Duke Energy (NYSE: DUK) — Company Overview, News & Financial Data
Duke Energy (NYSE:DUK) operates as a large utility company, primarily engaged in electric power and gas distribution across the United States.
Duke Energy
Duke Energy is an energy holding company focused on electric power generation, transmission, distribution, and natural gas infrastructure services in the United States. Headquartered in Charlotte, North Carolina, the company operates regulated electric utilities serving millions of residential, commercial, and industrial retail customers across multiple states, including North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky. Its generation fleet encompasses a diversified mix of nuclear, natural gas, coal, hydroelectric, and solar power facilities. Additionally, Duke Energy distributes natural gas to retail customers and invests in utility-scale clean energy infrastructure, grid modernization projects, and battery storage systems across its service territories.
Snapshot
Operations
Products and/or services of Duke Energy
- Regulated Electric Generation and Distribution: Generation, transmission, and distribution of electricity across six states, supplying regulated retail power to approximately 8.4 million customer accounts through a mix of nuclear, natural gas, coal, hydro, and solar power plants.
- Regulated Natural Gas Local Distribution: Procurement, transportation, and retail distribution of natural gas services to approximately 1.7 million residential, commercial, and industrial customers across Ohio, Kentucky, Tennessee, and the Carolinas through extensive regional pipeline networks.
- Nuclear Power Generation: Operation of major base-load nuclear power facilities across eleven units at six plant sites in North Carolina and South Carolina, delivering high-capacity carbon-free electricity to the regional power transmission network.
- Electric Transmission and Grid Infrastructure: Operation and maintenance of tens of thousands of circuit miles of high-voltage transmission lines, substations, and automated distribution equipment to route power reliably from central generating assets to end-use retail customer meters.
- Utility-Scale Solar and Storage Integration: Development, ownership, and operation of utility-scale solar photovoltaic generation facilities and co-located battery energy storage systems integrated directly into regulated utility distribution grids to support grid stability and peak load demand.
- Hydroelectric and Flexible Thermal Generation: Operation of flexible pumped-storage hydroelectric facilities, conventional hydro dams, and rapid-dispatch natural gas combustion turbine peaking plants to balance variable renewable generation and satisfy peak seasonal grid power demand.
Duke Energy executive team
- Harry K. SiderisPresident, CEO & Director
- Brian D. SavoyExecutive VP & CFO
- T. Preston Gillespie Jr.Executive Vice President of Nuclear Program Strategy
- Kodwo Ghartey-TagoeExecutive VP & CEO of Duke Energy Carolinas & Natural Gas Business
- Louis E. RenjelExecutive VP, CEO of Duke Energy Florida & Midwest and Chief Corporate Affairs Officer
- Abigail L. MotsingerSenior VP, Chief Accounting Officer & Controller
- Richard DonaldsonSenior VP & Chief Information Officer
- Bonnie B. TitoneExecutive VP & Chief Administrative Officer
- Mike SwitzerVice President of Investor Relations
- Alexander Robert GlennExecutive VP & Chief Legal Officer