Duke Energy steps up its renewable energy goals

Observer file photo
Observer file photo

Charlotte-based Duke Energy is making its sustainability goals more aggressive as it puts more emphasis on renewable energy.

In its annual sustainability report, the utility company said it plans to own or purchase 8,000 megawatts of wind, solar and biomass capacity by 2020 – a 33 percent jump from its goal set in 2013 of 6,000 megawatts.

“Renewable energy will continue to be a growing part of our generation mix in the future,” said Cari Boyce, vice president of policy, sustainability and stakeholder strategy.

The company said at the end of 2015, it owned or purchased nearly 4,400 megawatts of wind, solar and biomass.

Also in its sustainability report, Duke Energy said that overall carbon dioxide emissions from generation were 28 percent below what they were a decade ago. The company also said carbon intensity, which is the amount of carbon dioxide released per kilowatt-hour of electricity produced, is 23 percent lower than it was a decade ago.

Duke Energy is the largest electric utility in the U.S., with 7.3 million electric customers in six states in the Southeast and Midwest.

Katherine Peralta: 704-358-5079, @katieperalta