DUK · News · 20260824N

PJM Market Regulatory Proceeding

Duke Energy CORP · 2026-08-24 · Importance 34 · Surprise 42

Duke Energy intervened in a Federal Energy Regulatory Commission (FERC) proceeding concerning the PJM Interconnection wholesale power market. Duke cited substantial interests as a major generation and transmission participant. The case could affect the company’s market operations, use of transmission assets, wholesale-power and transmission access, and competitive position, including support for grid investment and its data-center pipeline. No specific dollar impact or resolution timeframe was reported.

Key facts

• Duke Energy reported that 116 customers remained without power as of 4:35 p.m. Monday during the downtown Columbus outage, with full restoration expected by 5 p.m. source
• Duke Energy said a downtown Columbus power outage lasting most of Monday was caused by five flooded underground vaults. source
• Duke Energy crews discovered four feet of water in vaults containing electrical equipment during the downtown Columbus outage response. source
• Duke Energy Corp. (DUK) stock increased by 1.77% to $121.97 on Monday, ending a three-day losing streak for the company. source