Duke Energy has accepted a multi-million-dollar settlement from the US Government, agreeing to relinquish its offshore wind leases in North Carolina

North Carolina's Duke Energy's agreement raises the number of leases up for cancellation to nine, with $2.6bn in refunds committed by the administration

A Duke Energy subsidiary paid $155 million for the lease in 2022, saying it could support up to 1.6 GW of capacity. The utility now says it will “refocus” nearly $129 million to…

Support CleanTechnica's work through a Substack subscription or on Stripe. RALEIGH, N.C. — Duke Energy accepted $129 million in taxpayer money to buyout an offshore wind lease,…

Duke Energy has accepted a multi-million-dollar settlement from the US Government, agreeing to relinquish its offshore wind leases in North Carolina

The chief executive of Duke Energy Carolinas said that the money could be reinvested into ‘advancing nuclear and natural gas generation’

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