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Duke Energy Files 2026 Resource Plan to Regulators

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Duke Energy (DUK) has submitted its 2026 Carolinas Resource Plan to the Public Service Commission of South Carolina to address the state's rapid industrial growth and support expanding energy demand, the company said on Monday.

Filed on Aug. 14, the roadmap aims to balance reliability, diverse resources, and customer affordability aligning with South Carolina's energy policy goals under the 2025 Energy Security Act, the company said.

Key near-term initiatives include advancing natural gas projects underscored by an approved 1,400-megawatt combined cycle facility in Anderson County alongside turbine supply agreements with GE Vernova (GEV) and scaling battery storage, supported by a new request for proposals for 400 MW of standalone storage in the state.

Furthermore, the portfolio maintains active solar procurement, maximizes existing nuclear assets via license renewals and uprates while evaluating future sites in Cherokee County, S.C. and Stokes County, N.C., and deploys Grid Edge programs to manage demand, it stated.

Duke Energy estimated that combining tax-credit optimization, pending US Department of Energy loan applications, and the approved combination of Duke Energy Carolinas and Duke Energy Progress will deliver more than $5 billion in cost-saving benefits to customers.

The regulator is scheduled to hold hearings on the resource plan in April 2027, with a final regulatory order expected by June 2027, according to the statement.

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