Duke Energy raises renewable energy growth goal by a third

• 8 years ago (2016-04-28)

North America 1021 Renewables 776

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The company expects to own or purchase 8000 MW of wind, solar and biomass capacity by 2020 – a 33 per cent jump from the old goal of 6000 MW established in 2013.

“Duke Energy is accelerating the pace of our renewable energy program allowing us to increase our goal for wind, solar and biomass on our system,” said Cari Boyce, Vice President, Policy, Sustainability and Stakeholder Strategy. “Renewable energy will continue to be a growing part of our generation mix in the future.”

The goal is spelled out in the company’s 10 ^th edition of its Sustainability Report issued today. The report also tracks the company’s progress on other sustainability goals and programs.

As of the end of 2015, the company owned or purchased nearly 4400 MW of wind, solar and biomass: 49 per cent wind, 39 per cent solar and 12 per cent biomass.

Overall, Duke Energy operates more than 52 000 MW of generating capacity in the United States.