Tech Giants Press Duke Energy for 24/7 Clean Power in North Carolina
· Climate · United States
Large technology companies and other corporations seeking 24/7 carbon-free electricity in North Carolina face a structural obstacle: across most of the state, only Duke Energy, the vertically integrated utility, can sell them power, and its grid is not required to be 100% clean until mid-century. Canary Media reported on the standoff, which pits corporate clean-energy procurement goals against a regulated monopoly model that limits alternatives such as direct power purchase agreements. The dynamic is playing out as data-center demand for electricity surges nationwide, pushing utilities, regulators and large buyers to negotiate new tariff structures and clean supply arrangements. How Duke responds could set a precedent for other monopoly markets.
Why it matters:The clash between corporate 24/7 clean-power goals and monopoly utility structures is spreading as data centers strain grids, making it a test case for how regulated markets adapt.
Key points
- Duke Energy is the only power seller across most of North Carolina.
- Its grid is not required to be fully clean until mid-century.
- Tech firms want 24/7 carbon-free power but face a regulated monopoly model.
Sources (original reporting)
More stories from this day
- Nuclear Sector Advances on Multiple Fronts in Europe and Beyond
- Battery Storage Buildout Accelerates With Major Projects and Contracts
- CoreWeave credit swaps hit distress as AI debt fears spread
- US Health Officials Advance Plan to Let Pharmacies Compound Peptides
- Agrifood Startup Funding Rounds Include Scimplify, Molagri and Lab-Grown Duck Approval
- Resale platforms turn to live auctions as secondhand fashion booms