DUK · News · 20260922N
Generation Capacity Expansion
Duke Energy CORP · 2026-09-22 · Importance 65 · Surprise 60 · In source text
North Carolina regulators denied Duke Energy’s proposal to build a 255-MW natural gas-fueled simple-cycle combustion turbine. The proposed project carried an estimated cost of $584 million, exceeding the materiality threshold. Regulators cited uncertain data-center-driven load growth and questioned Duke’s demand and cost modeling. A decision is deferred until evaluation of Duke’s Consolidated Carbon Plan and Integrated Resource Plan concludes in late 2026.
Key facts
- The proposed 255-MW combustion turbine was cited as having a $584 million cost. source
- Regulators cited uncertain load growth primarily from data centers as a reason to deny Duke Energy's turbine proposal. source
- Duke Energy expressed disappointment about the regulators' denial and is assessing next steps. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | contingent | — | The proposed 255-MW combustion turbine was cited as having a $584 million cost. |