker?”
Duke leaders also told investors they plan to drive up profits and power bills by adding an unprecedented $60 billion to the rate system in just the next 4 years in the Carolinas. NC WARN rejects the idea that a monopoly utility should be allowed to spend millions a year boosting its own revenue at the expense of the public. Meanwhile, its actions further entrench the corporation’s stature as one of the world’s worst climate polluters.
NC WARN appreciates that Attorney General Jeff Jackson criticized Duke Energy’s exaggerated growth projections and overreliance on fracked gas, as well as his recommendation that Duke should “plan based on realistic projections and include more affordable, stable sources like solar.”
*Duke Energy’s filing projects it would be at least 2037 before any new nuclear plant becomes operational, far too late to help with the climate crisis or to power data centers.
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Now in its 38th year, NC WARN is building people power in the climate and energy justice movement to persuade or require Charlotte-based Duke Energy – one of the world’s largest climate polluters – to make a quick transition to renewable, affordable power generation and energy efficiency in order to avert climate tipping points and ongoing rate hikes.