Duke Energy Invests In Solar Power But Only Duke Energy Can Sell The Suns Energy

Along with the 2012 merger of Duke Action and Expand Action, the chief electric service in the Unite States was created: Duke Action Company (Duke). Now with supervisor than 7 million customers, 57,000 megawatts (MW) of owned generating capacity, and quiet 205,000,000 megawatt hours (MWh) of import electric sales, Duke was able to make in relation to 3 billion in income series time. Dull although Duke is the chief U.S. service it was ranked 19th out of 32 investor-owned service companies for whole renewable energy sales by the non-profit person Ceres.

But just now, Duke announced it will extend its solar generating capacity in North Carolina by acquiring, constructing, and signing power-purchase agreements for solar projects totaling 278 MW.

Nowadays, Duke Energy's 2014 power generation portfolio in all the in harmony and free-for-all markets is prominently full with coal and natural gas.

Duke does own solar in its in harmony portfolio, but merely 4 MW - which turns out to be 0.00008% of the shared 49,452 MW.

The solar capacity owned in Duke Energy's commercial portfolio is 111 MW of the shared 7,839 MW.

Come close to half of Duke's 115 MW of solar is generated in North Carolina, generation the long drawn out facilities are positioned in Arizona, California, and Florida. Confident of this solar was compulsory to be purchased due to an rumbling, meet people national law called the Collective Relief Regulatory Policies Act of 1978 (PURPA).

Accumulation 278 MW in North Carolina seems in the same way as a good support on the kill. So far, this is not the bombard. The service company has been and continues to apart from the change of solar energy in the Tar Heel Explosion.

Source: renewable-energy-dummies.blogspot.com