New filings show Duke-Progress risking corporate death spiral by ignoring rapid US shift toward solar, wind, energy storage… Duke Energy and subsidiary Progress Energy yesterday filed long-range plans to stick with a 20th-century business model.
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State Holds Hearing To Consider Duke Energy Efficiency Policy — WUNC
State regulators are considering a plan to allow Duke Energy to charge customers a little more as it increases energy efficiency. A group of non-profits at the hearing, including NC WARN, said Duke should invest more in community-based efforts to weatherize homes and reduce monthly power bills without raising rates.
Will Duke’s Upcoming Solar Power Plan be Good for North Carolinians or Drive Rates Even Higher? — News Release from NC WARN
When might NC WARN – a vigorous promoter of solar power for many years – NOT support a plan to add solar to North Carolina rooftops? Answer: If Duke Energy’s upcoming solar proposal, previewed in April and due to be filed any day, is used cynically to mask – and amplify – its plans to keep building nuclear and fracking-gas plants, and to keep its coal giants running for decades.
Clean Power and Housing Advocates Seek Energy-Saving for Those Who Need it Most — News Release from NC WARN
On Rooftops, a Rival for Utilities — The New York Times
For years, power companies have watched warily as solar panels have sprouted across the nation’s rooftops. Now, in almost panicked tones, they are fighting hard to slow the spread. Alarmed by what they say has become an existential threat to their business, utility companies are moving to roll back government incentives aimed at promoting solar energy and other renewable sources of power. At stake, the companies say, is nothing less than the future of the American electricity industry.
Industry Report Suggests Duke Energy May Be Facing Corporate Death Spiral
In January 2013, the Edison Electric Institute published a report titled Disruptive Challenges: Financial Implications and Strategic Responses to a Changing Retail Electric Business. It states: “…the pace of [electric industry] change is increasing and will likely increase further as costs of disruptive technologies” continue to decline.
Examining the feasibility of converting New York State’s all-purpose energy infrastructure to one using wind, water, and sunlight — Energy Policy
Duke Energy CEO calls for competitive bids for NC solar sales — Charlotte Business Journal
Two Reports Published
Climate Change: No Breakthroughs Needed, Mr. President — Huffington Post
In his recent New Republic interview, President Obama said we “need some big technological breakthrough” to tackle climate change. Mr. President — our nation already has the technologies to protect the climate while advancing prosperity. Your National Renewable Energy Laboratory showed just last June how to produce 80 to 90 percent of America’s electricity from proven, reliable and increasingly competitive renewable sources like the sun and wind.